Project Description

RPA CASE STUDY, UNATTENDED ROBOT

Automatic Annual Financial Statement Processing

  • Client: A major tax firm in Germany

  • Industry: Tax

  • Function: Accounting

  • System: UiPath, DATEV

  • Deployed Technology: UiPath RPA
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Automatische Erstellung Jahresabschluss - Automation in Tax

We use UiPath RPA to help our client in Tax advisory solve the challenges in the Accounting department. One Unattended bot was deployed to achieve high-speed automatic processing of the Annual Financial Statement. Our client not only saved an incredible amount of time from the fast and error-free report creation but was also able to free the employees from the manual, repetitive data entering tasks.

Key Result Highlights

0%

ERROR RATE

78%

FASTER

0

PROJECT DAY

0

HOURS SAVED

0

FTE SAVED

0

BOT USED

Financial report is a perfect quick-win use case for automation. It is repetitive, rule-based and rich in data. This automation is completed with 1 UiPath Studio, 1 UiPath unattended bot and 1 UiPath Orchestrator. By automating the annual financial statement process:

  • The employees no longer need to manually read and enter the data to the system

  • Thanks to the elimination of long hour manual documentation, the error rate is reduced to 0%, the rework time is avoided

  • It is much faster. The processing time is reduced from 1,5 hours per statement to 20 minutes per statement

  • The faster processing time allows our client to handle more reports and at the same time frees up employees’ valuable time to focus on more value-adding tasks.

How It’s Automated

The process starts when our client needs to create over 300 annual financial statements …

Visualized process overview: We automate the annual financial statement process with 1 robot

RPA automated Annual financial Statement Process - Automation for Tax firm
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BCH – Business Consulting House is a leading automation service provider in Germany. We offer our customers state-of-the-art technologies in combination with individual consulting. Our service is divided into three areas: Automation, Artificial Intelligence and Process Mining, where we support you in all phases according to the full-cycle approach from strategy to implementation and maintenance.

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