One of the top motion picture studios in Los Angeles contracted with Streamline Strategies to assist their Home Video Department with creating a JD Edwards One World customization for managing chargebacks and credits.
The department generates over $1 billion in revenues annually, so an automated data cleansing and auto-match system was developed to free analyst resources for other credit tasks.
The project, which was defined and managed by Streamline Strategies, Inc. launched early and under budget. An entire team of outsourced contractors who previously manually matched chargebacks and credits were either moved out of the department or on to other projects.
Another significant project with this studio involved streamlining their Cash Application system to include processing remittances using EDI, Excel uploads and OCR scanning.
This 3-month project enabled the Home Video Finance Department to reduce the cash posting timeline from 2 weeks to one day for most customers. Through OCR technology, all line item detail - which was previously too voluminous for data entry - can now be captured from the remittances.
Over the past couple of years, Streamline has automated the collection of ticket sales from box office reports from theaters all over the world utilizing multiple OCR systems. Hundreds of theaters were converted to OCR and hand-keying of box office data was virtually eliminated for most of the large theater chains.
OCR systems were installed in the UK, Brazil, Mexico, Russia, Germany & Spain.
Streamline Strategies, Inc. was featured in a cover story for Business Solutions magazine in January 2005 which detailed the theatrical box office system they created at one of the major motion picture studios. Their system resulted in significant time and cost savings for the studio.
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