Automate and speed up monthly finance process with intelligent bots
Our smart bot built in SAP BTP process automation technology allows you to automate the monthly customer-clearing process by looping through multiple company codes and associated accounts, clearing the balances rapidly.
Overview
Save 500 hours of work every year
Speed up the overall financial housekeeping process and efficiently handle the massive backlog of customer open items through automation of the monthly clearing process to save up to 500 hours of work annually.
Deploy our ready-to-use bot
Ensure faster deployment time with our pre-configured, flexibly designed bot with user manuals and knowledge transfer on how to use or maintain the bot in production.
Maintain 100% transparency with end-to-end visibility
Achieve high visibility of the entire clearing process in one place, with better tracking of open items through comprehensive reports and e-mails to ensure better control over the workflow process.
Details
Solution type
Extensions and Add-ons
Industry
Cross-Industry, Oil, Gas, and Energy, Utilities, Wholesale Distribution, Chemicals
Compatibility
Works with
Features
Schedule out-of-office hours
The automation can be triggered based on a preconfigured schedule, which will carry out the end-to-end clearing process during out-of-office hours in the background and issue reports to multiple users once completed.
Maintain an up-to-date ledger
The automation bot can undergo repetitive auditing tasks, applying multiple instances of business logic before clearing monthly open items, maintaining an up-to-date ledger, and helping the team to focus on higher-value tasks.
Close multiple open account items
The in-month financial clearing bot can loop through multiple company codes and associated accounts, along with clearing the balances rapidly and sending a list of both cleared and non-cleared balances to authorized users.
