Industry:
RENEWABLE ENERGY
Department:
CORPORATE TREASURY
Process: O&M CASH POSITIONING & FUNDING
99%
cycle time reduction
27.8
hours saved per run
40
hours saved quarterly on audit preparation
Client Overview
ReNew is a leading renewable energy company operating large-scale wind and solar assets across India. With a distributed asset base and daily Operations & Maintenance (O&M) needs, the Treasury and Finance teams must ensure timely, compliant funding while optimizing cash across entities and profit centres.
The Challenge
Before the automation, the funding process was completely manual and slow. Teams had to:
- Collect funding requests from different systems and emails
- Match each request to the right department and account codes
- Check how much money was available across various accounts and investments
- Decide how to fund each request (use cash, sell investments, or move money between accounts)
- Enter everything manually into the computer system
Send emails to update everyone
Key pain points
- Everything took too long because it was done by hand
- Higher chance of mistakes
- Management couldn’t see what was happening in real-time
The Solution
RPATech built an AI-powered automation that automates company funding requests. The bot:
- Gathers funding requests from invoices, advances, and emails
- Ensures all information is correct and complete
- Checks available money in different accounts and investments
- AI decides whether to use cash, liquidate investments, or transfer funds
- Automatically posts transactions in SAP
- Sends MIS reports daily and notifies stakeholders
Key aspects of the solution
- Automated ingestion of SAP VIM & Advances reports and funding emails
- Centralized PC-GL-bank mapping master with version control
- Policy engine for sufficiency checks and source prioritization
- Automated SAP postings (bank transfers, redemptions, IFT journals) with document references
- Maker-checker workflow for high-value actions and same-day reversals if needed
- Automated email notifications and comprehensive MIS for finance leadership
The Outcomes
- Cycle time slashed: from 3–4 days to 10–15 minutes per funding run
— ≈99% time saved (range 98.96%–99.48%)
— ≈24–32 working hours saved per run (midpoint ~27.8 hrs)
• Audit & MIS prep: ~40 hours saved per quarter on management-review data extraction
• Reduced chances of human error across reconciliation and postings
• Improved data reliability via a single source of truth for funding decisions
• Frees up SAP BASIS consultant bandwidth for higher-value work
