Robotic Process Automation (RPA) is a swiftly growing technology in the software segment. RPA is known for its main aspects of automating manual, back-office tasks. V-Soft worked with a multinational manufacturing company to manage their invoice inflow and outflow using RPA architecture. Learn more about this in the case study video above or the recap below.
The Daily Struggle of Manual Invoice Processing
With over 13,000 accounts and multiple vendors, the company provides sustainable energy and electrical solutions. The company was struggling with redundant and time-consuming tasks such as collecting and tracking invoices. It was tedious for the company to manage accounts payable as well. The entire process wasn’t efficient and was costly.
Streamlined Invoice and AP Management
V-Soft Labs developed a multi-bot, RPA architecture capable of managing invoice inflow and outflow. These bots can launch sites, login, navigate, and download data.
The bots also extract relevant information like service dates, account numbers, vendor names, and file names from the collected files to sort and escalate files and documents to employees via email or API call, as needed.
Saving Time and Resources with RPA
This effective automation solution allowed the company to process 13,000 accounts in less than 8 hours. It saved time, resources, and increased productivity by 42 percent.
The process minimized errors and operational risks resulting in improved overall service. The highly scalable multibot architecture also helped in reducing costs by 64 percent.
- Robotic Process Automation (RPA)
- Blue Prism
- C- Sharp
V-Soft is helping businesses every day meet their automation goals and save resources to increase the bottom line. If you’re interested in learning more about this software-oriented solution or understand how our team at V-Soft Labs can help and automate your business, visit www.vsoftlabs.com.