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Accounts receivable process automation using RPA

American Standard is one the North American manufacturers of kitchen and bathroom accessories.
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Their network includes dealers, retailers and specialty merchants to whom the invoices need to be sent for requesting payment. The company had been finding it tough to continue this accounts receivable process manually and wanted an automation to regulate the time consuming mundane task.

Business Challenge

  • Receiving emails from different business unit managers to generate invoice.
  • Raising invoices to large number of dealers, retailers and specialty merchants.
  • Every business unit manager will send the billing information in different formattemplate.
  • Human involvement leads to loss invoices generation at times, leading to unwanted financial loss.
  • Chances of human error while processing high volume of invoice generation.

How Avasoft Helped?

  • AVASOFT proposed the RPA Enabled Automated solution through which the invoice documents were sent and the log were also made in the CRM application.
  • As part of seamless process automation, AVASOFT created a structured template for the billing information and circulated the same to the business unit managers.
  • AVASOFT trained the bot to automate the process, which reads the billing information mails, sends the invoice to the respective entities and also logs the details into the CRM application.
  • Accounts department resources were finally relieved of the manual repeatable tasks.
  • Robots have the capability to work 5 times faster than a human resource.
  • If any discrepancies are found in any level of the process, the same would be escalated for human intervention.

Our Teck Stack

tool-uipath
Word
outlook
rpa-pdf
Excel
rpa-crm

Value Additions to Customer

  • Eliminates chances of human error by replacing the manual process of human activities by bot.
  • Usage of Bot resulted in overall increase in processing speed.
  • ROI is increased by 700% on improving the delivery standards along with consistent quality.
  • Employees can concentrate on executing valuable and creative tasks.
  • High quality service and secured process is achieved with accuracy in results.

Vertical Industry

  • Manufacturing Industries

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