Industry Solutions

Using the cutting edge tools and platforms, we have built industry solutions for different verticals. These solutions can significantly help organisations in creating new possibilities of revenue enhancements, improving customer satisfactions, improving process efficiencies etc.

 

Retail

BFSI

Media &
Entertainment

Manufacturing

Retail

Automation of Accounts Payables Process

In managing cash flows, Accounts Payables is a very critical process. However, it can be a very daunting process. This assumes much larger proportions, especially in a retail company where the no. of suppliers is huge and hence the no. of invoices is significantly high.

As a result of this, the whole process becomes extremely tedious, time consuming, costly because of a huge team involved and also prone to human error which can have severe business implications.

Striatum’s solution, based on Ikarus’ Allspark Cognitive Automation Platform, can help you completely automate the above process, thus increasing the efficiency of your Accounts Payables process and having a significant business impact.

To know more, please download this whitepaper

BFSI

Automation of Customer Approval and Onboarding process for Lending

During the customer approval and onboarding process for lending, the bank officials have to go through several documents such as balance sheets, bank statements etc.

With increasing volume, this can become very cumbersome. The documents for different customers contain similar data but the locations of these data in each of the document can vary from customer to customer. As a result, banks employ a large no. of analysts for going through these documents before making an approval decision.

This can have significant business impact in terms of cost of operation as well as being prone to human errors.

Striatum’s solution, based on Ikarus’ Allspark Cognitive Automation Platform, can help you completely automate the above process, thus increasing the efficiency and accuracy of your Customer Approval and Onboarding process and having a significant business impact.

To know more, please download this whitepaper

Media and Entertainment

Churn Analytics

For a digital media company providing video on demand on subscription, its very important to reduce the churn of their existing subscribers in. For that, its very critical that they understand the behaviour of their of their subscribers and if any of the subscribers is showing signs of churn. Having a high degree of churn means high cost of sales for maintaining the market share or reduction in market share. Reduction in market share will have a severe impact on their ad revenues which is a significant portion of their revenue bucket.

Striatum’s solution, based on Cortex, Vidora’s No Code Machine Learning Platform based on cloud, can help you reduce churn of your subscribers. The solution is based on a two step process:

  1. Predict which users are at risk of churn.
  2. Automate personalized outbound communication to re-engage at-risk users.

To know more about the solution and the benefits that have been accrued to a couple of media companies, please download this whitepaper

Manufacturing

Automation of Accounts Payables Process

In managing cash flows, Accounts Payables is a very critical process. However, it can be a very daunting process. This assumes much larger proportions, especially in a manufacturing company where the no. of suppliers is huge and hence the no. of invoices is significantly high.

As a result of this, the whole process becomes extremely tedious, time consuming, costly because of a huge team involved and also prone to human error which can have severe business implications.

Striatum’s solution, based on Ikarus’ Allspark Cognitive Automation Platform, can help you completely automate the above process, thus increasing the efficiency of your Accounts Payables process and having a significant business impact.

To know more, please download this whitepaper

Automation of PO Processing

In this world where customer seeks quick gratification, every minute counts in delivering the products/services once the customer releases the Purchase Order. In order to meet the customer’s expectations, a manufacturing company puts a big team of resources, who go through the following tasks for each and every purchase order:

  1. Items ordered in the PO
  2. Commercial and Legal T&Cs
  3. Quotation against the PO to check for the correctness

If the volume is high, the whole process at this stage becomes extremely tedious, time consuming, costly because of a huge team involved and also prone to human error which can have severe business implications.

Striatum’s solution, based on Ikarus’ Allspark Cognitive Automation Platform, can help you completely automate the above process, thus increasing the efficiency of your PO process and having a significant business impact.

To know more, please download this whitepaper