Reconciliation Automation for Major Biopharma Firm
Learn how Aimpoint Digital's Dataiku-driven solution streamlined inventory reconciliation for a $22 billion biopharma firm, enhancing efficiency and accuracy across multiple third-party manufacturers.
The Challenge
A $20+ billion biopharma firm faced a labor-intensive challenge monthly: reconciling SAP inventory with data from third-party manufacturers. This manual process was error-prone, time-consuming, and delayed corporate financial month-end closings, taking two full business days per plant.
Our Approach
Our team automated the reconciliation of client SAP inventory with manual reports using a streamlined Dataiku workflow. Complex inventory matching rules were standardized into a user-friendly application, ensuring easy maintenance and scalability for over 20 third-party manufacturers. Now, non-technical users can easily interact with the workflow.
Results
All 20 third-party contract manufacturers now havean identical process.
Thanks to standardization, it’s easier than ever to identify patterns and institute changes if needed.
20+ FTEs involved in the formerly manual processcan focus their time on more important tasks.
Key Takeaways
Ultimately, automation empowers businesses to focus on innovation and growth, fostering a more agile and competitive edge in their industry.
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