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Robotic Process Automation F&A | Use Cases | iOPEX

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Finance and Accounting Automation

Explore the process areas in the Finance and Accounting and strengthen your automation capabilities

Procure to Pay

Requisition Processing
  • Requisition Processing
  • Requisition Support
PO Processing
  • PO Processing
  • PO Support
Supplier Master Management
  • Supplier Master Management
  • Master And Content Mgmt.
Verification and Approval
  • Database Review
  • Preparing Activity Reports
  • Account Review
Invoice Processing
  • Receipt Processing
  • Cheque Preparation
  • Cheque Handling
  • Accounts Downloads
Discrepancy Resolution
  • Price Or Quantity Differences
  • Missing Or Invalid PO Numbers
  • Follow-up On Aged Discrepant items
  • Error Correction From Systems
  • Errors Correction From Audits Or Sites
Supplier Payment
  • Outsourcing Cheque Preparation Costs
  • Cheque Preparation
  • Cheque Handling, Sorting, and Stuffing
  • Costs Mgmt. - Including Postage And Special Mail Or Pouches
Dispute Management
  • Dispute Identification
  • Dispute Resolution
  • Dispute Escalation and Arbitration
  • Root Cause Eradication

Order to Cash

Quote Management

  • Contract And Customer Approach
  • Quote Process
  • Customer Profitability
  • Financing And Payment Methods

Order Management

  • Order Entry
  • Order Processing
  • Customer Service
  • Contract Administration

Customer Billing

  • Unbilled Management And Billing Triggers
  • Bill Calculation And Verification
  • Customized Billing
  • Credit Note Processing

Credit Management

  • Customer Segmentation
  • Customer Credit Management
  • Credit Policy
  • Commercial Interface

Cash Applications

  • Cash Posting.
  • AR Reconciliation.
  • Unallocated And Unapplied Cash.
  • Short Payments.

Collections Management

  • Collections Approach
  • Collections Activity
  • Targeting
  • Litigation and Debt Provision

Record to Report

General Ledger Accounting

  • Manual Journal Entry Processing
  • GL Reconciliation And Analysis
  • GL Reporting
  • Maintain GL
  • Maintain Accounting Policies

Intercompany Accounting

  • Domestic Originating Activities
  • Domestic Receiving Activities
  • International Originating Activities
  • International Receiving Activities
  • International Reconciliations

Cost Accounting

  • Product / Service Accounting
  • Project Accounting

Fixed Asset

  • FA Recording And Accounting
  • FA Recording And Accounting
  • FA Statutory Requirements
  • Asset Control Activities And Policies.

Recent Success


Our Client: A leading music and podcast discovery platform

Business Challenge

To automate the insertion order (IO) for auditing process which consumed most of the time for ad ops analysts to validate the order with multiple platforms. Also verifying the campaign orders against the IO was causing additional challenges.

iOPEX Solution

iOPEX built a bot to access the IO received from the client for the order management system. Verified all the campaign order details against the campaign available to match the order. The bot also verifies the billing checklist for matching and moved to queue. Any exceptions were routed back to the ops team.

Results Delivered

  • Productivity increase by 25x, - 300 to 400 orders per day.
  • 87% efficiency gain, 30 mins per order got reduced to 4 mins.
  • Current IO audit extraction & processing accuracy is at 70 to 80%. 
Get in touch

Let's Discover your Automation Adoption Potential in the F&A Function