RPA in Financial Administration

Processes in Financial Administration department have very high automation potential

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Our RPA solutions boosted our customers' invoice processing and decreased amount of accounts receivables

The tasks in financial administration processes are particularly potential for RPA (Robotic Process Automation) because they are by their nature high-volume, very rule-based and repetitive. 

 

We have done various RPA implementations for our customers that have created results in their processes within Finance and Accounting. From decreasing the amount of open receivables to boosting purchase invoice processing – RPA and intelligent automation solutions can make a substantial impact in processes within F&A. 

Benefits of RPA in Financial Administration

Process transparency & standardization

RPA creates transparency in accounting, detects exceptions and harmonizes procedures and information.

Better quality

Amount of humane errors in processes and data is reduced.

Increased speed

Consolidation cycle becomes faster when robots handle data in real-time and offer up-to-date information.

Higher cost savings​

Working hours tied to reporting are reduced.

RPA use case examples in Financial Administration

Account Receivables​ & Account Payables

Accounting​

REPORTING & GROUP LEVEL ACTIVITIES

Master Data

Our customers' success stories in Finance & Accounting

Posti boosts purchase invoice processing with intelligent automation

Posti has elevated their RPA team to the next level by adding machine learning into their toolbox.

 

Book a free consultation with us

Want to know how RPA could benefit your company? Tell us about your automation needs and let’s find the right solution for your company together.