Case Study: SmartMatch

INDUSTRY
Medical Distribution
Challenge
The client needed a solution that could merge their data sets smoothly, reduce the amount of resources being wasted, and minimize the overall level of error.
Solution
ProfitOptics implemented their specialized SmartMatch solution to automate their manual matching and to significantly decrease the error rates produced by the process.
RESULTS
30 DAY PROCESS → 3 DAY PROCESS
50+ PEOPLE → 1 PERSON
ERROR RATE < .05%
300x INCREASE IN EFFICIENCY
The ProfitOptics SmartMatch module is a definitive game changer. Dozens of departments now rely on the output generated by SmartMatch to accurately communicate with our trading partners worldwide.
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LEAD ANALYST
THE CHALLENGE
The client was required to maintain highly accurate data records with 10+ trading partners in order to successfully develop business partnerships. Their current process for merging data sets that was not ideal for their business. The process was requiring 50+ people, took too much time to manage, and resulted in high error rates. The production of many of duplicates, missing matches, and bad matches resulted in excessive amounts of waste in the form of time and resources.

The client needed a solution that could merge their data sets smoothly, reduce the amount of resources being wasted, and minimize the overall level of error.
THE SOLUTION
ProfitOptics implemented their specialized SmartMatch solution to automate their manual matching and to significantly decrease the error rates produced by the process. SmartMatch uses a variety of mathematical algorithms to perform trillions of atomic operations across extremely large data sets in a matter of hours to produce potential matches at various levels of confidence.

One of the most important components of this solution is the user interface that allows the client to work through the potential matches both quickly and efficiently. This directly affects other operations, such as pricing and rebates, that need accurate data to operate, further adding value to the business.
THE RESULTS
30 DAY
PROCESS
3 DAY
PROCESS
300x
INCREASE IN EFFICIENCY
50+
PEOPLE
1
PERSON
<.05%
ERROR
RATE