RPA solutions for accounting
RPA solutions for accounting
Automate your repetitive and time-consuming accounting workflows, streamline operations, and unleash the true productivity of your team.
5/5 CLUTCH VETTED:
PROVEN RPA DEVELOPMENT PARTNER
RPA solutions for accounting
Automate your repetitive and time-consuming accounting workflows, streamline operations, and unleash the true productivity of your team.
5/5 CLUTCH VETTED
PROVEN RPA DEVELOPMENT PARTNER
Auditing and Compliance
Optimize the auditing process with RPA. Automate compliance checks by verifying transactions against regulatory requirements, ensuring financial records are accurate and in line with regulations.
Reconciliation and Reporting
Automate the reconciliation of financial statements, bank accounts, and transactions, identify discrepancies between different data sets, and generate accurate reports.
Invoice Processing and Accounts Payable
Streamline the end-to-end process of invoice processing. RPA bots can receive invoices, validate them against predefined rules, initiate approval workflows, and update payment information. This accelerates the process and reduces the chances of payment errors and delays.
Data Entry and Management
Automate the tedious and error-prone task of data entry. It can extract information from various sources, such as invoices, receipts, and bank statements, and accurately populate accounting systems. You’ll minimize human errors, enhance data accuracy, and save time for accountants to do more analytical tasks.
Financial Closing and Reporting
You can expedite the month-end and year-end closing processes. RPA gathers data from various sources, reconciles accounts, generates financial statements, and distributes reports to stakeholders.
Typical accounting processes we automate:
Invoice Processing
Expense Report Management
Bank Reconciliation
Accounts Payable
Accounts Receivable
- Invoice Processing
- Expense Report Manageent
- Bank Reconciliation
Accounts Payable
General Ledger Entries:
- Financial Reporting
- Payroll Processing
Fixed Asset Management
Financial Close Process
50%
of all accounting tasks can be automated (McKinsey)
$16+
can be saved in accounts payable per invoice with automation (Statista)
45%
of reporting, planning, and strategic work can be automated (McKinsey)
Why RPA for accounting?
Accounting departments and companies are the perfect playground for RPA automation, with their repetitive workflows, vast sets of data, and lots of manual-dependent labor.
Increased Efficiency
Automating repetitive tasks like data entry and reconciliation speeds up accounting workflows, improving overall efficiency.
Decreased operational costs
By reducing manual effort, RPA lowers operational costs associated with repetitive accounting tasks.
Higher Team Satisfaction and Strengthened Strategic Focus
By automating mundane tasks, accountants can focus on higher-value activities such as analysis and decision-making.
Compliance Assurance
RPA follows predefined rules and audit trails, ensuring adherence to regulations and consistent compliance.
Enhanced Accuracy
RPA minimizes human errors in data entry, calculations, and reconciliation, ensuring accurate financial records.
Seamless Integration
RPA can integrate with existing accounting systems, making implementation and process improvement smoother.
Automating repetitive tasks like data entry and reconciliation speeds up accounting workflows, improving overall efficiency.
By reducing manual effort, RPA lowers operational costs associated with repetitive accounting tasks.
By automating mundane tasks, accountants can focus on higher-value activities such as analysis and decision-making.
RPA follows predefined rules and audit trails, ensuring adherence to regulations and consistent compliance.
RPA minimizes human errors in data entry, calculations, and reconciliation, ensuring accurate financial records.
Test RPA – no strings attached!
Not sure if RPA can bring change to your accounting operations?
Let us build a trial automation of one of your accounting processes; if you don’t like it, you won’t pay a dime!
They were thorough and never miss anything. Further, they are always available and willing to step in if issues arise. Very agile, lightweight processes which we love because it made the project go faster
We saved 100k in manual effort and, by shortening onboarding time, we stand to increase revenue by $1m.
Heather Maitre
Managing Partner at Mystic River Consulting
They were thorough and never miss anything. Further, they are always available and willing to step in if issues arise. Very agile, lightweight processes which we love because it made the project go faster
We saved 100k in manual effort and, by shortening onboarding time, we stand to increase revenue by $1m.
Heather Maitre
Managing Partner at Mystic River Consulting
Why Flobotics for accounting automation with RPA?
Why Flobotics for RPA development?
The automation you can afford
Thanks to our competitive rates, we can build cost-efficient RPA automation and maximize your ROI starting from the development phase.
Top RPA consultants
Our battle-proven consultants are sourced from the “Big Four” of accounting: PwC, EY, KPMG & Deloitte, and combine extensive technical and business expertise.
We will work with all your apps and systems!
Regardless of your tool stack, we can automate it and build full interoperability between your systems, including legacy and API-lacking situations.
Compliance and security
Compliance with ISO, SOC2, current IRS requirements, and other regulations is at the core of our automation.
5/5
Clutch review based on 24 reviews
350%
Average ROI increase from a single automation
100+
Successful RPA implementations
Read how we automated accounting processes:
Mystic River Consulting:
automating a tax return process for a debt relief program
automating a tax return process for a debt relief program
How to automate the process of filing tax returns, which translated into 2,000 hours of manual labor and over $100K in savings.
Cohen:
automating invoice processing & freeing up the time of 2 FTEs
automating invoice processing & freeing up the time of 2 FTEs
How to automate three different invoicing processes and save 320 hours of manual human work monthly?
Proven RPA services for accounting:
I found their knowledge and expertise in the RPA industry to be top-notch. They have been excellent at communicating with me and the team, have been able to provide updates on cost estimates, and have consistently stayed on track with the budget we allocated for the project.
I found their knowledge and expertise in the RPA industry to be top-notch!
Chris Ang
CEO & CTO at Cognillo
They continue to be responsive and helpful, even when we don’t have an active project with them. One of our platforms pushed an update that broke one of our bots, and Flobotics jumped in and made the modifications needed to get us back up and running within 24 hours.
We'll never engage another partner for RPA work. We've found our partner for life!
Zac Swartz
COO at AmeriMac Appraisal Management
I really enjoyed working with them because they made it easy to communicate and work towards the goal. I always felt like they were doing their best and not holding back. I’d be happy to work with them again if I need further automation.
I’d be happy to work with them again if I need further automation.
Igor Beylin
Owner & CEO at Universal Commodity Services, Inc
Their availability was impressive. They worked through the middle of the night during a weekend to get it done for us. This project wouldn’t have been possible without that access.
It was a large return on investment.
David Clifford
CSO of Tectonic Financial
They delivered a holistic solution that worked exactly the way we needed it to. We had a very aggressive timeline, and they still met their deadlines and remained on budget. It was a quality product that met the project scope.
They were willing to go above and beyond to meet our needs.
Mary Washburn
Senior Manager at Cohen&Company
Our publications about RPA for accounting
Why Should You Consider Automating Your Accounting Processes?
Filip Nasiadko | 14 Oct 2022
Many accounting tasks are performed manually or semi-automated, being quite tedious and straightforward. RPA solutions remove many of the risks involved in their execution.
A Day Ahead, Not a Single Dollar Short: a Quick Guide to RPA in Payroll
Michal Rejman | 20 July 2023
Let’s investigate the technology, its benefits, payroll processes that can be automated, and examples of companies that thrive thanks to RPA in payroll.
How Is RPA Disrupting The Banking And Finance Industry
Filip Nasiadko | 22 Jan 2022
Read about the top reasons why RPA and banking & finance work together well, where it is better to apply automation and learn real use cases.
Bring Robotic Process Automation to your company and automate your accounting.
Schedule a free consulting session with our accounting automation expert.