Invoice Processing Through Robotic Process Automation (RPA)

The Challenge

Our client is a forward-looking company highly focused on Engineering, Procurement and Construction, headquartered in the Middle East. They have the largest fabrication yard and one of the largest fleets of offshore vehicles in the MENA region. The manual efforts on their invoice processing were tedious and humongous which propelled them to plan for automating the time-consuming processes.

Vertical
Energy

Practice
IoT & RPA

Inevitable

Human errors

Repetitive

Tasks in Invoice Processing

Increased

Operational Risk

Our Approach

We approached the client’s business challenges by designing and deploying an RPA robot that handles the entire task of invoice processing with virtually no human input. It extracts the invoice attachments from email and performs data entry tasks along with rule-based validation. Also, it accesses the invoice data from the Vendor Management System and effectively validates the actual invoice. With this RPA implementation, we automated the reconciliation of invoices with required control points, validations, and verifications.

Benefits

The client experienced a 95% reduction in the Turn-Around-Time. They understood that the implemented robot with 100% data accuracy, enables their employees to devote their time to activities that deliver immense value to the organization. They witnessed a 95% reduction in manual works resulted in human errors.

95%

Reduction in Turn around Time

95%

Reduction in Manual Efforts

100%

Data Accuracy

Why Inspirisys is the best RPA Service Provider?

We integrate RPA with state-of-the-art technologies such as Artificial Intelligence and Machine Learning to drive intelligent automation that ensures business transformation. Our highly-skilled automation engineers work with enterprises to map manual processes that are to be automated and develop a custom-designed framework. We help organizations to increase performance and productivity by incorporating Robotic Process Automation on repetitive tasks.