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LEADERS IN BUSINESS PROCESS AUTOMATION   |  +61 2 8228 6600

The power of RPA + CDA in invoice management

Robotic Process Automation (RPA) + Cognitive Document Automation (CDA) is driving ROI across many industries such as finance/ accounting, insurance, government, logistics and healthcare.

Overcome the complex data capture challenges with the powerful combination of RPA and CDA – a one-two punch that incorporates AI and software robotics.

There are three stages to intelligent information capture: Acquire, Understand and Integrate. A comprehensive RPA + CDA workflow allows organisations to:

  • Acquire data from unstructured documents (such as paper, fax and mobile devices) or access electronic data (such as databases, websites and portals).
  • Extract, aggregate and transform this data into intelligent, business-consumable content required by downstream processes and systems.
  • Deliver the transformed data to systems and processes as per required.

 Intelligent Digital Workforce - Invoice management RPA and CDA

Source: Kofax eBook - Your Intelligent Digital Workforce: How RPA and Cognitive Document Automation Deliver The Promise of Digital Business

Use Case - Invoice Management:

Before RPA + CDA

Vendor relationships are often strained due to delayed time and lack of vendor self-service options.

The power of RPA + CDA

RPA reaches out and downloads invoices and other documents from partner portals.

CDA uses document capture and transformation to read the documents, categorise, add to workflows and send to employee’s approval.

RPA then completes the process by integrating the documents and data with an ERP; automating this process speeds time to payments.

Want to learn more? Download Kofax eBook - Your Intelligent Digital Workforce: How RPA and Cognitive Document Automation Deliver The Promise of Digital Business

 Version 2 Contact us or Request a demo - Powerful Digital transformation platform 

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About Xcellerate IT

With over 21 years of knowledge and experience in Business Process Automation, Xcellerate IT is a leading Australian provider of powerful digital transformation software, providing innovative solutions to transform and automate information intensive business workflow and robotic processes, across both back and front office operations. 

We are proud to have completed projects for over 100 Australian customers. These projects have assisted our customers to embrace the future by offering compliant, transparent and structured processes that meet their individual needs. Xcellerate IT's solutions have powered corporations across various industries including manufacturing, finance, local and state government, education, healthcare and a wide range of companies. 

For more information please head to our new website or contact us for further information.
Phone: +61 2 8228 6600
Email: info@xcellerateit.com
Address:
Level 2
73 Walker Street
North Sydney NSW 2060
AUSTRALIA

 

14 Jan 2019
Author: Snehal Tandel
Comments: 1

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Xcellerate IT

Xcellerate IT is a leading provider of business process automation solutions. Our document capture and workflow solution compliments and seamlessly integrates with major business applications, empowering organisations to increase productivity and organisational effectiveness by decreasing manual processes.

Get in touch with one of our Business Process Specialists who will work with you to clearly understand your requirements and identify a solution tailored to your business needs.

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