Client : Multinational Specialty Chemical Company
Service Offered : Finance and Accounting
Sector / Industry : Chemicals
A multinational specialty chemical company that supplies to the building and motor vehicle industry, headquartered in Switzerland, was facing challenges in its Accounts Receivable (AR) process, impacting operational efficiency and customer satisfaction.
Nexdigm tackled the client's Accounts Receivable challenges with a holistic approach aimed at optimizing efficiency and accuracy. Conducting a thorough background analysis, we meticulously mapped existing processes, infrastructure, and performance metrics to identify areas for improvement. Prioritizing time management, accuracy, and productivity considerations, we crafted a tailored solution focused on automation. Leveraging robotic process automation (RPA) software bots, we designed and implemented a streamlined cash application process. This solution not only reduced manual effort and processing time but also enhanced accuracy and real-time tracking capabilities. By automating repetitive tasks and standardizing processes, we empowered the client to meet SLAs consistently while freeing up resources to focus on value-added activities and customer query resolution. Ultimately, our solution drove tangible improvements in operational performance and customer satisfaction for the specialty chemical company in the APAC regions.
Nexdigm's tailored solution not only addressed the client's immediate challenges but also laid the foundation for long-term efficiency and scalability in their Accounts Receivable process.