Implementation of robotic processes automation in finance not only eases the routine work but helps to explore new opportunities. It makes the business processes easier, simpler, and accurate. Automating tasks aids businesses to optimize technological costs, reduce compliance backlogs, maximize productivity, and scale-up workflows. Read More: https://vocal.media/journal/top-5-rpa-use-cases-in-finance-driving-overall-business-growth

1. RPA USE CASES IN FINANCE

2. Introduction
RPA Use Cases in Finance
 Client Onboarding
 Accounts Reconciliation
 Financial Planning and Forecasting
 Automatic Report Generation
 Tax Reporting
AGENDA
1
2
3
5
3 Conclusion

3. Robotic process automation in finance
enables companies to reach operational
excellence without sacrificing time and
quality. It adds value to the business growth
by streamlining the processes and scaling
up the workflows.

4. TOP 4 RPA USE CASES IN FINANCE
Client
Onboarding
Accounts
Reconciliation
Financial Planning
and Forecasting
Automatic
Report
Generation
Tax Reporting

5. Robots gather all the relevant
information through an OCR tool,
extract data and match it with the
information in the file, and present a
report to the compliance manager, thus
facilitating them to make an informed
decision.
CLIENT ONBOARDING

6. RPA in finance can check the
transactional data collected from different
sources and automatically approve all the
matching orders.
ACCOUNTS RECONCILIATION

7. The figurative bots can efficiently execute
tasks like processing historic data,
collecting and reconciling all the financial
statements collected from different
departments and creates variance reports
as well as financial trend forecasts out of
them.
FINANCIAL PLANNING AND FORECASTING

8. The figurative bots can easily take over the
task of maintaining profit and loss reports
and generate them in real-time while
minimizing the risk of inaccuracies and
human errors.
AUTOMATIC REPORT GENERATION

9. RPA bots can efficiently execute tasks
such as preparing reports, gathering data,
calculating the tax payable, or submit
filings to tax authority portals.
TAX REPORTING

10. CONCLUSION
Robotic process automation has eased the operations of the
financial services companies by aiding the routine functions
of the industry. It makes processes accurate, simpler, and
faster.

11. THANK YOU
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