The solution is automation through robotic process automation (RPA), which accelerates, improves and reduces the costs of business and finance processes. Machines can perform repetitive processes tirelessly and with high accuracy, while human talent is necessary for high-level problem-solving and validation.
Maximize the advantages of both skillsets by using AI to automate manual invoice post processing to determine the correct account, tax code, analytical dimensions, accrual postings and more. Many aspects of high-risk, high-volume processes like (VAT) reporting and master vendor data updates based on multiple data sources can be automated .
AI optimally links human and machine, helping you transform your company’s finance department into a strategic element of the organization.