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.
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.
Managing 50 daily transactions with 10-minute Average Handling Time consumed substantial accounting team resources.
Multiple systems created data transfer bottlenecks, causing delays and increasing platform error risk.
Time-consuming manual handling of financial documents led to staff fatigue and inconsistent processing quality.
Sedin Technologies used Robotic Process Automation (RPA) to improve Larsen & Toubro's accounting processes, automating financial document handling across multiple systems with impressive results.
