HyperHack-2023 - Automation Procure to Pay
Use Case Description
This use case delves into the seamless automation journey of invoice and supporting document processing within the accounts payable department, leveraging the cutting-edge Document Understanding technology in UiPath. As a dynamic solution, it efficiently extracts crucial information, including dates, reference numbers, totals, and more, from incoming emails containing invoices and supporting documents.
Through the proficient implementation of UiPath’s document understanding capabilities, this automated process ensures unmatched accuracy and reliability, mitigating the risk of errors and freeing up valuable human resources. The extracted data is meticulously organized and seamlessly stored in Excel, streamlining data management and enhancing data accessibility.
Subsequently, this robust data is harnessed to optimize the SAP integration, enabling flawless execution of key transactions such as MIRO, FB08, and others. The real-time synchronization of data with SAP empowers businesses to effortlessly manage their financial processes, expediting the accounts payable workflow and fortifying financial compliance.
Harnessing the power of this end-to-end automation, the extracted data from SAP becomes an invaluable reference, flawlessly populating the payment template for the bank by treasury department.
AS-IS WORKFLOW, TO-BE WORKFLOW
Other information about the use case
Industry categories for this use case: Finance
Skill level required: Advanced
UiPath Products that were used: UiPath Studio, UiPath Document Understanding, UiPath Orchestrator
Other applications that were used: Outlook, SAP, Excel
Other resources: -
What is the top ROI driver for this use case?: Accelerate growth and operational efficiency
rlgandu
mkankatala
ashokkarale
postwick
Yoichi
Anil_G
Parvathy
avejr748
lrtetala
MF.RPA