- Founded in 2001, the client is a leading provider of global travel and expense management solutions to large enterprises
- Aims to simplify business expense management while ensuring compliance with country-specific taxation and legal regulations with flexible SaaS solutions
- Serves 3,000+ customers across industries, with 1.7 million users in over 100 countries
Success Story
About the Client:
Business Needs:
- Upgrade legacy applications to modern technologies
- Enable seamless support across desktop and mobile devices
- Facilitate compatibility with core legacy COM components
- Support customization and configuration to align with diverse client needs
- Develop an end-to-end expense management application
- Support diverse compliance standards tailored to client-specific locations
- Digitize expense management workflow
- Design a flexible solution that adapts to healthcare expense regulation
- Implement a simplified and streamlined expense approval process
Solutions:
Facilitated automation of the following tasks:
- Expense capturing with AI to scan digital receipts and extract VAT, net and gross amounts, merchant details, and payment information
- Report generation by directing credit card transaction feeds from banks to create transactions effortlessly and automatically matching receipts to card transactions
- Validation and verification of expenses against a set of pre-configured customizable rules
- Approvals based on predefined criteria
- Detection of confirmed and potential violations, providing controllers and approvers with quick assessments
- Data reporting for authorities to check on anomalies, track compliance, and gain specific actionable insight
- Created an integrated ecosystem combining accounting, OCR AI, banking, and cards to
streamline and enhance efficiency - Created an integrated ecosystem combining accounting, OCR AI, banking, and cards to
streamline and enhance efficiency
Business Impact:
- Enabled 70% faster configuration with 200 predefined rules
- Optimized API usage to reduce costs for Google and Bing services
- On boarded 50+ clients annually with optimized UI
- Achieved a 75% reduction in client travel expenses
- Achieved 99.9% accuracy in expense creation and control, reducing manual effort by 80%
Technology Stack:
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