Client Challenges
- No track of bundles receivable or received from lorry office is available
- Purchase entries are recorded without confirming the goods quantity & rate
- Not sure if debit notes are raised against shortage & damages
- High possibility of double payment to the suppliers
- 3 independent ERP’s for bundles, GRN and payments with no integration causing confusion in the entries
- No validation for freight payments
PKC Solutions
- Integrated all the 3 software’s with the support of internal IT team
- Automating freight payments to avoid revenue leakages
- 2 level control system for all the processes to reduce chances of fraud
- Auto-generation of debit notes for shortages & damages
- End-End tracking of bundles and the value of goods associated
- A special report for management with detailed inventory management exceptions
Results
- ~40% stock optimisation with real time updates on Inventory in godown
- 1.5 LAKHS Invoices processing time annually has been saved by integrating the existing ERP’s
- In charge wise reports on bundles at every stage from software
- Payment is done only for goods received and processed and all debit notes were considered before processing
- Time taken for processing of bundles at various stages will be known
- Complete control on freight payments as it is automated
- Metrics at various stages is helping in noticing escalations so that necessary action can be taken
