The construction industry operates on complex financial workflows, dealing with thousands of invoices, delivery notes, and purchase orders. Managing these documents manually can lead to inefficiencies, errors, and delays in financial reporting.
Cardoner, a business group specialising in construction, real estate development, building, and civil works, faced these exact challenges. With a growing number of invoices and an inefficient validation process, they needed a scalable, automated solution to streamline their accounts payable operations. That’s where Dost came in. Through AI-driven automation and workflow optimisation, Dost helped Cardoner reduce errors, improve efficiency, and centralise their financial processes. In this success story, we explore how Dost’s cutting-edge accounts payable automation revolutionised Cardoner’s financial management.
The challenge: Managing high volumes of invoices & data entry errors
Cardoner’s financial team encountered several significant obstacles in their daily operations:
- High Volume of Documents: With thousands of invoices, delivery notes and purchase orders constantly coming in, manual management made process optimisation a pressing need.
- Slow Invoice Validation: The high volume of invoicing and the need for approvals across different departments slowed down the workflow.
- Manual Data Entry Errors: Manual processing led to errors in the accounts.
- Workload Overload for the Finance Team: Limited automation forced staff to spend time on low-value tasks.
The solution: Dost’s AI-powered accounts payable automation
To address these inefficiencies, Cardoner implemented Dost, an AI-powered supplier-invoice automation solution that streamlined document management.
Key features of Dost’s solution:
- Document centralisation: Dost enabled all financial documents to be received on a single platform, simplifying control and management.
- Automated invoice processing: 99.5% of invoices were automated, removing the need for manual intervention.
- Smart workflows: 300+ automated workflows were configured to route invoices by project codes, improving agility in cost management.
- Supplier portal: A dedicated portal enhanced communications with suppliers.
- Faster financial close: Thanks to automation, Cardoner can handle high volumes of information while ensuring accurate accounting.
The results: A transformational improvement
The impact of Dost’s automation on Cardoner’s financial operations was remarkable:
📌 3,200 invoices processed monthly with minimal manual intervention.
📌 99.5% of invoices automated, reducing errors and increasing efficiency.
📌 50% reduction in invoice processing costs, delivering significant savings.
📌 300+ automated workflows, ensuring efficient allocation of financial documents.
📌 Faster, more accurate financial reporting, improving decision-making.
Why Dost is the best fit for construction finance automation
Dost is not just an invoice automation tool—it’s a strategic financial transformation solution for construction companies like Cardoner. Here’s why Dost stands out:
- AI-Powered Accuracy: Eliminates human errors in invoice reconciliation and financial reporting.
- Scalable Automation: Easily adaptable for companies handling high volumes of invoices and expanding operations.
- Integration with Existing Systems: Seamlessly integrates with ERP and bookkeeping software, ensuring smooth adoption.
- Cost Reduction: Significantly lowers administrative costs by reducing manual workloads.
- Enhanced Compliance: Ensures accurate, real-time financial data, improving audit readiness and regulatory compliance.
- Supplier Collaboration: Improves supplier relationships through a structured and transparent portal.
- Optimisation of Digital Finance Transformation: Helps companies transition to a fully digital accounts payable process, increasing long-term efficiency.
Conclusion: Building a future-ready finance department with Dost
Cardoner’s success story shows the positive impact of accounts payable automation in the construction sector. Thanks to Dost, they reduced costs, improved efficiency and streamlined the financial workflow.
If your company handles large volumes of invoices and documents manually, it’s time to take the step towards intelligent automation.