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Innomatiq News and Insights
RPA tools currently reside at the Peak of Inflated Expectations in the Gartner Hype Cycle for AI, as organizations look for ways to cut costs, link legacy applications and achieve a high ROI.
Before paying any invoice, Accounts Payable(AP) matches what was ordered (with PO) to the goods received (via GRN) to what is being charged (Invoice). The current process that has evolved over the years is very manual, paper-based and leads to delays and human errors. With Robotic Process Automation (RPA), this three-way matching can be automated removing this tedious work for the AP professionals. Here is a quick demo.
Accounts Payable (AP) professionals in most organizations process invoice manually. They receive the invoices in their Email inbox, review the same and enter the data into an invoice processing system. Most parts of this invoice processing can be automated with Robotic Process Automation (RPA). Here are a few demos with different tools.
Companies add new vendors by looking up their information and inputting them into their Invoice application. With Robotic Process Automation (RPA) these manual steps can be automated and the time to perform Vendor onboarding decreases by more than 50%. Here is a quick demo.
More than 80% of data in Organizations are in documents and forms. Digitizing this information is key to enable many transformation scenarios. Amazon Textract provides a faster, cheaper and more reliable way to digitize this unstructured data .