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RPA IN Accounting

Grow your company with the help of automation

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Front Line

Accounts payable
Updating records
Controller function
Cost allocation

Back Office

Credit checks
Processing of transaction
Financial Planning & Analysis

Core Functions

Statements and confirmations
Approvals
Amortization of assets

Here are a few use cases

Accounts payable

Automatic routing of invoices for approval. Auto filling of data. Results in low number of discrepancies

Updating records

Accurately update records, autofill and perform reconciliation.

Credit checks

Automatically analyse historical data. Filters applicants automatically on defined parameters.

Processing of transaction

Autofills, navigates to various sections & processes submission & rejection.

Financial Planning & Analysis

Automating reports for all stakeholders, perform analysis on historical data.

Statements and confirmations

Capture data from multiple sources, autofill in required format, look for error through reconciliation.

Approvals

Routing of statements to concerned authority/sending automated notifications, updating status of an application

Amortization of assets

Automatic calculation & payment of instalments over fixed intervals, generate automatic reports on depreciation.

Error Removal

Better exceptional handling, accurate data collection & autofilling for minimum errors

Better Compliance

Follows standards, formats & stores relevant data for auditing & reporting

Account Reconciliation

Automatically verify the data filled with source file on a time-to-time basis

Cost Savings

Software bots can replace dependence on human resource for repetitive routines

Get in touch with our team for your RPA solution.​​

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