Finance & budget departments have come a long way since physical General Ledgers (actual books) and counting machines. The idea of a finance department without modern PC's and the most basic of applications like word processors & electronic spreadsheets is almost laughable.

While CPA's have begun adopting tools for complex tasks like reporting automation, some other tasks have slipped below the automation-radar:

• AP Invoice entry Reconciliations (bank and other) Fixed asset accounting Invoice receipt and classification

  Collection activities (dunning) Preparing tax returns Two and three-way purchase order/invoice/receipt matching Chargeback management

These manual, repetitive, and high volume tasks are still largely carried out by skilled professionals in most finance departments. Professionals whose time would be better spent on higher-value responsibilities (like analysis) often attribute countless hours to these arduous and, for want of a better word, boring tasks.

So why have repetitive tasks requiring little or no knowledge/skill been left to manual processing while other tasks such as financial statement and budget book generation have been largely automated in the last decade? It all comes down to scale. There are an unlimited number of unique, repetitive tasks that organizations would benefit from automating. 

Purpose-built solutions designed to automate specific complex tasks that:

• are explicitly designed for specific jobs such as account reconciliations,
• automate and standardize up to 99% of all associated business processes,
• mitigate the risk of error,
• can be scheduled to run as and when required,
• drastically increase efficiency,

Customizable bots designed to automate any tasks that:

• are high volume,
• are mimicable (if you can do it at a workstation, the bots can watch and learn),
• are repetitive and repeatable,
• require little or no decision making.

Save time

Automate up to 100% of repetitive time-consuming tasks. Saving up to 100% of the time spent administering them. 

Reduce the risk of errors

The most common causes of errors for repetitive, high volume & manual tasks is human error. Humans are just not built to deal with excessive repetition. The mind wanders, and mistakes are made.

Allow your staff to do what they are trained for

CPA's did not obtain their designations so they can spend hundreds of hours completing data entry type tasks. Furthermore, they don't want too. Free up your staff to do the work that really adds value to your organization and gives them a sense of worth.

Reduce costs

Accounting Automation means eliminating countless billable hours.

Support environmental policies

Modern, dedicated automation tools are designed to manage entire business processes without paper.