The F&A function deals with high volumes of data that is transactional, repetitive, and error-prone in processing. The manual effort required with those tasks are mundane and non-value adding, reducing employee productivity and hindering the business growth and performance.
F&A processes can leverage a combination of different Intelligent Automation technology elements such as RPA, IDP, converstational AI, and workflows, to reduce manual intervention
AREAS OF EXPERTISE
Invoice processing
Our system automates invoice processing. It extracts data, validates accuracy, and performs a three-way match with purchase orders and receipts. Based on your business rules, invoices are automatically approved or rejected, and confirmations are sent.
Time and expense claims processing
Our system automates expense management by continuously monitoring for new expenses and sending data instantly. It extracts and validates receipt data against your policies, providing automatic acknowledgements. Plus, built-in fraud detection ensures secure processing.
Payment processing and request collections
Optimize your payments with our system. Eliminate duplicates, automate workflows, and receive timely reminders. Improve DSO/DPO and predict customer behavior for proactive financial control.
Let’s discuss how we can provide you with a complete finance department to support your business today, tomorrow and into the future.
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