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Contribution: Industrial Research Assistance Program – Contributions to Firms

Solutia Cloudworks Ltd

$142,500.00

Novel Approach to optimize complex Business Processes by leveraging Robotic Process Automation ( RPA )

FY 2017-18 · 2018-03-01

Summary
This project will incorporate the automation capabilities of RPA to build two robots that are capable of Account Payable Invoice processing and New Hire Onboard card processing. The Accounts Payable bot will be programmed to analyze vendor invoices in various formats and input data in target ERPs, while the Hire bot will be programmed to analyse employee new hire forms of various formats and input data into target HCM system. These bots are a complementary offering to our core business of implementing Cloud ERP and HCM solutions therefore we believe once developed will be highly marketable to our existing client base and future clients We plan to build these robots to be market ready by the end of the project.
Program
Industrial Research Assistance Program – Contributions to FirmsIndustrial Research Assistance Program-Contributions to Firms (linked with high confidence)
Location
Toronto|Toronto, Ontario, Canada
Recipient Type
For-profit organization
Business Number
759831720
Type
Contribution
Source
Proactive Disclosure - Grants and Contributions

As published

Additional Information
This agreement has been amended 1 time(s). The end date of this agreements has been modified by 122 days. The total amended value is 62,500 dollars.
Additional Information (French)
Cet accord a été modifié 1 fois La date de fin du présent accord a été changé de 122 jours. La valeur totale des modifications est de 62 500 dollars.
Agreement End Date
2018-12-31
Agreement Number
903510
Agreement Start Date
2018-03-01
Agreement Title
Novel Approach to optimize complex Business Processes by leveraging Robotic Process Automation ( RPA )
Agreement Title (French)
Approche novatrice pour optimiser les processus d'affaires complexes en exploitant l'automatisation des processus robotiques
Agreement Type
Contribution
Agreement Value
$142,500.00
Amendment Date
2018-08-27
Amendment Number
1
Coverage
IRAP Contributions to Firms projects stimulate wealth creation for Canada through technological innovation. | Les projets des Contributions aux entreprises stimulent la création de richesse au Canada grâce à l’innovation technologique.
Description
This project will incorporate the automation capabilities of RPA to build two robots that are capable of Account Payable Invoice processing and New Hire Onboard card processing. The Accounts Payable bot will be programmed to analyze vendor invoices in various formats and input data in target ERPs, while the Hire bot will be programmed to analyse employee new hire forms of various formats and input data into target HCM system. These bots are a complementary offering to our core business of implementing Cloud ERP and HCM solutions therefore we believe once developed will be highly marketable to our existing client base and future clients We plan to build these robots to be market ready by the end of the project.
Description (French)
Ce projet intégrera les capacités d'automatisation des processus robotiques pour construire deux robots capables de traiter les factures et les cartes d'accueil pour les nouveaux employés. Le robot de compte créditeur sera programmé pour analyser les factures des fournisseurs dans différents formats et entrer des données dans les PRE cibles, tandis que le robot de recrutement sera programmé pour analyser les formulaires d'embauche d’employés dans de nouveaux formats et entrer des données dans le système HCM cible. Ces robots sont une offre complémentaire à notre cœur de métier, à savoir l'implémentation de solutions HCM et PRE dans un environnement infonuagique. Alors, nous pensons qu'une fois développés, ils seront hautement commercialisables à nos clients existants et futurs. Nous planifions de construire ces robots pour qu'ils soient prêts pour le marché d'ici la fin du projet.
Expected Results
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Expected Results (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Federal Riding
Spadina--Fort York
Federal Riding (French)
Spadina--Fort York
Federal Riding Number
35101
NAICS Code
511211
Organization Code
nrc-cnrc
Organization
National Research Council Canada | Conseil national de recherches Canada
Program Name
Industrial Research Assistance Program – Contributions to Firms
Program Name (French)
Programme d’aide à la recherche industrielle – Contributions aux entreprises
Program Purpose
The purpose of IRAP Contributions to Firms is to support research, development, adoption and/or adaptation of innovative or technology-driven new or improved products, services or processes in Canada up to their commercialization
Program Purpose (French)
Le PARI, par le biais des Contributions aux entreprises, vise à appuyer la recherche, le développement, l’adaptation et/ou l’adoption au Canada de produits, de services ou de processus novateurs ou axés sur des technologies nouvelles ou améliorées, et ce jusqu’à leur commercialisation
Recipient Business Number
759831720
Recipient City
Toronto|Toronto
Recipient Country
CA
Recipient Legal Name
Solutia Cloudworks Ltd
Recipient Postal Code
M5V 2C3
Recipient Province or Territory
ON
Recipient Type
F
Reference Number
172-2018-2019-Q2-903510
Solutia Cloudworks Ltd - $142,500 Contribution (2017-… | Canada Spends