Tata Projects’ Best in Class Accounts Payable Process, Empowered by Avaali
On behalf of Tata Projects, I am thrilled to express our sincere appreciation for Avaali’s exceptional expertise and services in automating our accounts payable process. This strategic collaboration underscores our commitment to leveraging cutting-edge technology to enhance our operational efficiency. We are already witnessing significant improvements in agility, visibility, and governance within our Accounts Payable operations. These advancements not only streamline our processes but also empower us to better serve our stakeholders and drive sustainable growth.” – Mandar Thakur Desai, Deputy Chief Information Officer-IT & ERP department, Tata Projects
Challenges and Opportunities
- Reducing Touchpoints: Streamlining the invoice processing workflow by minimizing steps and approvals, contributes to faster processing times while maintaining thorough verification and quality control.
- Volume Management: Efficiently handling a substantial volume of invoices (400,000 per year) to support robust capacity and resilient large-scale operations.
- Process Diversity: Tailoring operations to meet the specific needs and circumstances of diverse departmental processes, ensuring adaptability and a comprehensive approach.
- System Integration: Overcoming integration challenges to achieve seamless and cohesive system operations, enhancing overall efficiency.
- Operational Transparency: Opportunity to improve visibility into invoice status and accounts payable operations, aiming to enhance monitoring and informed decision-making.
Value-Driven Results
- Significant reduction in manual data entry, with decrease in invoice processing touch points.
- Transitioning from Oracle to a greenfield comprehensive ERP solution with SAP S/4 RISE.
- Seamless processing of 4 Lakh invoices per year with centralized dashboards and Fiori screens for optimal user interface experience.
- Enhanced visibility with 360-degree view of the AP operations.
- Harmonization of diverse processes on a unified platform.
Why Avaali?
- Avaali is a preferred partner for large enterprises worldwide in transforming Procure-to-Pay processes, thanks to its deep expertise and proven track record in executing over 200+ automation projects.