A client managing inter-company functions for over 300 global entities relied on fully manual processes that consumed about 16,000 hours annually, with critical end-of-month reconciliation and forecasting tasks causing delays. Conduent introduced standardization with a new reconciliation template, automation to replace manual steps, and consolidation of forecasting and proposal processes. End-to-end automation with bots enabled streamlined report extraction. The transformation saved 7,284 man-hours annually, cut mismatch analysis and resolution time by 35 percent, and delivered a 79 percent efficiency gain, significantly improving global finance operations.

Join for free to read