Overview
Nufarm is a market leader in agricultural chemicals, renowned for providing high-quality solutions for crop protection and precision agriculture. Their commitment to innovation and excellence has positioned them at the forefront of the industry.
Problem
Nufarm’s finance and procurement operations depended on manual, repetitive processes that were slow to run and difficult to oversee, with limited scope to scale automation without significant implementation cost.
- Manual, error-prone finance period close processes
- Time-consuming supplier and invoice creation workflows
- Limited visibility and control over repetitive finance operations
Supplier and invoice creation workflows were time-consuming, and the team had limited visibility and control over repetitive finance operations.
Approach
WinfoBots was rolled out in phases across finance and procurement, automating period close first and then extending into supplier, invoice and master data processes.
- Phases 1–2: automated inventory and finance period end close processes
- Phases 3–4: streamlined supplier and invoice creation, price maintenance and AR invoice generation
- Phase 5: automated daily FX rate updates and item creation
The platform provided pre-built automation for Oracle ERP processes, a command centre for real-time bot monitoring, AI-powered document parsing with multilingual support, and a dashboard for audit trails and analytics.
Outcome
Automation delivered a 12.5% daily effort reduction through central accounting team efficiency, with over 2,600 monthly steps automated in the finance close and up to 70% time savings across automated processes.
“We have seen benefits in productivity, error handling, reduction in support tickets, and the business is able to focus on other priorities. The transformation has been very widely appreciated across the organisation and we are now expanding our scope to automate other areas.” — Ajay Thaker, Business Process Analyst, Nufarm
Before vs After
The Difference Automation Makes
Manual Process
- Manual finance period close
- Slow supplier and invoice creation
- Little visibility over repetitive work
- Automation seen as costly to scale
Automated Workflow
- 2,600+ monthly steps automated
- 60% faster vendor creation
- 80% better invoice creation efficiency
- Up to 70% time savings overall