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Accounts Payable

Accounts payable (AP) process has been challenging due to use of various technologies like ERP, OCR, and EDI document management and e-invoices. Robots are not only making the accounts payable processes more efficient but also increase the quality and effectiveness. It also help to meet increasing compliance requirements at your organization.

Benefits

web-development

Reduced error

stats

Improved compliance

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Improved efficiency

finance

Cost savings

Use Cases

  • Invoice Processing

    Challenge

    To process supplier invoices through the system requires large number of manual interventions, in terms of reading, validating, registering and posting invoices.

    Solution

    Automation can be implemented which processes approximately 2,000 supplier invoices every day. With automation, the manufacturer can manage and almost completely eliminate human intervention in the AP process. The robot logs into the necessary systems and can read the invoice image, register the invoice in SAP, perform all the necessary validation, including cross-checking against other systems, and decide whether to post, park or block the invoice.

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