Client Overview
- American multinational luxury fashion holding company
- First New York based house of modern luxury lifestyle brands
- Operations & Sales - Retail and outlet stores | E-commerce websites
- Product range – Footwear | Wearables | Jewellery | Travel Bags | Sun wear | Watches | Fragrance
Business Need
To improve the lease accounting processes by
- Comparing monthly prepaid rent/variables posting with the matching fiscal month invoice and re-class the difference to P&L (SAP)
Automating the variance/exception reporting between the POS data and SAP
- To automate reporting between workplace management systems
Key Features
- 4 FTEs work reduced to 1 BOT
- Technology used - UiPath ( Orchestrator & Dispatcher)
- Applications automated - POS, SAP, Excel, Exchange
Benefits
- Reduced time to process from 60 hrs to 3 hrs
- Number of bots after automation - 1
- Number of process per month - 2