Manual Bank Reconciliation Automation
India’s Largest Air Conditioning Company
Business Challenge And Scope
- Customer has more than 40 bank accounts across India.
- For each bank account, bank sends the bank statement on a common email id.
- 1 FTE, downloads the statement, prepares in excel and upload in SAP for reconciliation
- It’s a time consuming process with 20 man days effort per month.
Solution
- We developed bots using Automation Anywhere enterprise.
- The bot downloads the file from email to a common folder
- Using smart recorder, recorded the process of downloading of file, converting it into SAP uploadable format
- Using smart recorders recorded the process of creation of accounting entries in SAP.
- Once statement is uploaded a automatic mail triggered to user to clear unreconciled items.
Key Accomplishments
- Deployed bot in two months for end to end process
- Reduction 20 man days to 2 man days effort
Our Clients
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