Larsen & Toubro, a globally recognized multinational conglomerate in technology, engineering, construction, manufacturing, and financial services, was facing operational challenges. The company's accounting unit relied on manual, time-intensive processes, using Excel, Datev, and SAP desktop applications to manage financial documentation, handling 50 transactions daily. This approach led to frequent errors and reduced productivity.
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 and generated impressive results.
