Your organization’s financial close and reporting processes — from closing out subledgers to creating and delivering financial filings to regulatory bodies — are complex and burdensome involving multiple systems, departments, and people.

Your organization works with multiple suppliers and fluctuating prices, which can make sourcing products and cost containment laborious and undependable.

Your organization’s ongoing KYC and KYV initiatives are complex, manually-intensive, and challenging and costly to maintain, which can result in compromised processes and quality checks, ultimately leading to poor customer/vendor relationships or even bad press for your organization.

Your organization has set up an invoice portal, which streamlines e-invoicing and invoice processing but onboarding new vendors and data collection remain manual processes, dragging down overall efficiencies.

Robots aren’t coming for your job, but Robotic Process Automation (RPA) is here, and it is rapidly changing financial operations. Our Introduction to RPA for Financial Processes blog will teach you what you need to know about RPA and for a deeper dive, our upcoming series of RPA use cases will show you how RPA is being successfully implemented now.

To vacation or not to vacation? The age-old challenge for organizations and their teams. With the introduction of robots, to vacation is the answer.

If you’ve automated your invoice processing, the majority of invoices should either post automatically or enter a workflow. But what happens if you need to manually correct an invoice? This can often be complicated, but it shouldn’t be.

Do you have lots of invoices flying around in your company and you lost track?
Why not automate your invoice processing?

Robots aren’t replacing everyone, but the misconception is understandable given the constant barrage of warnings from robotization experts and press. The reality is that in many environments, robotic process automation is about the efficient allocation of the people doing the work, not about reducing the number of people who are working.