RPA Case

Finance & Accounting

The finance industry puts thousands of transactional work in motion every day, has tight deadlines, and is required to comply with strict guidelines. Robotiproc’s RPA solutions allow finance teams to better their accuracy, cost efficiency, and enable staff to spend more time on strategic analysis by automating routine financial processes.

1. Invoice Processing

🔴 Problem: Manually ingesting invoices, validating them, and posting their contents has the potential for backlogs, late payments, and consistent mistakes.

🔷 RPA Solution: Bots pull invoice data from emails, or scanned pdfs, match them against POs, and post the validated entry into your ERP system.

📈 Impact: Reduce processing time and error rates by 70–90%. You improved vendor satisfaction.

2. Bank Reconciliation

🔴 Problem: Reconciling transactions across multiple bank accounts is repetitive and time-sensitive.

🔷 RPA Solution: Bots match bank account transaction statements against ledger entries, flag any discrepancies, and provide reconciliation reports.

📈 Impact: Save accounting teams 20–30 hours a month. Better audit readiness.

3. Regulatory Reporting

🔴 Problem: Manually collecting data and generating reports for regulatory compliance (SOX, IFRS, AML, etc.) is labor-intensive and tedious.

🔷 RPA Solution: Bots pull financial data from many systems, apply a business rule set to the data elements, and generate the required standardized reporting output.

📈 Impact: Increase compliance accuracy, reduced reporting cycle time, and a better audit trail.

4. Expense Report Auditing

🔴 Problem: Auditing employee submitted expense reports for policy violations requires a lot of manual review.

🔷 RPA Solution: Bots validate receipts, check against policies and rule sets, and flag questionable or suspicious transactions or entries.

📈 Impact: Automation of compliance checks and improved fraud risk reduction.

5. Loan Application Processing

🔴 Problem: Processing and verifying loan application data is extremely resource heavy and is always subject to delinquencies.

🔷 RPA Solution: Bots take applicant data from forms, validate credit checks and prepare the data package for underwriting to review.

📈 Impact: Improved rate of processing, better turnaround time and increased throughput whilst eliminating manual processing.