How vMeasure helped a premium sanitaryware manufacturer to cut bill reconciliation time from 7 days to 20 minutes?
Industry
Product
Process
Use case
Integration
Case Study Summary
Problems faced by the Client
- Business Problems
- Logistics Problems
- IT Problems
The company was not able to dictate the payment terms as the credit settlement for the courier partners took at least 7 days.
Manual bill reconciliation led to inaccurate tax payments and compliance issues which posed a major legal threat to the company.
The inaccurate billing rates strained the relationship between the company and the courier partners.
The finance team manually reconciled courier partners’ bills which were labor-intensive and time-consuming.
It was difficult to judge the actuality of the bill amount in relation to the product dimensions handed over to a courier partner.
Manual bill reconciliation made it difficult for the audit team to develop an audit trail because of inadequate access to real-time and accurate information and documentation.
Their current enterprise solution could not accommodate their workflow and as a result, many tasks went unaccounted for.
The IT team were not able to spare resource and time for the logistics team to make complex integrations.
The current systems were not advanced enough to provide seamless integrations without major operational reforms.
The company was not able to dictate the payment terms as the credit settlement for the courier partners took at least 7 days.
Manual bill reconciliation led to inaccurate tax payments and compliance issues which posed a major legal threat to the company.
The inaccurate billing rates strained the relationship between the company and the courier partners.
The finance team manually reconciled courier partners’ bills which were labor-intensive and time-consuming.
It was difficult to judge the actuality of the bill amount in relation to the product dimensions handed over to a courier partner.
Manual bill reconciliation made it difficult for the audit team to develop an audit trail because of inadequate access to real-time and accurate information and documentation.
Their current enterprise solution could not accommodate their workflow and as a result, many tasks went unaccounted for.
The IT team were not able to spare resource and time for the logistics team to make complex integrations.
The current systems were not advanced enough to provide seamless integrations without major operational reforms.
Why did the customer choose vMeasure Cubing and Weighing System
over other dimensioners?
- Dimensioning Capability
- Software Integration
- On-screen Customization
- Physical Characteristics
vMeasure covered all the product/SKU sizes which need to be dimensioned within <1 second.
The accuracy and repeatability metrics aligned with the Operations teams’ expectations.
The vMeasure team built customizable workflows that included a custom screen to capture the courier partner’s name and the order quantity.
The logistics team can download the measurement data along with the courier partner and order quantity as an excel file.
The warehouse associate can enter the name of the courier partner and the quantity before the measurement screen.
The name of the courier was displayed just below the measurement tab.
vMeasure was small and compact, leaving more space for the warehouse worker to move freely.
The device was very simple to install within 15 – 20 minutes and had minimal parts.
vMeasure covered all the product/SKU sizes which need to be dimensioned within <1 second.
The accuracy and repeatability metrics aligned with the Operations teams’ expectations.
The vMeasure team built customizable workflows that included a custom screen to capture the courier partner’s name and the order quantity.
The logistics team can download the measurement data along with the courier partner and order quantity as an excel file.
The warehouse associate can enter the name of the courier partner and the quantity before the measurement screen.
The name of the courier was displayed just below the measurement tab.
vMeasure was small and compact, leaving more space for the warehouse worker to move freely.
The device was very simple to install within 15 – 20 minutes and had minimal parts.
The vMeasure Dimensioning Solution
- The order details, along with the SKUs to be packed for the order, are displayed.
- The warehouse associate then scans the individual FNSKU to verify.
- Once all the items are verified using the FNSKU, the warehouse associate then packs the order and places the package on the vMeasure system.
- The warehouse associate scans the confirmation barcode to trigger the measurement on the vMeasure system.
- Once the measurement is triggered, the vMeasure system automatically dimensions the package and updates the corresponding data to Ship-Station
- The vMeasure system returns to the order ID scan screen automatically once the data upload to ShipStation is complete.
How did the client benefit from vMeasure Cubing and Weighing System ?
- Business
- Operational
- Administrative
The company’s bargaining power increased since the bill reconciliation period decreased from 7 days to 20 minutes.
The management found it easy to make accurate tax payments and make compliance easy with accurate courier bill information.
Every decision made after the installation of vMeasure became more informed and last-minute surprises were eliminated.
The company was able to initiate better cost control measures now that they had enhanced visibility of their courier partners and order quantities.
vMeasure’s solution was scalable to accommodate any changes in the audit process or a sudden increase in supplier bills, allowing the auditors to adapt to changing business needs.
The accounts department were now empowered to detect any anomalies or fraud such as overbilling, duplicate invoices, and unauthorized purchases.
The supplier mapping helped the company to resolve bill discrepancies faster, improving cashflow and the reducing the risk of late payments.
vMeasure seamlessly integrated with the client’s ERP software, enabling better transmission of supplier and order information.
vMeasure decreased the need for paper-based processes and improved the efficiency of invoice processing.
Automated reconciliations streamlined the payment process, reducing payment cycle times.
vMeasure acted as a single repository for all supplier information which improved collaboration between the auditors and other stakeholders, facilitating better communication.
The availability of reliable supplier data enabled the purchase team to identify preferred suppliers, streamlining the procurement process and reducing costs.
What makes vMeasure the only vMeasure Cubing and Weighing System
capable of solving your needs?
- Small SKU Mode
- All Parcel Mode
- White Goods Mode
- Mount Height
- Minimum Measurable Size
- Maximum Measurable Size
- Measuring Accuracy
- Dimensioning Size Range
- Mount Height
- Minimum Measurable Size
- Maximum Measurable Size
- Measuring Accuracy
- Dimensioning Size Range
- Mount Height
- Minimum Measurable Size
- Maximum Measurable Size
- Measuring Accuracy
- Dimensioning Size Range
- Small SKU
- All Parcel
- White Goods