Case Study
UST SmartOps helped a pet food company automate accounts payable document processing, reduced operational costs 40%
CLIENT
Founded several decades ago, this pet food company offers a healthy, more nutritious alternative to typical cat and dog food. With a focus on real ingredients sourced from local farmers, the company is a pioneer in the fresh pet nutrition industry. The company employs nearly 1,000 people and generates more than $400 million in annual revenue.
CHALLENGE
Time-consuming, error-prone manual accounting processes
The company wanted to modernize document processing to reduce manual efforts and operational costs while improving efficiency in accounts payable (AP) processing.
TRANSFORMATION
Automate accounts payable processing with intelligent automation
By implementing UST SmartOps and UST SmartVision intelligent document processing (IDP) software, the company:
- Leveraged SmartVision's template-agnostic training to eliminate manual efforts in training new document formats
- Deployed intelligent automation for seamless integration with existing systems and a transaction-based pricing model
- Migrated from IQ Bot to SmartVision, retraining 400+ document templates across four different types in just eight weeks
- Integrated pre-packaged workflows for automated document routing and ERP data posting
- Introduced a human-in-the-loop (HITL) mechanism to enhance data accuracy and automate ERP data integration
IMPACT
Intelligent document processing cuts operational costs by 40%
The UST SmartVision solution delivered these significant business improvements:
- 100% reduction in training time—The AI-powered process automation solution eliminated the need for manual training efforts, enhancing operational agility.
- 40% reduction in operational costs—Streamlined processes reduced the dependency on manual interventions.
- 30% efficiency gain in AP document processing—Improved speed and accuracy in processing AP documents led to faster financial operations.
Experience streamlined document processing with UST SmartVision. Learn more today to explore how our IDP solutions can drive efficiency, reduce costs, and optimize your financial operations.
RESOURCES
https://www.ust.com/en/smartops