In the era of digital transformation trends, the application of technology, automation of accounting processes by robots (RPA) is an important and inevitable solution to simplify business operations. Follow Bizzi's article below to better understand how RPA technology is applied to the invoice processing process!
1. RPA . Technology – What is robotic accounting process automation?
Robotic Process Automation (RPA) is a software technology that helps businesses easily build, deploy and manage business operations using software robots through data collection.
RPA will simulate frequently repetitive operations and replace humans handling digital tasks such as interpreting, activating or communicating with applications and systems.
Like humans, RPA software robots can do things like read information on a screen, enter data into systems, identify and extract data, and perform a series of set actions. However, the outstanding advantage of software robots is the ability to process extremely quickly only 10s / each invoice with continuous working time 24/7/365.
2. How has RPA technology changed business processes?
When businesses apply RPA technology, the robot will perform cognitive processes such as interpreting text, engage in conversations and conversations, and apply advanced machine learning models to make complex decisions. Robots perform high-volume repetitive tasks, humans are free to focus on what they do better and create more value such as innovation, creativity, and customer engagement. .
3. Bizzi's RPA technology in invoice processing – speeding up businesses on their digital transformation journey
Along with the development of modern technology, businesses are increasingly focusing on the benefits that digital transformation brings. Understanding the needs of the market, especially the issue of automation in the invoice processing process for businesses. Bizzi applying RPA . technology (Robotic Process Automation) with mission supporting businesses to speed up operations in the invoice processing process, which takes a lot of time and manpower.
In the field of Finance and Accounting, RPA technology is considered a gravet effective solution helping businesses solve outstanding problems in the process of processing invoices, optimizing processes, minimizing human resources for businesses. Specifically, automating the accounting process INPUT INVOICE PROCESSING.
RPA automatically takes input electronic invoices. Then check and compare the validity of the invoices. Finally, the accounting department only needs to check and approve to automatically transfer the data into the ERP accounting software.
The application of RPA in automatic invoice processing brings meaningful numbers to businesses:
- Save 50% cost for human resources
- 80% reduction of manual time
- Limit the risk of errors with accuracy up to 99.9%
4. Benefits of Bizzi's RPA technology- Automating the accounting process with robots
By automating the accounting process by robotics, Bizzi's RPA technology optimizes workflow, helping businesses increase business productivity, flexibly deploy personnel, and save 80% time. time
- RPA can help many kinds branch Different people solve their specific operational problems in new and powerful ways e.g. retail, tax & accounting, logistics, etc.
- RPA improved procedure work, delivering higher throughput, faster throughput and fewer errors with up to 99.9% accuracy for traditional processes like manual input errors
- IT executives find that RPA can be done continuously with little interruption Bizzi bot operates 24/7 even during holidays
- Employees of Bizzi's RPA technology business find it easy to incorporate Bizzi's accounting assistant into their workday and build automations that simplify work and reduce costs load their working pressure.
RPA technology has become a key driver for digital transformation. Currently, Bizzi's RPA technology - automating the accounting process by robot is being applied to accountants' invoice management. In addition, Bizzi owns ISO 27001 information security certification to help businesses feel secure to use and optimize business activities.
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