Empowering Financial Dynamics: Revolutionizing Supplier Channel Financing
Overview:
Diligent Global was approached by a prominent Non-Banking Financial Company (NBFC) based in Mumbai to enhance its supplier channel financing operations. The NBFC required an advanced solution that would seamlessly integrate with their existing Microsoft Navision, Dynamics 365, and SAP S/4HANA systems to improve and streamline their financial services.
Challenges:
- Inadequate integration of core banking platforms with ERP systems.
- Insufficient data insights and analytics for informed decision-making.
- Manual and time-consuming invoice processing.
Solutions:
- Developed a bespoke Supplier Channel Financing solution, integrating seamlessly with Microsoft Navision, Dynamics, SAP S/4HANA.
- Created dynamic data points such as Customer Master Data, Invoice Data, and Posting Control Detail Records.
- Custom analytics were developed for actionable insights such as Aging Payment Trend and Custom SLA summaries.
Results:
- Streamlined invoice processing with automated delivery via WhatsApp was initiated, significantly reducing manual workload.
- Enhanced analysis for Due-diligence/Anchor, EKYC connections, and Data Management Reporting for Archibus, DuPont, and Merck.
- Facilitated seamless connectivity with Loan Origination System, ensuring a robust financial service offering.
Summary:
This strategic project positioned the NBFC as a leader in financial innovation, offering their clients a streamlined, data-driven financial service. The collaboration with Diligent Global not only optimized the NBFC’s operational efficiency but also significantly enhanced their customer service capabilities.
Is your financial service delivery as dynamic as it could be? Partner with Diligent Global to transform your supplier channel financing solutions.
Contact us at kalpesh.chavda@diligentc.com to discuss how our custom solutions can elevate your operations.
