For every accounting problem there is a

SOLUTION

Machine Learning is all about continuous learning and evolution of bots. This is how we helped a real estate giant collect money faster by automating the receivables process. The resulting working capital efficiency improved by 35%.

// Henry Ford

There are no big problems.
There are just a lot of little problems

Inaccurate reporting. Missed deadlines. Compliance shortfalls. Delayed book closing. Foggy visibility into company’s financial health. Dissatisfied accountants (who likes repetitive transactional work!)

A panacea – the universal medicine – for these little problems is automation. Not just any automation, but intelligent automation that understands your business and thinks on behalf of it.

Read on to find how we deploy our AI and ML-based bot to seamlessly transition your manual accounting labour into a value-adding finance function.

// Solutionizing

How we create relief

Process Discovery

What you want to achieve is clearly defined & a blueprint is created.

Data Analysis & Validation

Performing data cleansing and ensuring quality data

Solution Design

Exploring possibilities and narrowing down to the most effective & efficient solution

Development

Transforming from design to production – components are built from scratch or composition

User Acceptance Testing

Testing the system to make sure it can handle real–world scenarios

Report Analytics & KPI

Analysing data to gain valuable insights to improve the performance

Deploy intelligent automation in your manual workflow

// The difference we create

Automating Billing Processing

  • Raises invoices to customers
  • Receives payments through Cheque/NEFT/payment gateway
  • Allocates payments received in finance system
  • Sends reminders to customers for overdue invoices
  • Bot creates & sends invoices to customers
  • Based on bank statement bot identifies overdue invoices and send reminders
  • Users receive invoice
  • Manually verifies the values
  • Copies invoice data to finance system
  • Initiates payments
  • Reports completion
  • Bot scans the received invoices
  • Extracts values and runs business rules
  • Publishes the invoice data in the finance system
  • Initiates payments or sends for approval
  • Generates reports
// The difference we create

Automating Invoice Processing

// The difference we create

Automating Billing Processing

Without Automation
Raises invoices to customers Receives payments through Cheque/NEFT/payment gateway Allocates payments received in finance system Sends reminders to customers for overdue invoices

--> Flip to see the magic
With Automation
Bot creates & sends invoices to customers
Based on bank statement bot identifies overdue invoices and send reminders
Without Automation
Users receive invoice
Manually verifies the values
Copies invoice data to finance system
Initiates payments
Reports completion

--> Flip to see the magic
With Automation
Bot scans the received invoices
Extracts values and runs business rules
Publishes the invoice data in the finance system
Initiates payments or sends for approval
Generates reports
// The difference we create

Automating Invoice Processing