A company from the Middle East region recently modernized the financials of its business through the implementation of the fully integrated Robotic Process Automation solution offered by Elicit Technology. This strategic step enabled them to gather all necessary information from account receivables with high precision and then transfer it to CargoWise One, an internationally known logistics software. As a result, there were far fewer manual errors made and company operations operated more efficiently overall.
Challenges Faced
Account receivables had always been a challenge for the organization because it was a time-consuming procedure that was prone to errors owing to human intervention. This was because data was frequently pulled manually and entered into their various financial systems, resulting in delays and inconsistencies that threatened the accuracy of their financial reports and choices. Furthermore, it was a time-consuming process that necessitated extensive legal work to be managed successfully.
The Solution
Realizing that their current method was inefficient and unreliable, the organization approached our integrated CargoWise RPA service. Our customized RPA was implemented after we devised a better way to extract essential data from their accounts receivable. The integration of automated processes to extract particular data and enter it into the CargoWise One platform was one of the features that was put into place.
This integration with CargoWise One is important to provide a complete end-to-end logistical and finance solution. This way, all of the financials were quickly and precisely pushed into the CargoWise One system, eliminating the possibility of manually entering inaccurate values.
Results
Reduced Manual Errors: The systematic use of automatic data gathering, and input methods greatly reduced the chances of errors and provided precision in financial data.
Increased Efficiency: The company had enhanced efficiency, where the RPA service significantly decreased the time, the company would ordinarily take to perform account receivables. This could help their finance team to be involved in more important and sophisticated tasks rather than being occupied with time-consuming manual work.
Seamless Integration: The use of the extracted data in CargoWise One was smooth and without any differences, thus allowing the company to receive accurate and timely financial data.
Conclusion
The Middle East company has adopted our RPA solution, and the company is now able to experience betterment in financial function with this solution. This integration with CargoWise One was enhanced since it was making its financial data always available and accurate to enable its business decisions. Therefore, the application of CargoWise in automating financial processes has been well illustrated in this case to show how it can fuel the success of the business.
Would you like to use our RPA solution to automate your logistics operations in CargoWise One? Then, contact Elicit Technology for further clarification.