Case Study: Stant achieves faster, error-free invoice processing with Automation Anywhere

Stant reduces invoice backlog from 3 weeks to 4 days with Automation Anywhere

Stant, a tier-1 automotive supplier, faced challenges with a high-effort and error-prone accounts payable process, which caused reporting delays and risks to supplier payments. To address this, they partnered with vendor Automation Anywhere and implemented its Agentic Process Automation System through a partnership with Thirdware.

Automation Anywhere's solution automated complex processes like invoice matching and data validation. This resulted in 80% of invoices being processed straight-through, 94% of targeted supplier invoices being processed, and zero data entry errors. The implementation reduced the invoice backlog from three weeks to just four days, simultaneously improving performance and efficiency for Stant.

Stant