Overview
NUVI Group has operated across Angola and Portugal since 1998, managing a portfolio of major companies like Wayfield, Kinda, and Re-friango. With operations valued over US$1 billion, efficiency in financial processes is critical. Wayfield, one of NUVI’s key subsidiaries, plays a central role in daily logistics. This case focuses on how they improved their bank statement management process with help from ALLOS.
The Challenge
Before shipping goods, WayField must confirm payments have landed in their Angolan accounts. But with multiple banks, currencies, and statement formats, the process was far from simple. Add to that Angola’s slow internet connections, and it became clear that downloading, checking, and uploading statements was a daily struggle prone to delays and errors.
The Solution
Wayfield implemented ALLOS to simplify and speed up the process. ALLOS enabled batch uploads of bank statements directly into SAP and standardized all data formats for easier reconciliation. It also added smart features—checking for duplicates, verifying balances, and pulling data automatically using formulas—eliminating much of the manual work.
The Result
With ALLOS, data entry became four times faster, and the number of employees needed for the task was cut in half, streamlining operations significantly. Now, WayField responds quicker to customer demands, with improved accuracy, faster turnaround, and fewer bottlenecks in the finance workflow.
