How Robotic Process Automation can improve the effectiveness of your Finance department

1. RECEIVE INVOICES
Booking creditor invoices is time-consuming.
First, the invoice is read and checked for cost
center, order number, as well as other
characteristics. Second, it is booked on the
correct ledger account.
These tasks can be easily done by a robot.
Read
invoice
Check cost
center
Check
purchase
order
Check
purchase
order

2. SEND PAYMENT REMINDERS
In many systems the creation of payment
reminders in not fully automated because
there are many exceptions. For example
when a reminder needs to be send in a
foreign language.
Robots can take care of the exceptions.
Create
standard
reminders
Open
reminders in
mail
Change text
Send
reminders

3. PREPARE REPORTS
Time available for monthly, quarterly, and
annual closings is getting increasingly shorter.
Robots help by automating the simpler parts of
this process, like the populating of excels from
different sources.
If every hour counts, robots are priceless.
Open CRM
system
Open ERP
system
Combine
data in Excel
Create pivot
table

4. MANUAL JOURNAL ENTRY
Manual journal entries require many checks
and are time consuming to process. Robots
may take care of a large part of this work.
Robots do the necessary quality checks.
Receive
journal via
mail
Check
correctness
Upload in
system

5. RECONCILIATIONS
Companies that work with different financial
systems require frequent balance checks or
reconciliations. While this is important work, it is
also completely predictable and repetitive can
easily be robotized.
Repetitive work can be done by a robot.
Log in
system A
Log in
system B
Compare
balances
Report
differences

6. We help you to be successful with
Robotic Process Automation
www.flowrobotics.eu
info@flowrobotics.eu
+31 30 799 1051