Finance & Accounting (F&A) department processes a significant portion of the unstructured data handled by the business while dealing with payments and tracking receivables. Most legacy applications and ERP systems, such as SAP and Oracle, pose a problem when confronted with unstructured data. Businesses deal with this issue by manually keying in this unstructured data repeatedly during their day-to-day activities.
Intelligent Automation offers a smart digital solution to seamlessly bridge globally scattered F&A business operations involving multi-structured data, paper-form processes, and different standalone ERP systems to provide high operational efficiency, speed, and faster turnaround time.
The Intelligent Automation platform comprises integrated operations involving Intelligent Document Processing (IDP), Robotic Process Automation (RPA), Artificial Intelligence / Machine Learning (AI/ML), Workflows, and Analytics. This white paper explains how the Finance & Accounts functions of organizations over the world have benefitted with Intelligent Automation.