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
Openway helps UTI Mutual Fund in their Digital Transformation Journey
UTI Mutual Fund is one of India's biggest Mutual Fund companies and seventh largest asset Management Company in terms of mutual fund QAAUM with more than 11 million live folios
Services
digital transformation,
Platforms
OpenText
Result 1
20 K
Transactions
Result 2
Track
Real-time tracking
Project Overview
UTI Mutual Fund is one of India’s biggest Mutual Fund companies and seventh largest asset Management Company in terms of mutual fund QAAUM with more than 11 million live folios
Project Execution
Challenges
UTI Mutual Fund has a footprint of 160 locations across India with approvers spread in different states. The entire operations of the client were carried out on paper which resulted in delays and reduction in efficiency.
The increasing number of physical paper documents resulted in adding cost to the organization and consumed physical storage spaces in offices across the country.
UTI Mutual Fund wanted to digitize the entire process of document management and create a paperless office, wherein the documents could be accessed digitally and remotely by the employees.
Project Results
Solution
UTI Mutual Fund chose Datamatics as their partner in their digital transformation journey.
Openway implemented its digital workplace solution using OpenText to digitize the documents and the processing of documents in two key processes (Decision & Approval Process and Payment Process).
The digital workplace solution implemented by Openway increased transparency within UTI across all the locations which led to agility in the decision-making process. The solution also digitized the payments of over 20,000 transactions that were carried out by integrating payments to the ERP across various locations.
More case studies
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
Modern Business newsletter
Monthly insights to help your business act as if on intuition.
Serving in 69+ Countries for web, software and mobile app development. Client Base : United States, United Kingdom,Singapore, Kenya, South Africa, Germany, Canada, Australia, Netherlands, Norway, United Arab Emirates , Finland, New Zealand, Costa Rica, Denmark, Switzerland, Jordan, Greece etc.
