- Consulting services
Contract-to-Cash Workflow Automation v1
Contract-to-cash workflow automation with streamlined operations across contract uploads, accrual postings, accrual reversals and invoice generation.
The solution automates the entire contract-to-cash workflow by leveraging Microsoft Power Platform components such as Power Automate, Power Apps, and Power BI, integrated with Azure services including Azure Logic Apps, Azure Functions, Azure SQL Database, and Azure Active Directory. This unified approach eliminates inefficiencies from manual processes, excessive human dependency, and fragmented systems in areas like contract uploads, accrual postings, reversals, and invoice generation. Contracts are uploaded through Power Automate and routed for validation, while Azure Functions and bots powered by Azure Automation monitor contracts, extract data, prepare journal entries, and submit them for approval. Once validated, entries are posted directly to ERP systems, with accrual reversals handled automatically at the start of each period. For invoicing, the bot generates draft invoices based on billing needs and integrates with SAP for automated posting after approval. Azure SQL Database ensures accurate and centralized data storage, Power BI delivers real-time visibility into contract and cash cycle metrics, and Azure AD enforces secure access controls. This end-to-end automation achieves an 80% reduction in manual processing time, enhances accuracy through automated validations, improves operational efficiency by freeing finance teams for strategic tasks, and offers scalable capabilities to manage increased contract volumes without proportional resource increases. Overall, it accelerates turnaround from contract signing to cash realization, making the financial function faster, smarter, more compliant, and resilient.