Back to all solutions

Finance & Accounting

Reduce routine work and start focusing on insights through data and analytics

Use Robotic Process Automation (RPA) to optimize finance and accounting processes and overcome predictive manual work.

Start now

Finance is part of a firm’s core daily operations. Optimizing financial processes is a tough and meticulous undertaking for many firms. Robotic Process Automation (RPA) helps financial departments to overcome predictable manual work involving large data sets. RPA enables you to optimize finance and accounting processes, prevent delays in accounts payable and accounts receivable, and drive down costs. It frees up more time for your team to act proactively and focus on more value-adding initiatives instead.

Why Finance & Accounting

Process automation that mimics manual actions of finance employees with the following benefits.

Reduced costs and time

RPA mitigates repetitive, time consuming tasks and allows finance employees to take on more valuable types of work such as in-depth analytics or advisory support.

Reduced costs and time

RPA mitigates repetitive, time consuming tasks and allows finance employees to take on more valuable types of work such as in-depth analytics or advisory support.

Minimize business risk

RPA prevents mistakes and ensures more accurate reporting.

Minimize business risk

RPA prevents mistakes and ensures more accurate reporting.

Automate on top of your existing digital finance system

RPA adds new functionalities to existing systems (SAP, Excel, etc.) without touching the infrastructure underlying them.

Automate on top of your existing digital finance system

RPA adds new functionalities to existing systems (SAP, Excel, etc.) without touching the infrastructure underlying them.

Use case

RPA helps industrial service provider with rapid invoicing

Read this case

Use case

Automating the process of PEP checks at an insurance company

Read this case

Use case

Inter-company reconciliations at an international AgriFood organization

Read this case

Use case

RPA ensures correct and in-time loan creation at a bank

Read this case

Features

A digital workforce built with RPA technology to automate and manage financial processes. RPA offers you a low-risk and non-invasive solution. Some of the possibilities:

Auto-extract information

RPA automatically extracts information from vendor invoices or purchase orders.

Auto-extract information

RPA automatically extracts information from vendor invoices or purchase orders.

Validation and reconciliation

RPA can automate the validation and reconciliation of payments and notify exceptions.

Validation and reconciliation

RPA can automate the validation and reconciliation of payments and notify exceptions.

Financial review preparation

RPA automates data movement from various banking applications for easy executive reporting.

Financial review preparation

RPA automates data movement from various banking applications for easy executive reporting.

Easily automate common financial operations

RPA is extremely suitable for operations like procure-to-pay, order-to-cash, record-to-report or record-to-risk-management.

Easily automate common financial operations

RPA is extremely suitable for operations like procure-to-pay, order-to-cash, record-to-report or record-to-risk-management.

Extract information from unstructured data documents

RPA can be combined with OCR, ML and NLP technologies to extract data from complex unstructured documents.

Extract information from unstructured data documents

RPA can be combined with OCR, ML and NLP technologies to extract data from complex unstructured documents.

Contact

Want to know more about our solutions?

We'll gladly answer your questions on workdays between 09:00 and 18:00.

sales@ciphix.io