Harris Teeter Improves Process Efficiency with Digital Business Automation
Harris Teeter, a wholly-owned subsidiary of The Kroger Co., was co-founded in 1960 by North Carolina grocers W.T. Harris and
Blue Star’s Entire Accounts Payables Improves by 33% with P2P Process Re-engineering
Blue Star is India‘s leading air conditioning and commercial refrigeration company with a network of 32 offices, five modern manufacturing facilities, and 2900 channel partners. Blue Star is In
Services
web-based workflow systemFinat
Platforms
Business Intelligence tool,TruBI,systemFinato
Result 1
33 %
Improvement in Invoice processing time from 45 day
Result 2
98 %
Payment requests processed within TAT
Project Overview
Blue Star is India‘s leading air conditioning and commercial refrigeration company with a network of 32 offices, five modern manufacturing facilities, and 2900 channel partners. Blue Star is India’s second largest homegrown player in the air conditioning space
Project Execution
Challenges
Being a multi-business organization, Blue Star has seven different businesses, each having a distinct procurement and P2P process, which made it difficult for them to keep track of the invoices and efficiently process them.
The entire invoice processing cycle being carried out manually led to a lot of rework and multiple errors.
Blue Star was also facing scalability challenges, and the productivity was not measurable, which led to the high cost of fulfillment. Blue Star wanted to improve the efficiency of its accounts payables operations by automating the entire process with RPA and workflow automation.
Project Results
Solution
Blue Star selected Openway as their partner in their digital finance and accounting journey and consulted Openway for streamlining the existing processes.
Openway experts studied and analyzed the existing processes and infrastructure of Blue Star’s accounts payables process and implemented a vendor portal for Blue Star to cater to the underlying accounts payable processes by bringing the suppliers under one umbrella and increasing and improving the interaction between Blue Star and it’s suppliers.
Openway implemented RPA tool, TruBot to automate the validation and indexing of invoices, web-based workflow systemFinato for auto movement of invoices, and Business Intelligence tool, TruBI for data visualization.
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