90% time savings through automated finance processes

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Content

Key achievements

  • >Over 90% time savings in the billing process for service deliveries
  • Automated alerts for anomalies in reporting
  • Always-accessible customer cube as a foundation for planning and controlling

Background

Historically, there was no dedicated finance team in place, and processes were largely manual. It quickly became evident that a significant expansion of automation would be necessary to professionalize the finance function.

Support by FLEX Capital

FLEX Capital supported the initiative through a classic co-creation approach in the following areas:

  • Implementation of automated billing processes
  • Development of code to ensure automated consistency checks across multiple data sources (ERP, reporting, etc.)
  • Setup of a fully automated customer cube
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