How did a top 5 Automotive company win an award by automating several of their Vehicle Invoice Processes with NexBotix?
How did a top 5 Automotive company win an award by automating several of their Vehicle Invoice Processes with NexBotix?
10 minutes per invoice
£1.33 per invoice
8 full-time employees needed to run manual process
Costly manual process
faster than a human
per invoice
reduction of employee resource needed
reduction of annual process cost
10 minutes per invoice
£1.33 per invoice
8 full-time employees needed to run manual process
Costly manual process
Return on Investment
Reduction in Processing Time
Time Saved Per Annum
Straight Through Processin
This automotive client had 8 full time members of staff processing various vehicle invoice types across six distributed Finance Centres. All processes interacted with their Dealer Management System, Keyloop.
We were able to automate the full end-to-end process, with around 15% of Business Exceptions occurring. The automation used our NexBots, OCR and machine learning. The results?
The customer is now able to manage their automation via our NexBotix platform and runs weekly performance reports.
90% faster than a human
Our bot can now process an invoice in 60 seconds, compared to the average of 10 minutes per invoice when executed manually.
50% reduction of annual process cost
This process is saving the business over £160,00 a year
66p per invoice
The cost per invoice processed is now 66p compared to £1.33 when executed manually
88% reduction of employee resource needed
Only 1 full-time employee is needed to support the automation programme, rather than 8 full time employees to run the manual process.
Having the previous experience of working with our Dealer Management System, meant that the NexBotix team hit the ground running. A highly professional, responsive and customer focused team. A pleasure to work with.
Our team are on hand every step of the way to guide you through the process.
We will host a session with your team to gain a deep understanding of your systems and current process.
We'll build a clear ROI focussed business case outlining the time and money you will save with our Invoice Processing solution.
We'll happily build a pilot for you and your team to see how well the solution processes a specified number of invoices.
Our team will design, build and manage your automation and you will be assigned a dedicated Customer Success Manager who will be your main point of contact.
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