Digital Transformation in the Finance and Accounting processes for a Fortune 500 Engineering Firm
Our client, world's largest publicly traded providers of technical, professional, and construction services faced major challenges in their project accounting work. Their processes were decentralised and this lack of standardisation led to inconsistency in invoicing & reconciliation process. They also faced complexities in employee expense reports and Project revenue realization.
Hexaware’s solution approach was focussed on deploying Robotics Process Automation across various identified process to ensure digital transformation in their Finance and Accounting processes.
Key benefits delivered to the client are:
33% reduction in yearly Cost of Operations delivered
30% productivity & efficiency improvements leveraging industry best practices
86% throughput improvement through Automation
Consistently maintaining 100% accuracy levels
Download the case study to know how Hexaware deployed RPA across various Finance and Accounting processes to ensure standardization while maintaining 100% accuracy levels.
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