Finance and Accounting – Accounts Receivable Automation
Fully-integrated RPA-enabled automation facilitates the finance function of small and medium enterprise to reduce past-due outstanding payments and revenue leakages.
Solution Overview
Automated entries for Accounts Receivables based on invoices generated.
API integrations to EDI and third-party sources to automatically ingest invoice and bank statements.
Matching engine reconciles invoices to accounts receivable and payments from bank statement and alerts the finance team unmatched entries or delayed payments.
Customised customer communications on invoices, payment reminder and acknowledgement.
Benefits
60%
reduce under-invoicing and revenue leakages
3X
faster internal invoice handling
50%
reduction in time spent reconciliation of accounts receivable to collections
60%
3X
50%
60
