TMK Robotizes Processing of Financial Documents at SinTZ
By Strategic Research Institute on Sep 16, 2021 09:17 am
Russian Pipe Metallurgical Company TMK and the Russian consulting company providing services in business process optimization and automation NFP have implemented a pilot project to automate the work with financial documents. A software robot RPA, Robotic Process Automation, made it possible to speed up the processing of financial documents by TMK’s Sinarsky Pipe Plant by 10 times. The robot, specially developed by NFP to automate accounting and treasury processes, took over the technical operation of reconciling acts with counterparties, which was previously performed by the company's employees. In the process of setting up the robot, a number of scenarios were developed: for working with e-mail and attached files of reconciliation acts, for recognizing documents in PDF and Microsoft Excel formats, as well as for generating the corresponding acts from SinTZ in the resource planning system (ERP) and reconciling calculations. The solution is capable of verifying acts in five scenarios, depending on the type of document.
The implementation of the robot financier confirmed the effectiveness of this technology, the automated reconciliation of acts takes about 3 minutes, while it takes up to 30 minutes of working time for a specialist.
SinTZ's financial documentation is processed at the TMK-Sinara unified Business Services Center CBU in Yekaterinburg, where the administrative services of TMK and Sinara Group are concentrated. At the moment, specialists from CBU TMK-Sinara are monitoring the robot's results of the reconciliation performed by the robot, but in the future, this control is planned to be eliminated.
Before starting the implementation, the NFP team took part in organizing the infrastructure for the RPA, providing support to TMK's IT Directorate. As part of this task, the requirements for the servers were described, on which were subsequently deployed for a comprehensive solution based on a multicomponent platform for robotic automation. The created infrastructure has become common for the TMK group and is able to form the basis for the forthcoming robotization of other enterprises of the holding.