Don’t Just Streamline Your Financial Operations
Transform How You Operate with Senzcraft
Finance Teams Challenges
Procure to Pay
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Invoice processing delays
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Manual data entry errors
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Approval bottlenecks
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Supplier communication inefficiencies
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Payment discrepancies
Order to Cash
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​Invoice generation errors
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Payment collection delays
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Customer credit management issues
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Order tracking difficulties
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Dispute resolution inefficiencies
Treasury
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Cash flow forecasting inaccuracies
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Investment decision delays
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Manual reconciliation errors
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Risk management complexities
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​Compliance monitoring challenges
Financial Planning and Analysis
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Data consolidation delays
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Forecasting inaccuracies
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Scenario analysis complexities
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Manual report generation
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Lack of real-time insights
Record to Report
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Data entry inaccuracies
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Reconciliation delays
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Compliance reporting challenges
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Manual journal entries
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Closing process inefficiencies
Audit & Accounting Teams Challenges
Accounting
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Data entry errors
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Time-consuming reconciliations
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Manual report generation
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Compliance with regulations
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Period-end closing processes
Audit
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High effort in collecting documents and data from ERP and other systems
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Random sampling leaves open risk
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High effort in reviewing transactions against contract clauses
Contract Adherence
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Reviewing unstructured contract documents error-prone
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Volume based pricing difficult to review and match
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Auditing contract adherence time taking and effort intensive
AI driven SOLUTIONS
Invoice Processing
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Automate invoice processing in ERP from invoices received by email.
Vendor Payments
Automate vendor payments, from comparing the aging report with bank statements to preparing payment batches and uploading them to the banking portal.
Cash Application
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Automate outstanding receivables reconciliation and application of cash to receivable invoices.
Customer Account Reconciliation
Automated solution to expedite Customer Account reconciliation, minimize errors, and optimize financial accuracy
Internal and External Audits
Automate audit document collection, expand sample set to evaluate greater transactions and identify risks
Contract Adherence
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Automate reviewing compliance with contract clauses and terms and conditions
Solution Benefits
Request a Case Study
Interested in learning more about how Senzcraft has helped companies like yours transform their business operations? Request a Case Study now!