How VendorVALIDATE cleaned 28,000+ vendor records, eliminated 3,000+ duplicates, and reduced manual processing by 45% for a Canadian energy company
Challenges
- Incomplete Records
- Lack of Standardization
- Inaccurate Data
- Duplicate Records
- Poor Communication
- Manual Processes
- System Integration Issues
Objectives
- Normalize and standardize 28,000+ vendor records
- Eliminate duplicate supplier records to reduce costs
- Establish data governance framework
- Improve automation capabilities
- Reduce manual intervention in procurement processes
- Enhance supplier communication and validation processes
- Integrate clean data into Oracle Cloud ERP system
- Implement sustainable data stewardship
The Situation
A major energy company headquartered in Canada, was managing over 28,000+ vendors with severe quality issues with supplier master data.
Their supplier records suffered from systemic data quality issues that were hindering automation, requiring excessive manual intervention, and creating significant inefficiencies in procurement and payment processes. The company lacked established data governance frameworks and had no reliable process for maintaining data integrity across multiple systems.
