xanadutec accounts payable

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XANADUTEC Profile & Service Offering

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Our Accounts Payable Platform

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Page 1: Xanadutec Accounts Payable

XANADUTEC Profile & Service Offering

Page 2: Xanadutec Accounts Payable

About Xanadutec

Restriction on Disclosure and Use of Data

The data in this document contains proprietary information of Xanadutec, the disclosure of which would provide a competitive advantage to others. As a result, this document shall not be disclosed, used or duplicated - in whole or in part - for any purpose other than to evaluate Xanadutec.

Page 3: Xanadutec Accounts Payable

About Xanadutec

• Founded 2001 by team with several years of blue chip experience.

• 250+ employees worldwide

• Head quartered in London, United Kingdom with offices in India and representation in USA

• Multiple service delivery centres (Pune, Bangalore & Trivandrum) to ensure redundancy

• Services several Fortune 500 companies in Healthcare, Retail, Logistics, Insurance& Banking

• Backbone provider to established local outsourcing companies

• Strategic partnership in USA and Mexico for on-shore and near-shore

Page 4: Xanadutec Accounts Payable

Global Presence

Page 5: Xanadutec Accounts Payable

Rohit Dhawan - CEO & Founder• EX-Accenture - Strategy Consultant• EX-Citigroup - Strategy Planning Manager - Emerging Markets• MBA – International Finance

Akshat Shrivastava - Chief Operating Officer & Co Founder• 10 years in data processing operations• Service delivery and quality

The Team

Chetan Patwardhan - Chief Finance Officer, Ex- KPMG Audit & Transaction Service• Exceptional track record in managing independent business units, work closely with

several Fortune 500 companies.• Responsibilities include P&L, organization structuring, and new business development

Shahrukh Khan - Chief Technology Officer• Brings over 9 years of leadership and hands-on development experience in the software industry • Areas of technical strength include ERP, B2B & B2C, Design Patterns, UML based project development• Masters degree holder in IT management, Currently Pursuing MBA in International Business.

Page 6: Xanadutec Accounts Payable

Banking &

InsuranceHealthCare

Travel &

HospitalityLegal

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Finance and Accounting – Accounts Payable/Receivable, Travel & Expenses, Contract Mgmt, Reconciliation Mgmt

Customer Support Helpdesk – email, live chat, instant messenger support

Pla

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CUBESCRIBE

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Retail

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Software Development & Application Maintenance - .Net, Java, SQL, Oracle

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Personal Injury

Platform

ALABOT – artificial intelligence, natural language

processing help BOTCUBE A/P

Areas of Expertise

Page 7: Xanadutec Accounts Payable

Data Processing

Finance and Accounting

Page 8: Xanadutec Accounts Payable

Data Processing

• Accounts Payable

• Invoice Scan and Data Capture

• Invoice/DO/POD/PO matching

• Accounts Receivables

• Revenue accounting (update deliveries in accounting system)

• Application processing

• Mortgages

• Credit Cards

• Claims Processing

• Personal Injury (for law firms)

• Workers Compensation

• General Insurance

• Generic Data Capture

• Various projects: loyalty programs, travel and expenses reports, archive data entry, etc.

Page 9: Xanadutec Accounts Payable

Data Processing – Accounts payable

• Experienced provider of accounts payable invoice processing services - Optimising A/P processing since 2001

- 1,000,000+ invoices p.a.

• Robust proprietary platform for data capture, verification & quality assurance

- ‘CUBE A/P' platform written bottom up for finance processing

• One solution for complete Accounts Payable outsourcing

- Invoice receipt by courier, fax, post or electronic format

- Scan & capture

- Invoice workflow & exception management

- Business rules application for 2,3 & 4 way matching

- Multiple output to adapt to customer ERP requirement

- Index archive & retrieval

• Scaleable solution with multiple deployment options

Page 10: Xanadutec Accounts Payable

Accounts Payable – Process Overview

Paper

Customer RulesSupplier,PO, PODMatching

Data Validation

Online Workflow for Client Adjudication

Receipt,Batch,Scan

DATA CAPTUREwith blend Of

OCR & Manual Verification

Quality Assurance

Clie

nt

ER

P

ElectronicData File

Data mapping and rule processing

Exceptions

Approved

Data and Images available on secure portal for Archive/Exception handling

Page 11: Xanadutec Accounts Payable

Accounts Payable – Exception Management

• Business Rules failure correction

• Manual validations against image for marginal exception– Supplier ID validation fail due to old data in master vendor table

• Invoice amounts at variance to Purchase Order

• Clean and update master vendor records to improve auto-matching

• Handwritten instruction on images

• Substitute product delivered to ordered (product id mis-match)

• Rules based exception handling as first step to improve Straight Through Processing for Client

• Escalation via workflow for appropriate items

Page 12: Xanadutec Accounts Payable

Data submission and reporting

• XML file with invoice/claims data for automatic upload

• Frequent list of accruals

• Reports on number of documents, images, lines items, amounts.

• Spend v/s budget (if we have budget data)

• Vendor statements showing paid, unpaid, overdue

• Exception reason reports

• Audit

• Customized reporting

Page 13: Xanadutec Accounts Payable

Why us ?

• Founded and run by professional technocrats

• British firm utilising Indian resources

– Western workstyle and business culture– Legal Protection– Security Conscious– Low cost due to Indian operations

• Small but growing fast– Revenue growth of 40% year on year for last 4 years– Data processing volume growth 100% last 2 years– Transcription growth 150% for 2 years

• Financially sound and stable

• Proven capacity to increase scale/ramp-up operations

• Responsive to customer needs– You say jump; we will ask how high !!

Page 14: Xanadutec Accounts Payable

THANK YOU !

Contact:Akshat Shrivastava– COO

Xanadu houseKoregaon park

pune

Email: [email protected]: www.xanadutec.com

Cellphone: +91 98901 22518