Putting Robots to Work

June 2, 2019
< 1 Minute Read

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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