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Capable of in-depth analysis and optimization of processes to enhance efficiency and accuracy

Automation

We enhance efficiency, achieve business process automation, optimization, and high scalability

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Shanghai Automotive Group Finance Co., Ltd.

Industry: Manufacturing
Area: China
Client: Shanghai Automotive Group Finance Co., Ltd.
Promote new changes in financial management
Optimize processes, control costs, and achieve efficient and refined management of financial operations

How to help your business succeed

Customer Introduction

SAIC Finance Co., Ltd. is a non-bank financial institution affiliated to SAIC Motor Group, established in Shanghai in April 1994 with a registered capital of RMB 15.38 billion. After years of sustained and rapid development, the company has formed three major business segments: auto finance, corporate finance, investment and financing, and has embarked on a path of integration of industry and finance of "innovation leads the future and harmonious co-creation of value".

In the field of auto finance, the company has cooperated with SAIC Volkswagen (including Volkswagen and Skoda brands), SAIC Passenger Vehicle (including Roewe and MG brands), Zhiji Automobile, Feifan Automobile, SAIC Audi, SAIC Maxus and other vehicle enterprises within the group, and its business has covered more than 3,600 dealers in more than 310 cities across the country.

Process details

Business pain points

A large number of repetitive financial operations

The business involves complex fund flows and diverse financial product portfolios

High labor costs

Business Highlights

Automated processes to enhance data accuracy

Real time monitoring to enhance financial transparency

Quick response, optimized decision support

Solution

Solution

In order to maintain market competitiveness, SAIC Finance has optimized processes and controlled costs through the automation of the i-Search, achieving efficient and refined management of financial operations.

Application scenarios

Automated import of financial vouchers

Several financial personnel from SAIC need to manually log in to the automotive finance settlement system at 8am every day, export TXT files of the previous day's "automotive finance" and payment settlement, manually import SAP financial system vouchers, verify whether the business data of the automotive finance settlement system is consistent with the imported ones, and finally check the success/failure status of the SAP financial system import. The automation of the entire operation process has been achieved through the use of RPA robots.

Automated procurement inquiry

RPA robots can automatically log into the procurement system, query the price agreement number and supplier number corresponding to the order number, and download the agreement contract. Subsequently, an RFQ (Request for Quotation) is automatically generated and submitted for approval. After approval, the inquiry, quotation, and price comparison processes are also automatically processed by robots.