How Sedin Technologies Helped Reduce Manual Efforts by 85% with Error-free Document Management at Larsen & Toubro
The Beginning
Larsen & Toubro, a globally recognized multinational conglomerate spanning technology, engineering, construction, manufacturing, and financial services, faced operational challenges. The company's accounting unit relied on manual, time-intensive processes for managing financial documentation, handling 50 transactions daily with an Average Handling Time of 10 minutes per transaction. This approach led to frequent errors and reduced productivity as staff worked across Excel, Datev, and SAP desktop applications.
The Discovery
Sedin Technologies analyzed L&T's import and export processes, mapping workflows to find inefficiencies and error points. The team identified ways to streamline back-office operations, improve the accounting unit's efficiency, enhance financial data accuracy, and cut down manual work. By refining accounting processes and removing manual steps, Sedin could help L&T lower operational costs while making processes more responsive.
The Hurdles & The Leaps
Repetitive back-office processes
Hurdle
Managing 50 daily transactions with 10-minute Average Handling Time consumed substantial accounting team resources.
Data transfer bottlenecks
Hurdle
Multiple systems created data transfer bottlenecks, causing delays and increasing platform error risk.
Manual document management
Hurdle
Time-consuming manual handling of financial documents led to staff fatigue and inconsistent processing quality.
The Transformation
Sedin Technologies used Robotic Process Automation (RPA) to improve Larsen & Toubro's accounting processes, automating financial document handling across multiple systems with impressive results.
Technologies
