Automating Accounts Payable for Renotech Building: A Success Story

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Industry

construction

Challenge

Tristan, the director of Renotech, faced significant challenges with manual data entry in their Buildertrend portal. The process was time-consuming, prone to errors, and costly. Tristan needed an efficient solution to streamline their procurement to payment workflow.

Results

By implementing our automated solution for Buildertrend accounts payable, Renotech was able to eliminate manual data entry, optimize their workflow, and enhance their overall procurement to payment process. This resulted in significant cost savings and improved operational efficiency.

Key Product

Accounts Payable Automation

70%

Cost Reduction

60%

Time Saved on Data Entry

99%

Error Reduction

50%

Workflow Efficiency Improvement

The integration of Buildertrend's Automated Accounts Payable Solution has been a game-changer for Renotech. The time and cost savings are remarkable, and our workflow has never been smoother.

Tristan

Director of Renotech

About Renotech Building

Renotech Building is run by a fun, highly dynamic team, who have over fifteen years' experience. They operate in the Sydney market and build boutique residential projects. They build high end architecture designed projects and small extensions.

The company has been growing rapidly and have become a go to company to build a high-end house in the Eastern suburbs of Sydney.

The Challenge

Tristan, the director of Renotech, faced a daunting challenge with the company's accounts payable process. The manual data entry into their Buildertrend portal was not only time-consuming but also prone to frequent errors, leading to increased costs and inefficiencies. Tristan needed a robust solution to streamline their procurement to payment workflow and reduce the operational burdens caused by these manual processes.

The Solution

Renotech turned to Tradies Accountant. Tradies Accountant specializes in integrating automated solutions to enhance business operations. After evaluating several potential solutions, Renotech decided to implement our automated accounts payable solution that integrates into Buildertrend. This AI-driven technology seamlessly integrates bills into the Buildertrend portal, eliminating the need for manual data entry. Tristan expressed his satisfaction, stating, 'The integration of Buildertrend's Automated Accounts Payable Solution has been a game-changer for Renotech. The time and cost savings are remarkable, and our workflow has never been smoother.' Tradies Accountant provided Renotech with a best practice workflow for procurement to payment, further optimizing their business processes.

The Results

The impact of Buildertrend's Automated Accounts Payable Solution on Renotech was substantial. Renotech experienced a 70% reduction in costs and a 60% time savings on data entry. Errors were reduced by an impressive 99%, and workflow efficiency improved by 50%. Tristan's testimonial highlights the transformative effect of the solution: 'The integration of the Automated Accounts Payable Solution has been a game-changer for Renotech. The time and cost savings are remarkable, and our workflow has never been smoother.' These metrics and testimonials underscore the success and efficiency gains Renotech achieved by adopting the automated accounts payable solution.