Lavanya Murali

• Leading team of 14 members for North America AP process which includes Invoice processing, QC,Ageing,GRN, Month end.

• Successfully completed 5 new transitions through remote

• Support Internal and statutory audits across the FSS entities and audit feedback and observations are shared within the teams for changes and improvements

Implemented dashboard data to reduce the emails received to AP team and with the help of the dashboard, suppliers can get their queries resolved .

• Part of automation team for automating the PO process.

• Month end closure and HFM reporting is handled and monitored to support the teams where any problems during the close and fix the problems

• Supported for application launch and the workflow launch process

• Coordinated and successfully implemented threshold process.

• Handled markets like APA regions, Europe and North America.

• Successfully completed GAO audits and PWC audits on time without any negative comments in the process.

• With good leading on the process avoided duplicates

• Moved to a profile of another side of auditing, where to identify the duplicate payments which has been made to the supplier and recovered cash to the tune of $2 Million

• Implemented controls to avoid duplicate payments

• Projected good analytical skills and acted as a role model to the team on completion of activities also in recovering

• Part of Indexing & processing Team

• Worked in European Sales Office(ESO) team for processing as well as with the critical desk of handling supplier queries in tool.

• Handled all markets in ESO locations and achieved the objective of processing invoices within TAT.

• Audited more number of volume for all the teams like Utilities,Frieght,etc

Identified the suppliers where discount is applicable for payment on time

Worked on pay terms clean up and identified suppliers and contacted them on the discount process

Around 10 suppliers identified as part of this and the benefit of 2% per invoice is considered

Out of which we gained the value of 0.25 Mil USD for 2 months

• Filtered Top suppliers and contributors related to North America and trained top 100 suppliers with help of Machine Learning & Artificial Intelligence

Since AP process involves more manual effort, with help of this BOT we were able to reduce 1 FTE savings with respect to Invoice processing for top 100 suppliers

Expanded the scope to the next 100 suppliers

• Scope of the project is to eliminate manual intervention on processing and maximum utilization of the machine to process Invoices and automate the Invoice processing & payments
• Cleaning up the existing invoices sitting in the system and clearing the aged items
• Active suppliers split through Vendor master Data and load the same in the tool
• Considering exceptions on process separately and deriving on streamlining the process

Once the tool is implemented, there would be 15 % efficiency in each region

All manual work will be eliminated and we will have system control

More than 50% of aged payables reduced from Dec’21 to Mar’22 which was 116Mil in Dec’21 to 48Mil in Mar’22 in US region

GRNI which has 110 PO’s in > 180 Days has been cleared and made NIL during Q1 2022 with rigorous follow-up for US

Over 6 Mil was cleared in GRNI US which was 8 Mil during the month of Dec’21 to 2.1Mil for the month of Mar’22

For driving the team and ensuring the deliverables are met without any escalations

Also cleaning up of old GRN items along with aged items clean up

Received Employee excellence award in Oc'2009

Received Functional Excellence award during Jun 2014 & Jul 2015

Received Team award during Q3 2020

Rated Top achiever for the year 2011, 2014, 2016,2019