Validation and potential deactivation of creditors in Financial Program

[SorenB]

Validation and potential deactivation of creditors in Financial Program

Use Case Description

The Danish CVR Register consists of information regarding companies in Denmark.
They offer an API where you can lookup one or more CVR numbers (company identification numbers) at a time, and get general available company information as a result.
Among the available information is the current ‘Status’ of the company, eg.: Active, Normal, Bankruptcy Pending, Bankruptcy etc.

This use case addresses companies that want to keep their register of known creditors up-to-date and want to avoid trading with other companies with an ‘unwanted’ status, eg. bankruptcy.

The robot exports the known creditors from the company’s financial system and uses the CVR Register API to lookup their current status.
If the creditor has an ‘unwanted’ status, the robot deactivates trading with the company in the financial system.

As a final step the robot sends an email to the SME('s) with a repport of deactivated creditors.

AS-IS WORKFLOW, TO-BE WORKFLOW

Other information about the use case

Industry categories for this use case: Finance, Universities Academy, Public Sector

Skill level required: Intermediate

UiPath Products that were used: UiPath Studio, UiPath Orchestrator

Other applications that were used: Microsoft Dynamics

Other resources: -

What is the top ROI driver for this use case?: Minimize risk and ensure compliance in operations