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Products and platforms
TCS TAP™
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TAP™: A Cloud-based AI-powered Source-to-Pay Platform
TAP™ offers comprehensive support for your digital procurement processes, enhancing sourcing, contract management, purchasing, and supplier hub activities.
Related Insights
TCS showcased its cloud-based procurement solution that helps enterprises adopt intelligent automation & agile procurement for better buyer & seller experience.
Events
15 Jun 2022
Leverage technology and analytics to optimize procurement and tail spend management, reduce inefficiencies, and turn overlooked areas into strategic advantages.
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17 Apr 2025
Learn how generative AI-powered chatbots can handle complex queries, anticipate needs and drive efficiency, agility, and competitiveness in procurement.
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05 Feb 2025
Industry
Energy, Resources & Utilities
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Rebalance the energy equation
We work with energy, resources, and utility businesses to create a smart and sustainable future.
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Learn how TCS enabled EDF energy to adopt ServiceNow and supported the UK utility company's digital transformation initiatives to reduce operational costs.
Case Studies
25 May 2022
The paper discuses some of the technological advancements in IoT that are currently being used extensively in smart grid systems.
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15 Feb 2017
To ensure a sustainable future and achieve the net zero goals, UK utilities are transitioning to clean energy and a low-carbon economy. Read more.
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27 Jun 2022
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Challenge
OMV is a global energy and petrochemical company having operations across Europe, the Middle East, and APAC and running its shared services back office out of different locations globally.
Being an MNC operating in more than 30 countries, OMV faced many challenges related to automating their invoice management process.
The key improvements targeted by the client included:
- Automation increase
- Full coverage of complex, country specific business logic needs for invoice processing
- High invoice status visibility
- Automatic detection of duplicates and/or anomalies in invoices
Solution
TCS proposed its TAP™ Accounts Payable solution as the next-generation digital native platform with accounting services to enhance OMV’s invoice processing efficiency.
The project was divided into three phases with the first phase implemented within 8 weeks, helping the client realize faster time-to-value.
The key tenets of the solution included:
- Digitization of invoice data using TAP™ embedded intelligent OCR
- AI-based data model to patternize over 600 variations in business logic
- AI-based near-duplicate checks to protect against potential duplicate payments
- Role-based dashboards and strong reporting mechanism to track end-to-end accuracy and invoice traceability
- Seamless integration with OMV’s SAP system
Benefits
TAP™ digitized and transformed invoice data capture, data enrichment, data validation, and exception management with a robust and scalable accounts payable solution.
This end-to-end transformation powered by digital, AI, and cloud helped the company achieve quality, speed, innovation, savings, and sustainability.
TAP ™ Accounts Payable solution for OMVs invoice processing challenge.
The key tenets of the TAP Accounts Payable solution include inflow that could accept any invoice type, in any format, or from any geography. Next, invoice data can be digitized using TAP™ embedded intelligent OCR, business rules, and AI-enabled services. Lastly, the post and pay features can be used, comprised of the seamless integration of the data with OMV’s SAP system.
Swipe LeftSwipe RightSuccess through commitment, expertise and partnership.
Mathias Wiesflecker
OMV
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