Drive efficiency and cost savings by using UiPath’s RPA Platform to automate invoice processing in SAP
On 13th May, AG, who are both SAP and UiPath Gold Partners, will be hosting a webinar to demonstrate how UiPath’s Enterprise RPA Platform can remove manual effort from invoice processing. According to a research report by Aberdeen Group, it takes companies between 4.1 and 16.3 days to process an invoice from receipt through to payment approval. Our estimate suggests that this time effort can be reduced by 90% and the manual effort can be limited to 10% by using UiPath’s RPA platform.
This results in reduced labour costs, improved data accuracy and increases the overall efficiency of the accounts payable function. With digitisation and automation rapidly becoming an accelerator and enabler of optimised business processes, UiPath’s solution offers a proven method to achieve this in a function that is often still heavily reliant on manual human involvement.
What is UiPath’s Enterprise RPA Platform?
UiPath, the RPA market leader according to Gartner and Forrester, is currently transforming more than 6000 customer businesses by enabling them to embrace the benefits of hyper-automation and digital transformation. It uses robotic process automation (RPA) and artificial intelligence (AI) to streamline millions of daily tasks, leading to efficiency gains, greater productivity and improved employee satisfaction. In developing and implementing the solution, UiPath is encouraging businesses to take an ‘automation first’ approach to how they manage and execute workflows.
UiPath’s Enterprise RPA Platform connects every stage of the automation lifecycle, from using AI to discover opportunities for task automation to measuring and reporting on performance. This platform is designed to be deployed rapidly, allowing businesses to see a quick ROI and realise tangible benefits from automation. To assist with this, UiPath offers installation support, training throughout and a network of integrated partners.
As the webinar will show, using UiPath’s RPA technology within SAP can greatly increase the efficiency of tasks such as invoice processing. By leveraging this technology businesses can accelerate operational agility and strategize for success.
How does UiPath’s platform automate invoice processing in SAP?
Many companies either outsource invoice processing or dedicate considerable internal resources to the task. An RPA platform for invoice processing replaces these with robots that can automate data input and streamline processes. Robots can be programmed to work autonomously or within a framework determined by the company. Businesses can control as much or as little as required with RPA, making this solution highly scalable and flexible that enables companies to significantly reduce invoice processing times and drive efficiencies.
UiPath’s platform gives you the opportunity to automate and streamline the end-to-end invoice journey in SAP, from PDF (or scan) through to full invoice posting in SAP MIRO and beyond. The benefits of automation are particularly useful for organisations who process high volumes or require scalable flexibility for invoice processing. The software allows you to train the robots where exception or error handling can be refined over time to increase the processing success rates without needing specialist human oversight.
All automated tasks are managed within UiPath Orchestrator which is a centralized robot management dashboard. This provides users with instant transparency and control, meaning ROI can be tracked alongside company-wide standards being quickly enforced.
AG’s webinar: Automation of Invoice Processing for SAP
The webinar will show how AG’s SAP & RPA expertise results in a solution that offers tangible cost savings and accelerates finance transformation.
Attendees will first be given an overview of UiPath’s product suite; followed by a demo on invoice processing and UiPath’s pioneering Automation Hub which helps you identify and validate potential use cases. AG will also touch on many other use cases for automation within SAP.
To transform your approach to invoice processing in SAP, join the webinar on 13th May by clicking this link.