Bank Reconciliation Automation: Why Best Candidate for RPA
Bank Reconciliation Automation. Yes, you read it right! Robotic Process Automation has entered every sector, including finance and accounting. It has helped to take away the mundane and repetitive tasks and has leveraged people’s lives. As per Gartner, 80% of financial leaders have integrated RPA in finances or are planning to do so. The processes in bank reconciliation are rule-based, […]
RPA helps reduce manual efforts in Bank Reconciliation by 95% for a Global Natural Resources Company
Our Client Our client is a leading natural resources conglomerate spanning 4 continents. The company pledges to reduce carbon emissions as a diversified natural resources organization. Over the years, it has positioned itself with a broad spectrum in Oil & Gas, Zinc-Lead-Silver, Iron Ore, Steel, Ferro Alloys, Power, Optical Fiber, and Semiconductors. The Problem The […]
85% of time saved in Bank Reconciliation with Intelligent Automation for India’s Largest NBFC
Abstract The case study highlights how RPATech successfully transformed the bank reconciliation process for one of India’s largest NBFC through customized intelligent automation solution. By leveraging intelligent bots and advanced data processing techniques, the solution streamlined the reconciliation process for 1898 accounts across 24 different banks. The implementation of this solution resulted in increased efficiency, […]