Case Study: Asian Paints achieves 90% faster vendor payment processing with Nanonets

Asian Paints automates vendor payments with Nanonets, cutting processing time 90%

Asian Paints, Asia's third-largest paint manufacturer, faced a challenge in manually processing purchase orders, invoices, and other documents from its vast network of over 22,000 vendors. This manual system consumed approximately 192 team hours per month, introduced errors, and caused payment delays. To solve this, they implemented an autonomous AI agent from Nanonets for vendor payment automation.

The Nanonets solution automated the entire accounts payable workflow, using AI agents to classify documents, extract data, reconcile against purchase orders, and import the records directly into SAP. This resulted in a 90% reduction in processing time, cutting it from 5 minutes to roughly 30 seconds per document. The automation saved 192 person-hours monthly, eliminated manual data entry, and extended seamless processing to all 22,000+ vendors.

Asian Paints