Lower Operating Cost and Provide Capacity to Handle Growth
In today’s consumer market, spending remains low and no one knows when it will return. In order to stay ahead of the pack, retailers, distributors and consumer product companies must focus on liquidity and preservation of capital. They must lower risk and cost throughout their supply chain. Investment needs to provide immediate cost savings and provide capacity for the future. Consumer companies have turned to Prodagio Software to provide solutions that:
- Provide Instant visibility into all demands on cash and optimize payments to preserve capital
- Drive efficiency across hundreds of retail locations in some cases operating with multiple financial systems
- Eliminate cost and complexity of dealing with paper, while building capacity to handle growth
- Automate tax processing and lower the risk of fraud
- Centralize and standardize contract across the enterprise including contract type from HR to franchise agreement
- Strengthen supplier relationships while lower the cost to handle inquires
Visibility paired with the ability to take action is the key to managing these challenges as well as the complexities from payments, obligations and commitments. With visibility and control your organization will be able to identify risks that will help drive down costs to your bottom line, protect against fraud and operate efficiently.
Gain Stronger More Efficient Operations
Prodagio solutions have been deployed at large and diverse retail and consumer product companies, and we have succeeded in providing solutions to each of their unique challenges. Automate and enforce even your most complex business rules with Prodagio AP, a solution that has been proven to reduce invoice cycle time. Gain complete visibility into your contractual processes with Prodagio Contract - visibility that allows you to respond quickly to changes in you market. Manage risks, nurture supplier relationships, and enhance operations with a solution that specializes in increasing the efficiency and productivity of business operations. In the fight for profits, visibility and efficiency pays off quickly.
Invoice Automation Eliminates Costs and Help Preserve Cash
- Reduces costly and error prone paper based processes, and provides a web-based program where all activities can be done – from scanning and OCR to Final posting to the ERP
- Enables shared services consolidation across multiple operations and financial systems while simultaneously improving service levels
- RoboProcessor Rules Engine enforces business rules, ensures invoices match purchase orders and prioritizes invoices for payments, eliminating the risk of missed payments and eliminates costly needless touches to the invoices.
- Hooks into and complements any ERP system, allowing you to validate supplier data at any time in the workflow process and more efficiency post to the ERP
Contract Management Lowers Risk across the Enterprise
- Decreases potential revenue leakage by ensuring you’re not overpaying rebates and allowing you to track vendor performance according to agreed-upon purchase quantities
- Stores all contracts in a centralized, intelligent, online repository, increasing visibility into your contracts, contractual relationships, commitment, terms, and milestones
- Hooks into your ERP system providing the flexibility needed to communicate with finance and operations to contracts are delivering as planned
- Compliance is engineered into the products with automatic audit trails
- Automated reminders eliminate the risk of missed obligations or renewals and allows you to more effectively forecast and stay ahead of commitments
- Improves speed and accuracy of audits, reporting, and daily operational activities that require access to contract and specific terms and commitments