Atul Infotech has designed a sophisticated accounts payable automation solution to streamline the invoice processing and integrate seamlessly with Oracle e-Business Suite. Leveraging the power of Robotics Process Automation by UiPath and ABBYY Flexi Capture OCR technology, this solution transforms the way accounts payable teams handle and process invoices, enhancing efficiency and accuracy across the board.
Key features and benefits
- Automated invoice identification: Our solution accurately identifies and extracts data from a wide a variety of invoice formats using ABBYY FlexiCapture OCR. This advanced optical character recognition technology ensures that even complex or poorly scanned invoices are processed with high accuracy.
- Seamless data extraction: Once the invoices are identified, data extraction is performed with precision. Key details such as invoice number, date, amount, and vendor information are captured and organised systematically
- Efficient data processing: The extracted data is then processed through UiPath RPA. UiPath automates the entire workflow, from data validation to entry, reducing the need for manual intervention and minimising the risk of errors
- Oracle EBS integration: the final step involves integrating the processed invoice data into Oracle E-Business Suite. Our solution ensures that all invoice data is accurately entered into the ERP system, facilitating seamless accounting and financial operations
- Enhanced accuracy and speed: By automating repetitive tasks and leveraging advanced OCR technology, the solution significantly reduces processing time and increases accuracy. This leads to faster invoice approvals and payments, improving overall financial management.
- Scalability and flexibility: Designed to handle varying volumes of invoices, our automation solution is scalable and adaptable to meet the evolving needs of your accounts payable team. Irrespective of the number of invoices you are processing, our system maintains high performance and reliability.
Why choose our solution?
Our accounts payable automation project combines the best of UiPath’s RPA and OCR capabilities of ABBYY FlexiCapture to deliver a robust, efficient, and error-free invoicing process. By integrating seamlessly with Oracle EBS, we provide a comprehensive solution that not only automates routine tasks but also enhances data accuracy and operational efficiency.
This innovative approach to invoice processing helps businesses reduce operational costs, improve financial accuracy, and accelerate the processing time, all while freeing up valuable resources for more strategic tasks.