The challenge
Cost consultants usually have to spend countless hours doing manual data entry and excel compilation for cost reporting which gets worse as projects develop and become ever more complex.
Cost consultants usually have to spend countless hours doing manual data entry and excel compilation for cost reporting which gets worse as projects develop and become ever more complex.
Working with robots: our innovative Robotic Process Automation (RPA) platform performs detailed reporting processes that would otherwise be time-consuming when done manually.
By deploying RPA, we can automate 80% of the manual tasks that are needed to complete a detailed cost report.
of manual reporting was automated
of reporting via RPA vs up to 7 days when done manually
Imagine you’re a cost consultant, and you have to choose between spending extended hours doing manual reporting tasks or working on bigger and more exciting things that will challenge your skills and add value to the client. Seems like a no-brainer. Let’s be clear: accurate reporting is critical to the success of cost management, but it can be very time consuming, especially on large-scale projects.
The Royal Atlantis Resort & Residences project is a 360,000m² luxury development that involved working together with a wide range of supply chains. Combined with the in-depth information and extensive technicalities that go into this type of reporting, the breadth of this project turned a routine reporting process into heavy, time-consuming work. On top of that, we had to integrate our own reports with the cost reports of other stakeholders including the client and the contractor.
By deploying our robot, we were able to automate and complete 80% of the manual work within 2 hours. Without RPA, this task can take up to 7 working days to complete by a senior consultant. The time that we saved has been realigned — with the client’s consent — toward other tasks that add value to the project.