Putting Robots to Work

A Fortune 500 global SaaS company needed to automate their monthly account reconciliation process to accelerate their close, increase productivity and improve accuracy.

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.