A global automotive systems and components manufacturer faced challenges in Invoice Processing due to high volume, manual data entry errors, and slow approval workflows, leading to delays and financial inaccuracies. Duplicate or fraudulent invoices, compliance issues, and lack of real-time visibility further complicate operations. Integration challenges with ERP and accounting systems create reconciliation issues, impacting cash flow management. The resource intensive manual process reduces productivity, affecting supplier relationships and overall efficiency.
ROX Hi-Tech’s team collaborated with the client’s Finance team to streamline and automate the invoice processing workflow. By introducing an Intelligent Digital Worker, OCR technology was used to extract invoice data and seamlessly post it to SAP,minimizing manual intervention. Automated alerts kept production and management teams informed about pending payments due to missing approvals or quality checks. Finally, automating the payment process enabled the processing of hundreds of invoices within minutes instead of days, improving vendor relationships and enhancing process visibility.
