Case Study: Nufarm boosts finance and procurement efficiency with WinfoBots

Nufarm cuts finance close effort by 12.5% with Winfo Solutions

Nufarm, a market leader in agricultural chemicals, faced challenges with manual, error-prone finance and procurement operations that were slow and difficult to oversee. Their processes, including the finance period close and supplier invoice creation, were limited in their ability to scale automation without significant cost. To address this, they partnered with Winfo Solutions to implement the WinfoBots automation platform.

Winfo Solutions rolled out its WinfoBots platform in phases, automating key processes like the finance period close, supplier creation, and invoice generation. The solution provided pre-built automation for Oracle ERP, real-time bot monitoring, and AI-powered document parsing. This implementation automated over 2,600 monthly steps in the finance close alone, leading to an 80% improvement in invoice creation efficiency, a 60% reduction in vendor creation time, and overall time savings of up to 70%.

Nufarm