Finance & Accounting Automation Platform
Automate Document-Intensive F&A Processes
Conventional RPA solutions cannot capture meaningful data from poorly scanned, unstructured documents. Scans of handwritten entries require deep learning-based OCR. Your F&A automation must extract critical information from multiple formats such as PDF and image files, as well as spreadsheets and word processing packages – all in multiple languages. Our Automate platform lets you build complete process automations with intelligent document processing, artificial intelligence and natural language processing capabilities that minimize downstream impacts at the very beginning of your workflows.
Automate Repetitive F&A Workflows
Manual workflows such as invoice processing, reconciliations and vendor onboarding are plagued by manual errors that creep into boring, repetitive tasks. The result: excessive processing time as well as inconsistent reviews and approvals. The Automate platform includes advanced technology that assures true end-to-end automations. Slash processing time, improve accuracy to near-perfect levels, assure compliance with regulations and SLAs, and redeploy your workforce to high-value tasks.
Actionable Insights from F&A Process Automation
Configurable dashboards that capture real-time data are key to your digital transformation strategy. The Automate platform gathers data from many sources such as spreadsheets, ERP systems, ledgers, banks and more. Built in machine learning and AI help managers discover actionable insights on critical tasks that include regulatory reporting, journal processing and financial ratios analysis.
Automate Compliance and Internal Audit Reporting
The Automate platform uses advanced technology that quickly and accurately processes multiple file formats from varied sources. The digital processes that you build in Automate apply rules across the data set. Results identify accounting errors and potential fraudulent practices. Your organization saves money, uncovers subtle risks to your stakeholders, and slashes manual effort by as much as 90 percent.
Improve Complex Processes with Automate
Index, extract, validate and process invoices. Integrate with ERP and accounting systems. Cut operation time by 85 percent or more.
General Ledger Clearing
Reduce 80 percent of effort or more when you automatically clear large volumes of open items across accounts receivable and accounts payable.
Goods Receipt to Invoice Matching
Cognitive bots match goods receipts to invoices. Improve on-time payments by 85 percent.
Automate 90 percent of your reconciliation process, eliminate 80 percent of errors, and cut turnaround time by 60 percent.
Quickly and accurately identify accounting errors and fraudulent practices. Uncover risks to your stakeholders. Reduce manual effort by as much as 90 percent.
Reconcile 100 percent of sales and CRM applications with financial applications.
Digital Transformation with Automate and HyperApps
Beyond Robotic Process Automation
Conventional robotic process automation solutions require up-front investments, long development cycles, and an “automation” that produces far too many exceptions that require human intervention. World class enterprises solve this problem with advanced technology like artificial intelligence and machine learning.
Rapid, Effective, Scalable
Low-code automations make rapid development and deployment a reality. Reserve human involvement in your automated workflow for high-value decisions, and enable your workforce to focus on growth. Your return on investment improves when you when you reuse your solutions for similar processes.
Low Total Cost of Ownership
No up-front investment required. JIFFY.ai’s volume-based subscription bolsters your ROI case and allows you to forecast expenses. HyperApps lower your total cost of ownership, which enables you to invest into the rest of your business.
AI That Meets Customer Expectations
Mature financial services companies that transformed their workflows with artificial intelligence are not your only threat. Today’s startups design their business processes around technologies such as artificial intelligence, machine learning and natural language processing. These competitors capture advantages in capabilities that your clients expect, such as speed, agility, and accuracy.. These leaders are well-positioned to take advantage of the next technological iteration.
Automate Your Employee Experience
Your growth prospects depend as much on your employees as your business model. The millennial and Gen Z cohorts consider a digital work environment to be table stakes. Digital natives expect to use automated tools to engage back-office functions, as well as to perform customer-facing responsibilities. Automation reduces employee turnover and enables your workforce to focus creative energy on solutions that grow your business.
Digital Transformation and Continuous Improvement
Workflows that require input from several data or process silos are sweet spots for automation and artificial intelligence. End-to-end process automation makes your enterprise more resilient and returns measurable workflow improvements. Best of all, intelligent automations work on top of existing systems: No need to “rip and tear” or overhaul existing infrastructure.
Tamra Butler, RPA Manager
International Organisation (Public Health), Malaysia
Leading US Airline
Managing Director, Business Transformation
Leading US Airline