ElectroNeek Bot Library

Invoice reconciliation

Case for Automation

Invoices come in multiple formats (Word document, PDF, fax, or paper copy). Employees are tasked with manually transferring this data into corporate systems with no errors or discrepancies. For some companies, invoice generation may take several days, which can lead to unpaid invoices, late payments, and overall inefficiency.

 

Bot Activities
  • Recognizes data using OCR
  • Logs into accounting systems
  • Inputs data into relevant system’s fields
  • Registers invoices in system
  • Emails stakeholders upon invoice posting
Automated software

MS Excel

MS Outlook

🚀 Author
  • Electroneek
📒 Bot Category
  • Finance and Accounting
💡 Tags
Related Blog Post
‘RPA 101’: What is RPA in Finance?
10th February 2020
‘RPA 101’: What is RPA in Finance?
‘RPA 101’: How to use RPA with savings?
6th March 2020
‘RPA 101’: How to use RPA with savings?

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