Case Study
30% rework reduction with a Source-to-Pay (S2P) automation solution for a global chemical company
- Industry: Chemicals
This global company is one of the largest in the plastics, chemicals, and refining industries. It is publicly traded and features on the Fortune Global 500 list. The company has a presence in over 100 countries and multiple manufacturing sites across continents.
Challenge
- Inefficient source-to-pay (S2P) processes
- Low compliance rates
- High levels of rework and manual intervention
Solution
Enabled a data-driven approach to re-engineer the source-to-pay (S2P) process. Leveraged process mining techniques and automation expertise to identify inefficiencies, improve compliance, and reduce rework. This approach fosters continuous innovation and improvement in the S2P process.
Tech stack
Outcome
55%
Improvement in process compliance
30%
Reduction in rework
13%
Efficiency gain in the source-to-pay process
Business impact