Operational Insights

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by Anthony Kylitis

Ensure you are meeting your key PO and A/P operational goals

Better understand the reasons and root causes for any issues and facilitates your ability to take the appropriate corrective action.

Operational Insights is an interactive reporting and analytics utility that will allow organizations to:

  • Track key PO and invoice metrics
  • Compare your organization’s results to the overall BirchStreet customer base in each measured area

Confirming and Late PO rates

Non PO Invoice rates

“Straight Through” or “No Touch” Invoice rates

See invoices by source (eg, IMS, OCR, EDI, Manual Entry)

EDI invoice error rates

Savings = $$$

A customer who improves their straight through processing rate from 50% to 75% and processes 1,000,000 invoices per year could save an average of $500,000 per year in invoice handling costs.

Four Seasons Hotels and Resorts

The implementation of BirchStreet in our properties around the globe has created improvements in our control procedures, supplier management, spend analytics, shared services activities and, not to be underestimated in terms of its impact, a heightened awareness amongst all users of the impact of their procurement activities.

Find out what a cloud based Procure-to-Pay solution can do for your business

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