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Reduction of invoicing cycle

Consolidation of information and processes

Objectives:

  •  Increase the ability and control of the coal sales process
  •  Integrate all areas involved: sales, foreign trade, logistics and finance
  •  Provide robust support for the conciliation of payments and collections
  •  Streamline workflows across geographies and stakeholders at multiple levels
  •  Embed secure electronic handling for sensitive commercial data

Achievements:

  •  Increase in business process agility, integration and visibility
  •  Reduction of the invoicing cycle
  •  Greater consolidation of information and processes
  •  Reduction in errors across large volumes of annual sales information
  •  Lower risk of non-compliance through electronic document handling
  •  Decision makers kept informed via easy to use reporting interface