- Industry: Banking & Financial Services
- Service Pillar: Intelligent Automation & Quality → Automation
Executive Summary
A global shared services center managing accounts payable for multiple entities faced high invoice processing costs and frequent posting delays. Manual validation of vendor invoices and complex approval workflows slowed down operations and impacted on-time payments. Mindmap Technologies deployed intelligent bots to automate invoice ingestion, validation, and ERP posting—dramatically improving cycle time, accuracy, and cost efficiency.
Problem Overview
- Manual booking of MM trades from unstructured email instructions
- Frequent data entry errors and high operational backlog
- Dependence on multiple validation steps across different systems
- Compliance delays due to slow trade confirmation and booking
Our Solution
- Developed an RPA bot for end-to-end trade capture, validation, and booking
- Used natural language parsing to extract trade details from email instructions
- Integrated bot workflows with core trading and risk systems through secure APIs
- Implemented audit logging, exception handling, and four-eye approval mechanism
Technologies Used
UiPath, ABBYY, Python, SAP, SQL Server, Power BI
Key Outcomes
01
Increased trade processing capacity by 40% without additional headcount
02
Reduced booking errors to zero in production after stabilization phase
03
Achieved 80% reduction in trade booking turnaround time
04
Enhanced compliance adherence with fully auditable transaction logs