Customer Profile
Industry: Transportation
Company Name: China Southern Airlines Group Co., Ltd. [Stock Code: 600029] (hereinafter referred to as China Southern Airlines)
Company Introduction: China Southern Airlines Company Limited, with world headquarters based in Guangzhou, has its company logo seen around the globe with a brilliant red kapok delicately adoring a blue vertical tail fin.With “Customer, Staff, Advantage, Innovation, Return” as its core values and the “Diligent, Practical, Inclusive, Innovative” spirit, China Southern is dedicated to fulfilling its vision of “Building a World-class Airline with Global Competitiveness”. China Southern is singularly honored to hold the best safety record among all Chinese carriers with outstanding safety management levels in the world.
Baiwang Products Application: Through using our input and output products, China Southern Airlines has realized the invoices life cycle management; At the same time, the supply chain collaborative products are launched to realize the efficient collaborative operation between China Southern Airlines and many suppliers.
Customer Pain Points
Digitalization Demand of Group Enterprises: China Southern Airlines has a strong demand for enterprise digitalization and needs a set of systematic digitalization tools to realize the digitalization transformation. While the digitalization of finance input has become a cut-off point for China Southern Airlines to realize the group digitalization transformation.
The Group’s Strong Internal Control Demand: China Southern Airlines has a strong demand for internal control. It has more detailed business needs such as training, reimbursement and approval. It needs an independent internal control system to meet the personalized internal control needs.
Reduce Manual Processing Links and Improve Business Processing Efficiency:China Southern Airlines has a complex system. Due to too many manual links, daily business processing is inefficient. There is an urgent need for digital processing methods to improve the group’s business processing and approval efficiency.
Solutions
In view of the pain points of China Southern Airlines, we deploy three different categories of products: input products, image products and receipt management platform, which specifically meet the group's digital needs and improve its business processing efficiency and internal control and management level.
OCR identification plus input system deployment: through batch invoice validation, automated invoice validation and automated invoice inspection, the functions of invoice validation, invoice verification and invoice status synchronization are realized, which reduces labor costs and tax related risks, and improves business processing efficiency.
Receipt management platform: this platform is a unique function of China Southern Airlines. It can submit documents online, realize the statistical analysis of invoices’ all element data, meet the internal management needs of China Southern Airlines, and can centrally manage many documents generated by training, reimbursement and business reports. Due to the embedded e-signature function, China Southern Airlines can also conduct personalized businesses such as approval, and complete the internal processes management.
Supply chain collaboration: through the seamless connection with the finance and taxation system of China Southern Airlines' enterprise customers, we help China Southern Airlines realize the comprehensive matching of the business flow, finance flow and information flow with its upstream and downstream suppliers. And the time difference between China Southern Airlines and its suppliers reduces, the deduction efficiency from the source and the supply chain collaboration efficiency both improve.
Value Highlights
Efficient: through the combination of "OCR + Input Management", the digitalization of invoices management is greatly improved, helping enterprises to improve the processing efficiency of specific businesses such as finance and taxation expense control reimbursement and tax planning.
Compliant: through the access of image products, invoice information can be stored in the background system in digital form, which is not only convenient for finance personnel to access, but also conducive to the control of the group overall business.
Convenient: by adopting the mode of receipt management platform, China Southern Airlines is able to process a large number of documents generated due to the internal affairs, which greatly improves the business collaboration efficiency among the internal finance systems.
Customer Testimony
We provide China Southern Airlines with input invoice management services, supply chain collaboration products, image product services and receipt management platform services. We systematically transform its input management and internal control systems, empower it with invoice images OCR recognition, invoices validation, check verification, interface verification and invoices status recording, and improve its finance and taxation management ability, internal management efficiency and tax management ability to assist China Southern Airlines to realize digital transformation.
