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About the Client
WEGMANN automotive is a world market leader in the manufacturing of wheel balance weights, air control products and battery bushing terminals. They partner with most of the worlds renowned automotive OE manufacturers as well as major spare parts distribution companies across the globe. Today, their products can be found installed on two-thirds of the world's vehicles.
Location
Murfreesboro, Tennessee
WEGMANN automotive, a leading supplier of automotive components, partners with Naviant to implement ABBYY Vantage as an efficient solution to streamline their document processing workflows for invoices, orders, and commercial invoices.
The Challenge
The automotive parts industry involves complex supply chains and diverse document types, making manual document processing time-consuming and error-prone. WEGMANN automotive faced challenges in accurately and swiftly handling invoices, orders, and commercial invoices. The need for a solution was evident due to:
- High Document Volume: WEGMANN automotive dealt with a significant volume of documents daily, leading to processing bottlenecks.
- Document Variety: Invoices, orders, and commercial invoices varied in structure, format, and content, making automation challenging.
- Manual Errors: Manual data entry resulted in errors, leading to delays, compliance issues, and increased operational costs.
The Solution: ABBYY Vantage AP & AR Automation
WEGMANN automotive opted for ABBYY Intelligent Document Processing (IDP) to address their
document processing challenges comprehensively.
1. ABBYY FlexiCapture Implementation:
a. Document Definition: Tailored Document Definitions were configured for each document type,
allowing the system to intelligently extract relevant information.
b. FlexiLayouts: Advanced FlexiLayouts were employed to accommodate the diverse layouts of
invoices, orders, and commercial invoices.
2. Integration with Existing Systems: ABBYY IDP seamlessly integrated with WEGMANN
automotive’s SAP system creating a unified document processing ecosystem.
3. Workflow Automation: ABBYY IDP facilitated end-to-end automation, from document ingestion
to data validation, reducing the need for manual intervention.
VALUE
- Operational efficiency with streamlined document processing and automated workflows.
- Ability to adapt to additional Vendors and Customers without recreating additional processes or templates.
- Reduced manual intervention led to operational cost savings, allowing Wegmann automative to allocate resources strategically and improve customer satisfaction.
