Optimizing Financial Workflows: How Rock Solid Supply Company Uncovered Hidden Efficiencies

Overview

Rock Solid Supply Company is an Ontario-based mid-market manufacturer of bathroom vanities. They wanted to explore the implications of Artificial Intelligence (AI) on their operations, particularly to automate their Accounts Receivable (AR) processes.

Problem

• Manual AR: The company had a time-consuming, manual AR process that was a drain on resources.
• Operational Inefficiencies: The leadership suspected broader operational bottlenecks but had not clearly identified them.
• AI Exploration: The team had a limited understanding of how AI could be specifically applied to their business.

Solution

• As-Is Process Mapping: Conducted a comprehensive evaluation of existing AR processes, unearthing multiple avenues for improvement without AI intervention.
• ERP Upgrade Recommendations: Provided actionable insights for upgrading their Enterprise Resource Planning (ERP) systems for greater automation.

Outcome

• Immediate Efficiencies: Found hours worth of process improvements, reducing time spent on data entry and data capture.
• Strategic Planning: Provided Rock Solid Supply Company with a nuanced understanding of AI and its potential future role in their operations.