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Indian Oil ropes in Automation Anywhere to automate finance, HR and inventory

Indian Oil ropes in Automation Anywhere to automate finance, HR and inventory
Photo Credit: VCCircle

San Jose, California-based robotic process automation (RPA) major Automation Anywhere has roped in local oil giant Indian Oil Corporation for five-year digital transformation deal. 

As part of the first phase, Indian Oil will automate key processes spanning finance, human resources, and inventory using Automation 360, Automation Anywhere’s key cloud-native RPA platform.   

“Energy companies grapple with legacy systems, multiple data sources and manual, repetitive processes that get in the way of driving speed and impact,” said Milan Sheth, executive vice president, IMEA at Automation Anywhere. 

Through the implementation, Indian Oil looks to improve operating agility, connect disparate systems and empower employees to work efficiently by helping automate mundane and repetitive tasks. 

Indian Oil also conducted a botathon where employees and citizen developers created automation assistants based on different use cases. 

"We have crowdsourced 50+ ideas through an enterprise-wide 'RPA Botathon' event that saw enthusiastic participation from hundreds of IndianOil employees,” said Alok Khanna, Executive Director, head of digital transformation at IndianOil.

S.M. Vaidya, the Chairman of IndianOil, also added that the company would not stay relevant in the business if it didn’t go digital.

The oil company under its digital transformation program called as Project i-DRIVE (Digital Readiness and IT Vision Enablement) , has undertaken multiple implementations of digital solutions in emerging technology platforms and solutions. 

In October last year, Indian Oil had announced a collaboration with IBM to build the Indian Oil Mobile One App, aimed at its 12,000 odd Indian Oil distributors. The platform, IndianOil then said, would provide a unified customer experience across devices such as tablets, mobile phones and desktops.