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+91-8888-5000-68
Mail: info@gibots.com

Working with data

Accounts Payable Automation & Reconciliation

Across the sectors, we see accounting teams in enterprises having challenges with their processing of financial documents like Invoices/CN/DN, etc due to the tremendous workload of high volume of transactions, performing multi-sided reconciliation, identifying exceptions manually and simultaneous data-entry to financial systems .All of which adds inefficiencies in terms of getting timely forecast of cash flows and respond to customer and vendor queries and settle their payments and receipts on time.

GIBots Cognitive Intelligent Accounts Payable Automation Solution extracts, classifies & reconciles data from documents like Invoices, POs, Receipts, etc. providing actionable data and insights for quicker decision making with real-time dashboards that can be automatically updation into ERP & other downstream systems, helping procurement functions to swiftly respond to vendor queries and payment schedules.

  • Input from multiple sources & formats
  • Unattended Straight Through Processing(STP)
  • Captures both Header & Table Level Information
  • Rule engine based customized validation
  • Auto Error Notification & alerts
  • Out-of-the-box 2/3 Way Document Reconciliation
  • Multi-Lingual Processing
  • Automated Approval Workflows
  • Realtime Reports & Dashboards
  • Multi-system integration (Oracle, Tally, SAP, etc)

Benefits

The solution helps in centralized AP processing of documents with faster turnaround time, reduced per-transaction cost, highest data capture accuracy, scalability under varied loads; which minimizes the chances of fraud & missing/incorrect data with easy access, real-time monitoring & greater control for easy auditing.

Use Cases

Some of the business/finance-related processes which are automated using our solution include Account Payable/Receivable Automation, Procure-to-Pay Automation, Bank Reconciliation, Automated book-keeping, Digitization of Legacy financial documents, Automated Tax-filing, etc.
Yes, GIBOts Account Payable Automation solution is able to provide output in .xls/.xml/.csv/.json.etc.
The bots based solution can process information from multiple sources like emails, folders, web portals & third party systems
As per business needs, customized search options can be added as per the fields in the documents.
Notifications like SMS & Email can be configured in the solution with details like how many transactions are processed, pending, exceptions, etc.
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Call for support

8888-5000-68

Head Office

Office No. 15, Amar Heights, CTS 2057 to 2062, S.NO. 46B, Aundh, Pune – 411003, Maharashtra

Chennai Office

Office N0. 6A, 6th Floor, KRD Gee Gee Crystal, No. 92, Dr. Radhakrishanan Salai, Mylapore, Chennai- 600004

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