Asset tracking is a key business processes for many large enterprises and involves many partners operating independent systems, each with their own view of the asset. Blockchain is a perfect choice to solve the complexities of siloed systems by capturing the status of the asset throughout the life cycle as the asset moves from party to party in the supply chain. Learn how we collaborated with our client, a global IT services and solutions provider, in designing and implementing a blockchain based solution that has created a single source of truth for all partners across the supply chain.
Introduction of a Private Equity fund consists of numerous transactions between multiple stakeholders – Investment Advisors, Administrators, General Partners, Regulators, Limited Partners, Banks and others. The current administrative processes often involve multi-party off-line data sharing and duplicate data entries leading to non-transparent and lengthy settlement duration for each fund launch. Learn how we worked with a large IT service provider to leverage blockchain based technology to realize the goals of a US-based global financial services firm to improve the process.
Miracle Relief Collaboration League (MRCL), a non-governmental volunteer organization in the US, working for natural disaster relief efforts is using the power of blockchain technology to transform the relief efforts. The first phase of the new collaboration software platform, created in blockchain, has been honored by Stevie Awards with a 2019 Silver Medal International Business Award for Community Engagement.
Contract resource procurement in enterprises, from work order creation to approval of logged hours to invoicing, is a process involving multiple stakeholders and often results in additional overhead due to non-compliance, disputes and blocked invoices. Learn how we helped a global IT services firm to totally eliminate blocked invoices, automate invoice generation and reduce cost of invoice processing by 50% with a solution built on blockchain technology.
Powering Deep Analytics: An enterprise vendor contract data analytics solution
Our client, a global large technology major, embarked on building a common data platform that brings contract data from a variety of sources within an enterprise and helps in deriving deep analytics. Our client’s teams were facing the challenges of lower visibility and no timely reminders regarding contract/license status and key dates. Chainyard, as an extended team to our client’s team, was responsible to build data ingestion and text analytics solutions besides institutionalizing a new DevOps tool for all teams across may countries.
The new common enterprise data platform for contracts increased data availability, enhanced contract data intelligence, and ensured proactive actions at the right time.