Account Receivable & recovery

The project aims to improve account receivable and recovery by implementing Robotic Process Automation (RPA). This reduced manual efforts from 5 days to 2 hours and achieved a cost saving of $190,000 per year.<br>pen_spark

Challenges Faced
by client.

Finance Dept. want to send Account receivables summery  to the respective client on schedule basis to close this in  time and reduce the write-off.<br> A lot of manual efforts (~ 5 days ) needed to do the  complete process for 200 Org.

Our Solution that make
Customer life Easy.

We proposed to implement Robotics Process Automation (RPA) solution to support automation of Account receivable process using Automation Anywhere.

BOT development and design on the ERP system

BOT development and design on the ERP system to  navigate to different organization and extract respective client data.

BOT development to extract all the details from ERP and prepared Account receivable sheet.

RPA development involves creating bots that automate the extraction of comprehensive details from ERP systems, facilitating the preparation of accurate and organized Accounts Receivable (AR) sheets.

AR sheet Compilation and Email based on client details.

RPA tools compile Accounts Receivable (AR) data into organized sheets and automatically generate emails tailored to client specifics.

Our Solution That
impact on Product

No person dependency

$160 K/year

Cost saving

2 hrs from 40 hrs

Time to market reduced

70%

Substantial effort reduction