Prodigy’s Application of Robotic Process Automation (RPA)
Enhancing Finance and Accounting in Salesforce with OCR and RPA
The evolution of Robotic Process Automation (RPA) is particularly crucial in the aviation industry, with a specific focus on finance and Salesforce. The objective is to enhance operational efficiency, reduce manual workloads, minimize errors, and facilitate seamless integration across diverse systems, ultimately optimizing processes and driving productivity.
Prodigy specializes in streamlining trade operations, specifically when dealing with intricate Excel sheets detailing repairs and invoices from repair shops. Traditionally, managing these documents required a significant investment of time and resources across different departments.
To modernize this process, we’ve introduced a solution utilizing Robotic Process Automation (RPA), a smart automation technology that mimics human actions to streamline and enhance business processes. Our RPA system autonomously processes data from repair shop invoices, scanning and extracting information from PDFs, thus eliminating manual entry. While the robots ensure impressive accuracy, a prompt human review confirms that the totals align with expectations. This is how the Prodigy RPA Team transforms and simplifies critical processes, seamlessly handling the complexities of Excel sheets and invoices to enhance finance and accounting solutions.”
These adjustments help to refine the language for better readability and flow, ensuring a smoother transition between the broader context and the specific application of RPA in Prodigy’s trade operations.
Here’s how we use RPA to handle the processes.
Establish automation goals and assess organizational processes to identify the most suitable process for robot automation, focusing on value (savings, accuracy, quality, and KPIs/execution time). Identify key pain points for each process and document the qualified process step by step.
Evaluate qualified processes, assessing technical and commercial success factors. Develop a plan to address main pain points, estimate savings, quality KPIs, and ROI through process automation. Prioritize based on process qualifications and value.
All the nominated processes go to detailed design based on their schedule and build and detailed design.
This includes the AS IS (current state) and the TO BE (future state) designs, and all the technical aspects of the solution in detail. Read about our RPA team.
- Train & Build
Training and building are parallel processes. We teach the robot to recognize common document types like Invoices, purchase orders, and receipts, and it automatically understands new documents with the help of AI (artificial intelligence), which extracts structured content.
During the build phase, robots mimic human-like actions, utilizing input from training to execute processes accurately. They can also integrate and sync data between different systems, eliminating the need for data duplication. Learn more about how we train robots.
Migration from the AS-IS process to the TO-BE process occurs gradually by releasing the robots piece by piece, rather than implementing it all at once. This approach helps people better understand the changes and facilitates their adaptation, even to minor adjustments.
- Monitor & Analyze
Monitoring Tools and Teams.
Improved process automation also means improved data analytics all within the same platform.>
Our RPA solution does more than make accounting and accounting processes easier. It also extends out to different parts of operations. For example, it smoothly grabs and puts information into tables in Salesforce, linking systems like AvSight, Projo, and Accounting Seed. This enhances overall efficiency and ensures more thorough completion through improved business processes. Find out more about RPA at Prodigy
Reach out to our consultants
Embrace the future of finance and accounting with Prodigy’s OCR and RPA integration on Salesforce. Unlock the full potential of automation to streamline your operations, reduce costs, and empower your teams. Join Prodigy today to transform your finance department into an efficient, error-free powerhouse that drives business growth and success.
Contact Prodigy to learn more about how RPA implementation process can benefit your business.