100% Transaction Accuracy Achieved in Invoice Processing with RPA

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Invoice Processing

Our Client

Our client is a leading news channel in India with a wide network of correspondents and reporters. They have several regional channels across the country and aim to provide fast and up-to-date news coverage to viewers.

The Problem

The finance team receives over 450 approved invoices daily from various departments and processing such a high volume of invoices manually was time-consuming and challenging. Daily, 4-5 employees would process these invoices, share the MIS with stakeholders, and make payments.

The Solution

RPATech deployed a team of experts to assess the client’s business process and requirements. After understanding their needs, our experts developed a customized RPA solution to automate the entire invoice processing. The bot performed tasks such as extracting data from invoices, validating details against the client’s ERP, matching invoices with correspondent POs, and processing payments.

Business Outcomes

Implementing RPA in the invoice processes resulted in the following significant business outcomes for the client:

Transaction accuracy improved to 100%

Turnaround time reduced by 90%

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