Automotive

Case Studies

Automating critical financial processes

100%
Automation

Business Challenge

The Finance team of a leading Automotive industry in Australia had the following challenges while processing incoming Shipment Invoices:

  • Consolidation of data from multiple manufacturing plants for payments was laborious and repetitive
  • Oversights due to human interactions
  • High cost of operations
  • Persistence of data into spreadsheets resulted in redundancy across the network

Business Objectives

To implement a seamless solution with minimum impact to the existing processes with the following objectives:

  • Reduce the burden on employees to learn new tools and technologies
  • Reduce operational cost by decreasing resources needed for manual processes
  • Improve staff productivity by reducing monotonous tasks
  • Provide faster reports to management with facility to quickly access past reports

Solution

GenAOS platform has been used to digitize the Shipment Invoices processes to achieve the set objectives. GenAOS Buddies have been deployed to perform the following activities:

  • Process shipment notification document coming from multiple manufacturing plants located in different countries across the globe by simply dropping the shipment notification document to a folder.
  • Identify the shipment source and process the shipment document accordingly.
  • Identify the relevant invoice and insurance detail pages from this multi-page shipment notification document and extract the relevant information from these pages using OCR technology.
  • Routing all the exceptions occurred during data extraction to human agents and allow them to clean-up the data where necessary.
  • Verify the invoice amount against corresponding insurance details and raise exceptions for human agents to clarify the differences.
  • Modeling the unstructured data and persisting into Database with facility to see the reports per shipment notification based on shipment source.

Client Testimonial

"The GenAOS platform has transformed our shipment invoice processing. With automated document handling and OCR technology, we've eliminated manual data entry and significantly improved operational efficiency."

Key Results

100%

Automation

Of invoice processing

OCR

Technology

For data extraction

Global

Processing

Multiple plants worldwide

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About GenAOS

We provide GenAOS solutions that integrate seamlessly with your existing systems to streamline processes and improve efficiency.

Process Overview

1

Shipment document processing

2

OCR data extraction

3

Verification & validation

4

Database integration