Wallet-to-Wallet Document Signing And Chat

Overview

The client is a blockchain development company based in the USA. The company specializes in developing new and emerging products in the Web 3.0 Ecosystem. They were involved in developing a complete social ecosystem based on DESO. Further, they also developed NFT based course management platform for different courses.

Automated PO to Invoice Processing for Manufacturing Giant

Overview

The client is a leading manufacturing group in India with a turnover of 37.89 Billion with an ascertained footprint in CHEMICALS, TEXTILES and CONSUMER PRODUCTS segments.

Business Need

The client needed a wallet based and secure document signing and chat platform with the following features

01

Interaction between users using Meta Mask Wallets

02

Send and receive messages, send images and video files

03

Upload documents for signing

04

Complete E-Sign infrastructure with the ability to draw your signature or upload your digital signatures

05

Generate a Web 3.0 Certificate with complete audit trail of the document signing process

06

Generate a Web 3.0 Certificate with complete audit trail for sending files , showing receipt and sending of files

Business Need

The client already had an SAP ERP in place, however, it was not able to manage some important issues with their vendors and their clients. Some of the important issues tackled were as follows :

01

The lengthy manual process of documents verification at different factory gates leading to large delays in material acquisition

02

Manual Processes encouraged large-scale pilferage, malpractices, material mishandling, and material loss leading to substantial revenue loss

03

Processes and checks were compromised via oversight or wilful practices leading to substandard qualities, order cancellations, client unrest and spiralling operational cost

04

The QA process was not well documented and properly monitored leading to budget overruns and sub-standard quality products being produced

05

Manual Invoice processing and the inability of a single interface for all order checkpoints resulted in wrong payments, erroneous invoice generation and mismatch of accounts

Solution Provided

AARCHIK Solutions was tasked with providing a complete E-sign utility using Web 3.0 wallets as the only means for security and communication interface using Solidity and ReactJS. The salient features of the solution were as follows :

01

Peer to Peer file exchange without much storage considerations

02

Storage was provided on firebase and IPFS based on user need

03

ReactJS Interface for the whole chat mechanism and files exchange mechanism

04

Large upload made possible with speeds of less than a minute for 1 GB of video files

05

Authentic Web 3.0 Certificates with complete audit trails for secure tracking and ensuring file sending is done in a secure manner

Solution Provided

AARCHIK Solutions was roped in to provide an automated PO to invoice solution based on Angular, Node and Python platforms and used Whatsapp bots extensively for the solution

01

Automatic Generation of E-Way Bills, Packing Slips and Royalty Certificates using Python

02

Bots help with the automatic upload of documents and information via Whatsapp

03

Integration with IoT based Weighing scales to capture gross, tare weight statistics

04

Automatic Generation of vouchers and daily reports based on data entered

05

Elaborate checks and balances for document uploads, process completion, account reconciliation

Benefits Provided

01

Peer to Peer file transfer with very less storage considerations

02

Very fast file transfer using compression and decompression scripts on the fly

03

Intuitive ReactJS Interface for chats and file sending

04

Complete E-Signing tool with options for signing with digital signatures , drawing your signatures or text signing

05

Send large files of more than 1 GB easily via chat

06

Additional security provided with metamask signatures

Benefits Provided

The automation solution was implemented at all factories and warehouses of the client across 12 cities in India and provided the following benefits

01

No of vehicles processed daily was increased by about 75%

02

Pilferage costs were reduced substantially

03

Manual Errors and operational issues were reduced by about 40%

04

Invoice Processing time was reduced by about 63% with the automatic generation and verification of invoices and vouchers

05

Document Processing and verification times were reduced by almost 98% and had almost 100% accuracy

Have A Query?

Do you need a detailed consultation or feasibility study for this topic? Or it maybe you just want to exchange views and thoughts on this topic. Do get in touch with us and we would be glad to share a cup of coffee together and discuss this topic together.

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Have A Query?

Do you need a detailed consultation or feasibility study for this topic? Or it maybe you just want to exchange views and thoughts on this topic. Do get in touch with us and we would be glad to share a cup of coffee together and discuss this topic together.

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