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To the Power of Human

Putting Robots to Work

Jun 2, 2019 |
mins Read

Client

A Fortune 500 global SaaS company

Our client needed a solution to automate their monthly account reconciliation process to accelerate their close, increase productivity and improve accuracy.

To optimize the human workforce, RGP – along with our technical alliance partner – designed and developed an innovative virtual workforce solution to automate thousands of monthly reconciliations across multiple geographies.

What We Did

  • Designed a robotic process automation (RPA) solution with a human-first approach.
  • Automated reconciliations using a virtual workforce to complete manual and repetitive tasks.
  • Identified additional workflows that could be automated, optimized and standardized.
  • Let accountants retain control over how and when reconciliations are prepared.

Impact

  • Harnessed the power of client collaboration to implement a solution that increased account reconciliation from 50% to 95%.
  • Increased capacity for accountants to engage in more valuable analysis work.
  • Reduced time to complete month-end reconciliation by reconciling over 4,000 accounts in less than half a day.
  • Improved accuracy and positively impacted financial reporting metrics with an adaptable solution.
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Client

A Fortune 500 global SaaS company

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