Verification Compliance
Case StudiesVerification Compliance
Metrics
- 40% reduction of operational costs
- 25M+ Transactions Processed
- 750M+ Tax codes from 75 countries covered and homogenized
Approach
This Global company’s biggest challenge was analyzing various global invoice formats, multiple international languages, tax codes and structures and business registration details and at the same time delivering impeccable levels of TAT and Accuracy. Intellekt started slow with regions where processes and platforms were already in place enabling the team to understand and learn at a much quicker pace and then slowly moved on to adding various regions like North America, India, Pakistan, ANZ, SriLanka, EMEA and SEA. Our services included pre-processing of invoices, identifying duplicate entries, verifications, quality checks and recalibration of accounts. As a value add, Intellekt developed and deployed “IntellPredict”, an AI solution to predict and prevent errors to improve accuracy at an Agent level.
Results
We consistently delivered above expectation on TAT and Accuracy. As a result, the operational cost of the customer went down by 40%. We handled the data coming from 75 Countries with 750+ Tax Codes, 14 Payment types, Multiple Foreign Language invoices, 8 Platforms, 128 POCs