What if you had a way to streamline your finance and accounting departmental processes without compromising on efficiency? See how RPA can help.

  • 28 September 2021
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#RPA #RPAUseCases #RPASolution #DigitalTransformation #AccountsPayable

 

These processes are often far from simple and involve a variety of computer applications that must be compliant, reliable, and deliver accurate results - on time. How can RPA help? Here are just a few use cases: 

 

1) Accounts Payable: 

 

How can RPA help you streamline your invoice processing and boost your accuracy? With the right platform in place, you can scan, digitize, and validate key data from invoices - and then automatically upload it to any invoicing platform. This way, finance and accounting departments can offload this repetitive task from full-time employees to software robots while expediting the handling of this paperwork. This enables them to pay their suppliers sooner and decreases the risk of fines or late payment. 

 

2) Monthly Payroll 

 

Want to ensure a 100% accurate payroll submission - on time and fully compliant? There's an RPA solution for that. With an RPA platform like the Kryon Automation Suite, you can verify the consistency of payroll system employee data by checking it against the data in a company's ERP system. It can also run batch extracts, import, and validation for gross-to-net processing; benchmark with global trade data; or feed the procurement system for new hires, transfers, and terminations. Paychecks, benefits administration, rewards and reimbursements can all be automatically tracked and produced by robots to avoid inaccurate submission and overall delays. 

 

3) Accounts Receivable 

 

Are you ready for a faster, more reliable, and more efficient way to bill customers for goods and services? RPA has got you covered. Having the right RPA platform in place can help you by automatically submitting an invoice to any customer, no matter what kind of online system the customer's accounts payable department uses. Not only can robots complete this process faster, they can also complete it more accurately. 

 

Check out how you can get started here.

 

 


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