All cases
RPA
Accounts-receivable reconciliation: automatic instead of manual matching.
How a company automatically matches collective payments to open invoices, including tolerance for small rounding differences.
Starting point
Incoming payments covering multiple invoices had to be manually assigned to open items. Small rounding differences made the reconciliation even more difficult and led to recurring reconciliation effort.
Solution
A software robot automatically matches collective payments to the corresponding open invoices and offsets small rounding differences, instead of manually reconciling multiple invoices.
Result
RobotHumanAI-assisted
Collective payment received→Open invoices matched→Automatically cleared
Result
100%
payments automatically assigned (continuously instead of monthly)
Keine
Month-end workload peak eliminated
Tage
faster dunning process (thanks to up-to-date accounts)
1
laufend abgestimmte Konten (statt Monatsend-Batch)
Our accounts receivable accounts are now up to date every day, not just at month-end.
Do you have a similar process?
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