With more than 1,000 branches throughout the country, Tipsport is the largest betting agency in the Czech Republic. The organization was founded in 1991 and enables people in the Czech Republic and Slovakia to place bets on a wide range of sporting and social events.
Because the company is constantly looking for ways to improve operational efficiency, Tipsport evaluated products from multiple vendors and selected Nintex Automation K2 for intelligent process automation.
Nintex Automation K2 was also capable of integrating with the widest number of technologies, in addition to Microsoft SharePoint Online, giving the company the ability to develop more sophisticated end-to-end business processes. Tipsport has now automated a number of business processes with Nintex Automation K2, allowing it to cement its role as a leader in the gambling industry.
Fast approvals for a critical invoicing process
Challenge: A time-consuming invoicing process
Tipsport is firmly established as the largest betting agency in the Czech Republic, but it is constantly looking for ways to improve its operational efficiency to help it maintain this leadership position.
The company selected the Nintex Automation K2 to develop a series of automated business workflows to improve the efficiency of key processes at its head office. Up first was its invoice management process, a time-consuming task that once took several days or even weeks and provided little visibility into the status of this important financial process.
Solution: Not taking any chances
Tipsport successfully automated its entire invoice management process, from receipt of invoice all the way through to notifications of payment. This process is typically used by 100-150 employees every month, but 300 people are authorized to enter invoices into the process. Managers receive alerts when invoices need approval and can sanction payments from their desktops or mobile phones, and the entire process takes just a few minutes.
Managers also have greater oversight into this important financial process, allowing them to track the history of all invoices, approvals, and payments and ensure that invoices are not overlooked or handled incorrectly. Employees, therefore, have greater confidence in the invoicing process and know that the invoices they are responsible for will be paid on time.
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