Robotic process automation (RPA)
Using intelligent software in your company can make many tasks quicker and more robust, particularly repetitive manual tasks. Automation – using technology such as RPA – reduces the rate of errors and costs caused by time delays or rework activities. RPA also creates extra capacity because your employees are no longer tied up by monotonous, time-consuming activities of your processes; instead, they are free to use the time saved by RPA to deal with more urgent tasks. Our experts are here to help you throughout your journey towards implementing RPA. This includes examining and comparing providers and solutions, conducting a feasibility study, undertaking testing, implementing the solution, monitoring its performance and embedding the new solution into your existing compliance structure.
Artificial intelligence (AI) and machine learning
As well as RPA and tool-based workflows, we also use AI and machine learning to enable digitalisation of your more complex finance function activities. Our Accounts Payable 4.0 solution, for example, can automatically assign and post non-PO invoices. Powered by an algorithm, a neural network automatically learns how to generate posting information and post invoices based on analysis of big data and interactions with your accountants.
Purchase to payables excellence
Purchase to payables excellence is a series of carefully selected digital solutions and services which enable a high level of automation in accounting. In particular, they can help with tasks that currently take up a lot of your capacity. Our solutions are designed to make your daily accounting work easier, taking an end-to-end look at all your processes which might include e-invoicing or company-wide introduction of invoice management tools.
Benchmarking and KPI management
Many business owners, particularly in family businesses or middle market companies, are sceptical as to whether investing in digitalisation and automation will really make their business more competitive. We’ve frequently found that administrative functions are becoming increasingly important for our clients, and many clients want to assess their flexibility and competitiveness. We’re also often asked to evaluate our clients’ ranges of products and services in terms of available resources and costs involved – so that these can be optimised.
We can offer a wide range of benchmarking and KPI management services for all these issues and more.
Digital controls
Our digital controls team has many years of expertise in governance, risk management and compliance (GRC), and combines this knowledge with innovative technological trends to help you develop an internal control system (ICS) fit for the future. Digitalising your ICS includes automation of control activities using the latest RPA/AI technology and ICS software, continuous monitoring of the ICS across your company to identify anomalies as soon as they occur, and using process mining to closely examine company processes for weak points. The extra information this provides enables you to realize considerable cost savings, increase the quality of controls and better monitor risks.
