ICG’s cloud-hosted, AI enabled business process solutions are designed to help you effectively Communicate, Collaborate & Transact with your vendors, partners, and customers.
ICG provides solutions that support remote operations as well as hybrid and on-premise financial back-office operations to support your core business and maintain business continuity under any circumstance with peak efficiency! Click the link to watch a short video on ICG’s solutions and see how ICG can help make your operations more efficient.
Our solution model is to provide targeted and specific functionality that compliments your existing people, process, and technology. Our configurable applications can plug “functionality gaps” without the need for costly upgrades or expensive customizations to your ERP. If your current enterprise systems leave gaps in your process that are constraining your ability to achieve maximum efficiency, ICG can help!
We Can Help You:
- Bridge the functionality gaps with your ERP
- Design data capture solutions that match your vendor profile
- Automate transaction processing functions with AI assisted technology
- Promote a high level of vendor self-service through use of vendor and supplier portals
- Evaluate and improve your current vendor management processes
- Implement best practices in your financial back-office operations
- Manage spend through spend analysis and spend management tools
- Implementation flexibility with cloud hosted delivery models
- Deliver system integration via multiple techniques that best fit your IT organizations
- Provide a high level of security through our partners AWS and Sysdig
Types of Solutions
Streamline your entire vendor onboarding and maintenance process with our comprehensive vendor onboarding suite. Your procurement, purchasing, finance and accounts payable teams will be able to onboard more vendors with far less effort and time as vendors are enabled to take over non-value add tasks previously handled by your team. All other stakeholders in your companies supply chain, legal, security, and field operations will benefit from the efficiency, visibility, and 24/7 accessibility of this solution.
By driving vendor self-service and tracking critical data and compliance related expirations (including insurance, diversity and licensing) our vendor onboarding solution will drive down costs, mitigate risk, and insure compliance from your vendors from the start.
A vendor portal (supplier portal) helps you facilitate online payment inquiry and vendor invoice submission. You’ll be able to collaborate with vendors & suppliers on payment dispute resolution faster than ever before, and if desired, launch a dynamic discounting program. A Vendor/Supplier Portal can deliver a significantly higher satisfaction level for your company AND your vendors! ICG vendor portal serve many industries so no matter what industry your are in, ICG Consulting can help.
We provide artificial intelligence ( AI ) enabled Accounts Payable (AP) Automation with special expertise in high-volume transactional systems, that Increases your company’s bottom line through lower processing costs, faster cycle times and efficient cash management.
Data Capture & Document Assembly
If you receive invoices and payment related documents in many formats from a variety of channels (email, US mail, EDI, etc.), it’s time to let our AI assisted technology help you streamline the process of receiving, sorting and delivering and processing invoice documents from any source. Anything you receive – be it by mail, email, portals, fax, etc – can be instantly defined, grouped and routed for processing, review, matching or approvals.
Get away from the labor intensive approach – our AI enabled solutions insure that all relevant data is captured and sent to the appropriate source. Our Data Capture & Document Assembly Tools are designed to work with all sorts of back-office operations, no matter how customized (or complex) they may be.
We offer AI assisted workflows with rapid deployment that can meet the most demanding requirements for your business. Our business process management workflows are built on a robust engine designed to work with in a complex business rules environment or more simplistic routing scenarios. There is no need to reinvent the wheel – our AI assisted workflow solutions are highly configurable and easy to deploy without the grind (and expense) of a start-from-zero approach.
Workflows will increase the level of automation, reduce errors, and speed up approval/dispute resolution times. They can be deployed in almost any application and are highly configurable.
Our vendor portal (supplier portal) based solutions help both the procurement & finance sides of the business to manage many aspects of vendor management. From both a transactional and administration perspective you will get new tools to handle:
- Vendor onboarding (supplier onboarding)
- Validations and compliance checks
- Diversity setup, compliance and tracking
- Vendor information management
- Risk management
- TIN check and W9 and W8 collection
- Vendor payment inquiry
- Vendor dispute submission and tracking
- PO dispatch & updates
- Dynamic discounting
… and much more. Read more about the Top 4 Pain Points of Vendor Management.