Poplar HARCA find a more efficient way of processing their invoices using automation
Background
Based in East London, Poplar HARCA are an award-winning Housing and Regeneration Community Association.
Challenge
The finance team needed to find a more efficient and faster way of processing 2,500 invoices a month from approximately 80+ different local contractors and tradespeople, who were servicing 10,000 homes. The sheer volume and scale of managing this was taking up a significant amount of processing time for the Finance Team, leading to bottlenecks, errors, and payment delays.
The team were looking to reduce time, effort, and errors associated with high-volume, manual business processing.
Solution
The Nexbotix solution combined intelligent software bots to extract, process, and move the invoice data from the source to the required destination, with the Nexbotix Intelligent Automation Hub (NIAH), the management SaaS platform, giving the end users everything they needed to manage the automation, including data and insights, reviewing the extracted data and approving the bots work in real-time.
ROI/Benefits
“Automating the business process around invoicing reduces the wastage of our talented resources and allows us to redirect the team and their time to more efficient tasks.”
Marcus, Deputy Director – Data and Technology
