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.
Client
Wayfield
Industry
Investment and Retail
Service
The Challenge
Before approving shipments, Wayfield must ensure customer payments have cleared across several Angolan bank accounts. With multiple financial institutions, different currencies, and varying statement formats, this verification process naturally carried a high level of complexity. Local infrastructure added an additional constraint: slower internet connections made downloading, reviewing, and uploading statements a time-consuming, interruption-prone task. The result was a daily process that demanded precision and significant manual effort.
The Solution
Wayfield implemented ALLOS to bring structure and speed to this critical financial activity. ALLOS enabled batch uploads of bank statements directly into SAP, standardised formats from all banks, and created a unified approach to reconciliation. The platform also introduced automated checks—duplicate detection, balance validation, and data retrieval through formulas—removing much of the repetitive work and reducing the margin for error.
The Result
With ALLOS, statement processing became four times faster, and the number of employees required for the task was reduced by half. Operations became more streamlined, and teams gained more time to focus on higher-value activities. Wayfield can now respond to customer requests more quickly, supported by stronger accuracy, faster turnaround, and fewer delays in one of the company’s most essential financial processes.
