Case Study: a global paints and coatings manufacturer achieves faster, more accurate accounts payable processing with Datamatics

Global Paints and Coatings Manufacturer cuts invoice processing time from 5 days to 3 with Datamatics

A global paints and coatings manufacturer faced significant challenges in its accounts payable process, burdened by the manual handling of over 350,000 invoices annually. This led to inefficiencies, errors, delays, and difficulties in tracking invoices across multiple geographies. Seeking to eliminate errors and improve efficiency, the company partnered with vendor Datamatics for an automation and process optimization solution.

Datamatics implemented its AI-powered Finato platform as a centralized system, alongside TruBot (RPA) to automate repetitive tasks and TruCap+ (IDP) for intelligent data capture. This solution provided real-time visibility into invoice processing. The results delivered by Datamatics included a 99.7% quality level and a reduction in invoice processing time from 5 days to just 3 days, achieving significant speed, accuracy, and cost savings.