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Cloud-based and Intelligent Automation-led Finance Transformation for a leading US food distributor & grocery store retailer

Cloud-based and Intelligent Automation-led Finance Transformation for a leading US food distributor & grocery store retailer

The client is a leading food distributor and grocery retailer headquartered in the US catering to customers across 44 states with footprints across Europe, Latin America and the Middle East with revenues over $8 billion and 12,000+ employees. The client wanted to identify a partner who had the domain and intelligent automation expertise to assess its existing Finance landscape; address existing challenges; suggest automation, best practices and enable deployment of the suggested transformation onsite at their own shared services.

Benefits Delivered The strategic partnership between the client and Hexaware infused a culture of automation adoption across the four distinct divisions. Key benefits from the engagement were:

  • Improvement in overall control & visibility through 60+ out of box reports across Accounts Payable
  • Overall 52+% Manual Effort reduction through Intelligent Automation across Accounts Payables, Accounts Receivables & Tax Compliance processes
  • Net savings of $ 5.9 Mn over a 5-year period
  • 80+% Straight Through Processing levels across Accounts Payable process
  • Elimination of manual invoice processing of 1.5 million invoices per year leveraging cognitive OCR & Hex Auto Invoice

Know how our Cloud-based, Intelligent Process Automation approach can lead to Finance Transformation in your organization.

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