Proof in practice
Case study
Context
A leading FMCG multinational outsourced payment collection previously handled by three full-time staff. The company maintained blank cheques from dealers, filled and deposited when payments were due.
Challenges
- Deposits weekly instead of daily
- Manual intimations to dealers, with many missed
- Mostly manual cheque handling and limited visibility
- Delayed payments, delayed receipt of new cheques, increased cheque bouncing, and loss of overall visibility
What Airpixels did
Introduced core banking disciplines and software automation. Built a CMS maintaining records of all cheques handed over, with software modules to automatically alert stakeholders on cheque deposit, bounce, insufficient cheques, and other critical events — improving accuracy and timelines.
Within six months, the work is carried out by a single person with increased efficiency and effectiveness.