Hindalco Automates Finance at Scale



Hindalco Industries Limited is the metals flagship company of the Aditya Birla Group. With a consolidated turnover of US$18.7 billion, Hindalco is an industry leader in aluminium and copper. In India, the company’s aluminium units across the country encompass the gamut of operations from bauxite mining, alumina refining, coal mining, captive power plants, and aluminium smelting to downstream rolling, extrusions, and foils. Today, Hindalco ranks among the global aluminium majors as an integrated producer, with a footprint in 9 countries outside India. Hindalco customers include key industry sectors like Building & Construction, Automotive, Packaging, Electrical, Consumer durables, Refractories, and Ceramics who purchase copper and aluminium items. Headquartered at Mumbai, Maharashtra, India. The company has annual sales of US$15 billion and employs around 20,000 people. It is listed in the Forbes Global 2000 at 895th rank.
Avaali Solutions (www.avaali.com) is a company that enables Enterprises to drive and deliver business results by leveraging digital technologies. Avaali has strengths in providing Enterprise Information Management (EIM), Enterprise Mobility and Internet of Things (IoT) solutions. Avaali’s advisory, consulting and implementation services has enabled enterprises to transform their business processes and engage better with their stakeholders including customers, employees, partners, vendors and shareholders.
The manual bank reconciliation process was time consuming and prone to human errors at Hindalco.
Manual reconciliation not only resulted in delay but also influencedless visibility on fund flow and financial control. There was a need timely accounting process for all recordings and transactions adhering to regulations.
There was need to automatically process the sales orders created, validating allocation for shipment, Lot allocation, delivery, shipment confirmation and generate invoice for shipping
Hindalco chose to partner with Avaali for the implementation of the UiPath RPA solution. Avaali conducted detailed workshops with key stakeholders from Hindalco to understand the current system and business processes, their pain points, requirements, and created a roadmap for implementation, transition and change management. The workshops also covered all the aspects of the proposed solution in detail to help Hindalco understand how they could leverage RPA to automate their multiple business processes. The Avaali team created a detailed blueprint document outlining the implementation scope.

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