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Operational Insights

BirchStreet Operational Insights is an interactive reporting and analytics utility tool that helps platform users gain direct savings from limiting invoice touch.

Gain visibility into properties and suppliers that do not conform to your processes and require corrective actions

Reduce manual entry errors by ensuring invoices get forwarded electronically

Mitigate risk of excessive reliance on confirming PO’s by identifying key suppliers’ failures to maintain catalogs

Analyze how your organization’s operational performance benchmarks against your industry peers

Key Benefits

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