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Procure-to-pay for a leading plastic goods manufacturer in UAE.

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Procure-to-pay for a leading plastic goods manufacturer in UAE.

Challenge
o One of the most time-consuming part of the Procure to Pay process is the first step of inviting quotes from multiple vendors, comparing them, and finalizing the preferred vendor
o Since the process is manual, often, it is driven by human judgment in spite of a large vendor database available for perusal. It is also cumbersome to compare quotes from multiple vendors across multiple categories manually
o Also, once the goods arrive, employee has to manually validate the purchase order/GRN/invoice details to confirm the particulars of goods received

Solution
o The bot scrapes the existing vendor database for the category of items to be procured and captures top 5 vendor details.It sends a request for quotation to the shortlisted vendors
o The bot scrapes the existing vendor database for the category of items to be procured and captures top 5 vendor details. It sends a request for quotation to the shortlisted vendors
o Post successful validation, bot emails the account team to process the invoice

Benefits
o Process free from human judgment
o Annual cost savings
o ~80-100 Man hours saved every month
o Error-free output

For more details on Robotic Process Automation(RPA), contact us today at info@finessedirect.com

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