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TruBot Automates CFO Back Office Operations For A Large US Manufacturer

Client
A leading manufacturing company in the US

Challenges
The client received invoices from its multiple vendors and suppliers which were in an unstructured format and the purchase orders had to be matched with the invoices.

The entire process was carried out manually which resulted in multiple errors and increased the turnaround time. The client wanted the audit process and the entire accounts payables cycle to be automated with the least manual intervention.

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Solution

Datamatics implemented RPA Tool, TruBot to automate the entire accounts payables process.

TruBot is intelligent enough to read and extract the necessary information from the invoices without any template creation. the data is then auto-validated against the PO data, vendor master. In the case of a non-PO invoice, it is put in a workflow for approval.

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Impacts

RPA Improves Productivity & Reduced FTEs from 20 to 6

20 to 6

Reduction in FTEs

2x Volume of invoices processed - RPA Automates CFO Back Office Operations

2x

Volume of invoices processed with same amount of resources

Auto-validation & auto-payment process using RPA Solution - Case Study

Auto-payment

Process institutionalized ensuring back-filling is not required on attrition

Reduced TAT -  RPA Solutions Automates CFO Back Office Operations

Reduced TAT

With increase in accuracy by a tremendous amount

Customer’s Choice in Automation

TruBot enjoys high customer satisfaction among enterprises

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4.6/5

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4.7/5