Hyperautomation for Sustainable Operations: Saving 75% of Processing Time for a Global Oil & Gas Company with RPA & IDP/ OCR
With sustainability high on the corporate agenda, utilizing technology to minimize environmental impacts has become a popular strategy for global businesses. Determined to limit their energy consumption in day-to-day business, our client, a global oil & gas company headquartered in the United Arab Emirates, has partnered with FPT Software to hyperautomate their time-consuming, labor-intensive invoice validation process. Working with hundreds of partners, the company faced the challenge of processing as many as 10,000 invoices annually that come in different formats and templates with 25 various data fields, making the process of collecting, extracting, and matching data a troublesome task. Given the complexity, FPT Software has deployed top-notch technology such as Robotic Process Automation (RPA) and Intelligent Document Processing (IDP) for enhanced accuracy and helped the client achieve a whopping 75% reduction in processing time.
Operation Optimization for Growth Amidst Difficulties: How a Leading Payment Service Provider Saved 30% Effort with Hyperautomation
Amidst a challenging business landscape, operation optimization has become a strategic priority for global companies. Attempting to navigate the current economic difficulties, our client, a global payment service provider headquartered in the US, has turned to FPT Software to optimize operations by hyperautomating their complicated HR processes, including recruitment processing and payroll data validation. Utilizing top-notch technology, including Robotic Process Automation (RPA), Processing Mining, and Business Process Management (BPM), the client managed to achieve significant time and cost savings, optimizing up to 20% of their end-to-end recruitment cycle and achieving a 30% reduction in processing effort. The company also successfully unlocked other valuable benefits, including better resource allocation and strengthened brand reputation.
RPA & IDP/OCR for an 88% Processing Time Reduction: Hyperautomate the Credit Approval Process for a Global Trading Company
The client is a Europe-based subsidiary of one of the largest general trading companies worldwide. Specializing in providing loans to agriculture companies, the company faces the challenges of dealing with an enormous amount of data in different formats, making the process of scanning and evaluating its clients’ performances a labor-intensive and time-consuming task. To enhance customer experience and employee productivity, the client has turned to FPT Software to automate parts of their credit approval process, utilizing top-notch technology, including Robotic Process Automation (RPA) and Intelligent Document Processing (IDP). The solution has brought tangible business values for the client, including significant time and cost savings, enhanced customer experience, and improved accuracy and consistency. Given the benefits, the solution has been successfully scaled across the company’s 10 other European offices, such as Germany, France, and Hungary.
Powering Growth: Digital Transformation Through Technology, Digital and Analytics
In today's rapidly evolving business landscape, technology advancements are driving significant changes. To remain relevant and gain a competitive edge, it is crucial for the client to adapt. This entails addressing challenges posed by their legacy system and architecture that can no longer adapt to new technologies and business requirements. Furthermore, the client was having a data fragmentation issue that led to incomplete and disconnected information, hindering comprehensive analysis, decision-making, and efficient resolution of customer needs. Lastly, there was a dire need for a highly skilled and motivated workforce – capable of delivering consistent, efficient, and streamlined interconnected services. Acknowledging the need for digital transformation, the client made the strategic decision to engage FPT Software as their trusted partner to address and overcome the aforementioned challenges.
