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Signify achieved a 99.9% success rate in journal management, with 118,500 journals created, posted, and approved after implementing Aico's solutions.
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The implementation provided real-time reporting with dashboard refresh rates of just 15 seconds, significantly improving efficiency.
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Aico's solutions led to a 30% reduction in obsolete tasks and enabled a 58% automation rate for BSAR's auto sign-offs, showcasing substantial operational improvements.
Signify, a global leader in lighting solutions, needed to improve efficiency and quality control across 100+ company codes, eliminate multiple closing tools and reduce manual tasks.
By implementing AICO’s Reconciliations, Closing Task Manager and Journal Entry modules, they achieved:
- 99.9% success rate with 118.500 journals created, posted and approved
- Real-time reporting with 15-second dashboard refresh rates
- 30% reduction in obsolete tasks within 1 year
- 250–350 additional reconciliations per company code
- 58% automation BSAR’s auto signed off, from 0% in the previous solution
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