Every month employees at the finance and accounting department of a global car manufacturer have to export last month’s balance sheet and banking statement from SAP. Then, these two exported files have to be reconciled into different account categories split over 30 Excel sheets. These final Excel sheets serve as a check whether all financial data adds up and is correctly filled out in SAP.
The creation of this complete template happens every month and is done by hand. Think about long-running Excel calculations including V-Lookup and if-statements. This is a very mundane and repetitive task which is prone to errors. The employees only have a single day to complete this process next to other end-of-the month related processes. Therefore SLA’s are not always met. Building an RPA solution which automates the reconciliation process helps the employees to focus on work that matters, decrease throughput times and reduce errors.