Employees at a global electronics manufacturer were manually reviewing reports on the company’s use of hazardous substances. Infosys' automated digitization solution came as a significant upgrade to this process.
The company was receiving over 30,000 vendor reports annually in various languages and formats, making digitization challenging. The operations team's manual review was prone to errors and lacked actionable data for compliance. This is where the Infosys solution played a key role.
Key Challenges
- Vendors were submitting more than 30,000 reports each year on their use of hazardous substances, but the reports were in several different languages and formats and could not be digitized
- The company’s operations team was manually reviewing the reports, which was prone to inaccuracies and led to a lack of data for extracting actionable insights that enable compliance
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The Solution
Automated digitization of reports and extraction of structured data
To help promote compliance with statutory thresholds on the use of hazardous substances, Infosys created an integrated solution that automated the digitization of the vendors’ reports. The XtractEdge Intelligent Document Processing (IDP) platform capabilities were also leveraged to manage the extraction of structured data from a wide variety of documents, and this data was made accessible through a single portal.
Strengthening compliance through digital transformation
- Automated digitization of vendor reports
- Extraction of structured data using XtractEdge IDP platform
Benefits
Improved reporting accuracy and consistency: By making data more accessible, the company realized greater reporting accuracy and consistency
More informed compliance: The generation of analytics related to vendors reports helped inform decision-making on compliance issues
Time savings: An 80 percent decline in time spent on the manual report review process
