Procure to-pay (p2 p) process automation with nividous rpa bots
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A leading telecommunication company faced challenges with a manual site procurement and vendor payment process that was error-prone and time-intensive. Nividous implemented a standardized automated system using RPA to streamline the process, resulting in a 35% reduction in the PR/PO cycle and a 90% decrease in paperwork. The automation improved efficiency and provided enhanced visibility for both internal users and suppliers.
Procure to-pay (p2 p) process automation with nividous rpa bots
- 1. +91 (22) 2605-4583 This customer is a leading telecommunication company delivering large-scale telecommunications infrastructures, technology development, and licensing services. The customer is also among the world's largest network equipment manufacturers. Organization Challenges The process for site procurement and vendor payment was highly manual, time-intensive, and error-prone. The customer uses SAP for its site procurement process that required users to manually generate and update various information related to SAP lacked a standardized format to store such data. Both the internal users and external parties had to navigate through multiple discrete systems to access information. The users had limited visibility into critical operations due to an Inefficient process flow. Solution Benefits Reduction in PR/PO cycle 35% Reduction in paperwork 90% Information view 360O Nividous first standardized the end-to-end process within the SAP system to enable enhanced process visibility. Further, a set of RPA eligible operations were automated to eliminate manual work and third-party access to the legacy system. The process is now 100% secure and error-free. Nividous RPA Bots performed outlook, excel, and web automation to reduce the average process handling time to 35%. Automated Purchase Processing: Automated Purchase Order Generation: Payment Processing: site allotment to vendors, approval or changes to the allocation, purchase order creation, getting status updates of jobs, collecting progress reports, and managing invoicing. RPA Bot sends notification and processes vendor quotations from an email response Purchase Requests grouped by items, delivery region, and vendor suppliers to improve efficiency and save cost RPA Bot updates Purchase Order line items in SAP without manual intervention Fulfillment notes in email response as MS Excel attachment are captured and updated to BPM by the RPA Bot Reduced human errors and delays for timely decisions of vendor selection RPA Bot receives invoices, extracts information, and updates BPM for payment processing Performance Dashboard for insights Improved efficiency for the approval process Suppliers have enhanced visibility into order and payment status contactus@nividous.com www.nividous.com For more information on how telecom organizations use Nividous platform visit: https://nividous.com/case-studies#telecom Procure-to-Pay Process Automation with Nividous RPA Bots Allowed for Reduced Paperwork by 90%