Perfecting the digital blend for Australia’s leading food & beverage manufacturer

The Group’s finance team was using multiple applications for the same function resulting in a lack of integration. It also compelled the finance team to spend endless hours extracting data from disparate systems. This led to overall inefficiencies as the finance team had to engage in the manual extraction of information and preparation of reports.

With RPA technology, the manufacturer could look to partially or fully automate activities that are manual, or time-consuming. Following the identification of rules-based, repetitive areas that can be automated in the finance function including accounts receivable, accounts payable, costing, general ledger and reporting, and fixed assets; Fortude assigned a digital workforce to undertake a range of tasks within each of the areas to ensure that the finance function flows seamlessly.

RPA in the finance function enabled,

• A boost in the accuracy rates of processing to 99%
• The customer operates 24*7, whilst the bots work during holidays and early mornings
• Time freed up for business users from repetitive work, resulting in happy people doing meaningful work.
• Extraction of claim details from various PDF Claim Files with precision and accuracy
• Ability to share reports with a set of recipients daily via email