A.I. RPA will finance for itself with the improved efficiency!

Finance departments are important to organisations and should be seen as more than mere “cost centres”. Finance professionals can do more with less by leveraging on robotic process automation (RPA) software that is incorporated with artificial intelligence (A.I.). This can be used to consolidate work flows, enhance productivity, maximize efficiency and even contribute to the top line in finance and accounting sectors.

Smart automation for finance departments:

Despite the presence of automation tools for finance professionals, there is still a lot of manual work due to silo I.T. applications and disparate data sources. RPA can be used for completing work flows in areas such as accounts payable/receivable functions, data consolidation and reporting. A.I. allows you to take a step further by detecting trends and abnormalities, and increase the extent of automation through computer vision, natural language processing and machine learning.

Accounts payables:

RPA does data-entry; A.I. helps to recognize logos of payees, improves accuracy of data-extraction from docs

Accounts receivables:

RPA updates amounts received from customers; A.I. predicts risk of non-payment based on history

Trade financing:

RPA fills up digital applications for financing; A.I. suggests how to allocate financing for optimal results

Regulatory reports:

RPA updates data into government portals; A.I. detects urgent emails from regulators to provide data

Reconciliation:

RPA tallies Cash Book balance with Bank balance; A.I. enhances accuracy of reconciliation

Financial forecasting:

RPA fills in data based on inputs; A.I. (machine learning) predicts when revenue might increase/ dip

Why A.I. RPA for Finance departments ?

  • Streamlines processes
  • Adheres to specified procedures
  • Complies to regulations
  • Works with existing I.T. applications
  • (A.I.) Reduces level of human intervention by smart data extraction
  • (A.I.) Ability to predict likelihood of fraudulent expenses
  • (A.I.) Predicts potentially-profitable areas of business/ likelihood of revenue increase

70%

Reduced costs:

Up to 

> 3x

Speedy transactions:

faster

~15%

Fast deployment:

of time for integration

Empower yourself to do more!

Go above and beyond with Gleematic A.I. robotic process automation RPA. For stock brokerage and other segments of the finance and accounting sector, our exclusive technology is easier to use and set up compared to other automation tools. This means that even end-users can be empowered to tap on the power of A.I. robots, and you can learn to create and edit scripts to direct the robots yourself!

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