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.
This repetitive and time-consuming process is usually inefficient and takes up valuable time. Robotic Process Automation (RPA) can automate most parts of this invoice processing.
Here are a few demos with different RPA tools.
This first demo uses Uipath to take invoices from pre-designated folders and enters the same in SAP.
This demo uses the Softmotive RPA, one of the less costly RPA tools to process the invoices for approvals.
Hope this gives you a sense of how RPA can automate this Accounts Payable process in Finance.
