Automatic Confirmation of Balance
The company cooperates with great amount of contractors, has diversified products list. Once a month, the accounting department perfoms balance confirmation, that stymies the work
Problem
Long time for checks with contractors. About several days it takes to check hundreds of deals in a month. Lot of time was spent for this procedure while the other process were postponed for this time
Solution
Make the process of checks with contractors automatic. The robot compares two tables, drafts a discrepancy report; sends related information to each contractor
Advantages
Faster closure of reporting periods. Reduced peak loads
More transparent relationships with contractors, reduced error rate
What can Sherpa RPA offer to upgrade your business?
- Extract data from multiple sources such as databases, spreadsheets, and webpages, and then use it to automatically confirm the balance.
- Validate the accuracy of the data extracted from the sources and ensure that the balance is correct.
- Reconcile the data from multiple sources and ensure that the balance is accurate.
- Send out automated alerts when the balance is incorrect or when there is a discrepancy between the data from different sources.
- Generate reports on the balance and provide insights into the accuracy of the data.
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