Streamlining Construction Finance: How Dost Transformed Cardoner’s Accounts Payable

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.

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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: A large number of invoices, delivery notes, and purchase orders flooded their system, making it difficult to keep track of everything manually.
• Slow Invoice Validation: The process required extensive back-and-forth communication between departments and suppliers, delaying approvals.
• Decentralised Document Management: Without a central system, invoices were scattered across multiple locations, leading to miscommunication and inefficiencies.
• Manual Data Entry Errors: Due to manual processing, errors frequently occurred, impacting financial accuracy and compliance.
• Workload Overload for the Finance Team: The administrative and financial teams were bogged down by repetitive, low-value tasks instead of focusing on strategic initiatives.

The solution: Dost’s AI-powered accounts payable automation

To address these inefficiencies, Cardoner partnered with Dost, implementing an AI-driven invoice processing system tailored to their industry-specific needs.

Key features of Dost’s solution:

• Centralised Document Reception: Dost provided a single platform for managing invoices, delivery notes, and orders, streamlining financial workflows.
• Automated Invoice Processing: 99.5% of invoices were automatically processed, eliminating manual entry errors and improving financial accuracy.
• Workflow Automation: Over 300 automated workflows were created to categorise and distribute documents by construction project codes, ensuring better tracking and compliance.
• Supplier Portal Implementation: Dost’s supplier portal improved communication, reducing back-and-forth email exchanges and avoiding work overload for the finance team.
• Faster Month-End Closures: With automated invoice validation and reconciliation, Cardoner successfully reduced processing time, enabling them to close months and quarters on time.

The results: A transformational improvement

The impact of Dost’s automation on Cardoner’s financial operations was remarkable:

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📌 3,200 invoices processed per month with minimal human intervention.

📌 99.5% of invoices fully automated, drastically reducing errors and increasing efficiency.

📌 50% reduction in invoice processing costs, leading to significant financial savings.

📌 300+ automated workflows enabled seamless categorisation and management of invoices per construction project.

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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.

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Conclusion: Building a future-ready finance department with Dost

Cardoner’s success story demonstrates how automating accounts payable can streamline financial workflows, enhance accuracy, and drive cost savings. With Dost’s AI-powered platform, they eliminated inefficiencies, improved financial visibility, and achieved faster and more reliable month-end closures.

For construction companies managing high invoice volumes, decentralised documentation, and manual errors, Dost offers an unparalleled automation solution.