Accounts Receivables Reduction

Accounts Receivables Reduction

Accounts Receivables Reduction
About company
United Engine Corporation is a Russian state-owned company responsible for production of engines for military and civil aviation and space exploration programs. 2It manufactures power turbines for electricity and heat generation, gas compressor units and marine gas-turbine units.
The problem
Every industrial enterprise usually expirienced one of the following problems related to accounts receivalbles management:
  • Assets don’t work
  • Problems with buyers
  • Unreliable clients
  • Misunderstanding of efficiency preventive work
  • Lack of a methodology for managing receivables
  • Departure of sales manager
Technical implementation
The core idea behind the solution is to divide debtors into several groups based on a a time left to the payment date specified in the contract. The robot script is executed as soon as the debt moves from one group to another. All documents arising during the work with the counterparty for each individual contract are placed in the archive.
The result
The result that had been achived after integration of the solution:
  1. Clear instructions and a set of templates for robots.
  2. Robots imitates the actions of a person performed by him on a computer. Knows how to work with Excel, Word, mail, files, etc.
  3. Robots are designed to automate routine, frequently repeated operations on a computer and provides processing of a large amount of data in a short time..
The solution
  • Reduction of receivables
  • Reducing the cost of managing receivables
  • Fundamental simplification of the receivables management process.
Customer United Engine Corporation