|Banking/Mortgage/Credit Union||Legal||Call Center|
|Aerospace/Aviation/Defense||Entertainment and Media||CPA Accounting|
|Construction/Civil/Structural Engineering||Wholesale Distribution||EMR|
|Real Estate/Property Management||Automotive|
An international telecommunications company was experienceing disorder in their accounts payable department. There were no processes in order to place, track or validate expenses. In essence, expenses could not be reduced because they could not be quantified.
Thor was brought on to establish procedures for processing, tracking and validating invoices for payment. This included the following:
The processes established by Thor assured the following:
As a result of the extablished procedures the Client Company has benefited great financial savings. Previous to Thor joining the team, there were no processes to allow budgeting or determine which expenses were valid. Our presence allowed for the cancellation of invalid contracts and numerous vendor credits. The final results were over $1.2M in savings and counting for this international telecommunications company.