How a Consumer Durables Manufacturing MNC Re-engineered their P2P Process with Intelligent Automation

More often than not, accounts payable departments of large operations face unfortunate situations which becomes difficult to deal with. They face struggles like slow processing, matching errors, invoice duplicity, double payment, payment recovery, lack of visibility and inefficient reporting. These situations create a hectic work environment and brings down productivity and efficiency as a whole. AP is prone to human errors of this scale but totally avoidable with intelligent automation.

Blue Star, a 78 year old multi-business organization into global electronics manufacturing, faced the same issues in their AP department, especially with their procure-to-pay process. They have 7 different businesses, each having a distinct procurement and P2P process, which made it difficult for them to keep track of the invoices and efficiently process them.

Join us to learn from Blue Star’s Group CFO, Neeraj Basur how Blue Star revolutionized their entire AP function by re-re-engineering their P2P process with the help of intelligent workflow automation which comprised of RPA, IDP & AI/ML capabilities. Datamatics’ Executive VP & Global Head BPM Navin Gupta will speak on how leveraging intelligent automation can fuel growth in a company’s financial operations.

Jess Scheer
Editor, IOFM

Jess Scheer is an award-winning business reporter, covering the needs of financial operations professionals for more than two decades.

As IOFM’s executive editor, Jess is responsible for continually updating member content on IOFM.com, as well as building our certification and event agendas. He is a popular speaker, hosting dozens of webinars each year and keynoting IOFM’s conferences.

Navin Gupta
EVP & Head, BPM Services, Datamatics

Navin brings with him over 30 years of varied experience in the field of Project Management and Business Process Management, Delivery Management & incubating new practices and managing huge Enterprise Applications programs. Navin holds Master's degrees in Economics and a DBF from ICFAI. He is also trained in TQM and is Six Sigma Certified.

Neeraj Basur
Group CFO, Blue Star

Neeraj Basur has been working with Blue Star as their Group Chief Financial Officer, Company Secretary & Compliance Officer since the past 7 years. Neeraj is a business leader who specializes in finance. Multiple industry experience spanning more than three decades has shaped his exposure to diverse business dynamics. He has contributed as a Chief Financial Officer and Independent Director at reputed and renowned brands. His forte is designing and implementing best-in-class governance, enterprise risk management, and compliance frameworks across several business entities. He is a Charted Accountant, a Company Secretary and also a Certified Risk Professional.