Financial Services
China National Aviation Fuel Finance Company Deploys Robotic Process Automation to Improve Efficiency
Company profile
China National Aviation Fuel Finance Company Limited (“China National Aviation Fuel Finance Company”) was established upon the approval of China Banking Regulatory Commission. Officially registered on 14 December 2011 as an important financial services platform of China National Aviation Fuel Group Limited (“The Group”), China National Aviation Fuel Finance Company is a non-bank financial institution providing capital and settlement services, committed to strengthening the Group’s centralised capital management with higher utilisation efficiency.
Challenges
As the core platform to develop the Group’s financial services, China National Aviation Fuel Finance Company is committed to providing secure and efficient capital management and financial services for the Group and its member units, seeking breakthrough in internal operations, business performance and agility. Large volume of data processing is involved in its daily routine, which imposes not only heavy workload with high levels of repeatability, but also the requirements for data accuracy.
Solutions
PCCW Solutions empowers China National Aviation Fuel Finance Company to custom bots on demand and explore areas to enhance operational efficiency. China National Aviation Fuel Finance Company conducts screenings on existing processes, then deploying RPA for routine processes, such as bank reconciliation, daily report to central bank, deposit balance summary, etc., with RPA bots handling highly repetitive, time-consuming and low value-added manual operations.
Value created
The deployment of RPA notably simplifies manual operations and work processes. China National Aviation Fuel Finance Company achieves significant reduction in manual efforts for data management, releasing resources to focus on high-value work, with RPA bots ensuring 100% data accuracy.
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