Excerpt from the eBook
Unifying IT and Finance: Embracing Intelligent Apps for Corporate Finance
Embrace a New Era in Finance Automation
If you’re ready to implement an effective, affordable Intelligent App solution for finance that automates the manual, repetitive tasks and processes of the AR and AP departments, it’s time to meet Auditoria.AI.
Auditoria.AI helps finance and accounting teams by accelerating the delivery of critical financial insights, assisting in rapid decision-making, reducing DSO, and automating repetitive, error-prone manual tasks.
Our AI-enhanced technology deploys workflows using discrete, pre-packaged, purpose-built accounting applications called SmartFlow Skills to perform a wide range of critical finance office functions automatically.
Meet Auditoria SmartFlow Skills
Auditoria SmartFlow Skills execute unique finance use cases using Intelligent Apps based on Advanced AI, Machine Learning, and Natural Language Technology (NLP, NLU, and NLG). They are the finance industry’s first-ever purpose-built SaaS application that combines intelligent, cognitive automation and multi-stakeholder collaboration into a single user experience.
Each SmartFlow Skill intelligently automates complex finance workflows while collaborating and engaging with an organization’s customers, suppliers, vendors, and internal stakeholders. The SmartFlow Skills are sufficiently “intelligent” to make decisions and perform various tasks without human intervention. They are also smart enough to get humans involved when needed for approvals, dispute resolution, exception handling, and relationship building and other actions.
The SmartFlow Skills are sufficiently “intelligent” to make decisions and perform various tasks without human intervention.
For AR and AP departments, Auditoria’s SmartFlow Skills use the embedded Intelligent Apps to infer semantic meaning from unstructured, often complex, and ambiguous communications and data. This capability allows SmartFlow Skills to complete various finance business tasks, effectively providing cognitive skills that, until the recent past, had been solely a human domain.
Automating tasks such as inbox monitoring and responding, collections processes, and routine payment tasks, the various SmartFlow Skills give back to AP and AR teams invaluable work hours.
Auditoria SmartFlow Skills also significantly improve the efficacy of existing RPA, as Auditoria embeds traditional unattended RPA within Auditoria’s Intelligent Apps. When coupled with RPA, Auditoria’s SmartFlow Skills integrate into legacy applications and external third-party systems to query and process information, extract data, and provide updates to vendors and customers. For organizations, this means fewer errors and more straightforward maintenance.
Auditoria SmartFlow Skills also significantly improve the efficacy of existing RPA, as Auditoria embeds traditional unattended RPA within Auditoria’s Intelligent Apps.
Additionally, SmartFlow Skills use RPA and OCR coupled with more advanced technology to close the loop and refresh data within external applications to keep all critical systems updated with the latest information. Data is reconciled back to existing systems of record to maintain data integrity.
With Auditoria SmartFlow Skills powered by Intelligent Apps, your enterprise has the potential to slash mundane, repetitive, and error-prone manual processes replaced by intelligent, autonomous tasks and analytical execution. Your AR and AP departments now have the time to focus on achieving more impactful business objectives, such as further enhancing customer and vendor service and accelerating financial KPIs, such as cash flow performance, elevating individual finance work and, ultimately, the entire organization.
The Benefits of Auditoria’s Integration Layer
Today, it’s clear that RPA, OCR, and other older legacy technology alone are insufficient for tackling the complex business of accounts receivable and accounts payable. Instead, harnessing the full power of automation is derived when an AI-powered SaaS solution enhances existing RPA and OCR tools, ERPs systems, and other systems of record, filling the gaps and delivering more value for the organization through Intelligent Applications.
Auditoria integrates seamlessly with your systems of record to provide additional functionality in a multitude of ways, including:
- Ingestion and normalization of data
- Intelligent identification of financial data
- Submission status updates
- Status retrieval and update
- Sophisticated data resubmission mechanism
- Comprehensive reconciliation to ERP
Cost-effective, flexible, and easy to use, Auditoria is the automated, AI-powered Intelligent App for finance that drives immediate ROI for the AR department, the AP department, and your entire financial organization. Automating routine, manual financial tasks and processes, boosting employee productivity, and improving customer service—that’s Auditoria.
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