Key Challenges
Having large volumes of contracts and validating the details manually for renewal was costing the business a financial waste.
Some of the key challenges were:
- The bot reads emails and downloads vendor detail input sheets and templates.
- The bot generates the contracts in Word and updates the relevant details in the template.
- Bot convert contracts into PDFs and signed them digitally.
- The bot mails the contract to the vendor in a predefined mail format.
Automation Benefits
- Degree of robotization: 100% of effort automated.
- The rate of error decreased to 0%.
- The manual effort was reduced by less than 5%.
- Faster processing time
- Increase in the data security
- Increase in employee morale.