Challenges
- The current process is tedious and time consuming
- Minimal value add
- Introduces compliance risk
Solutions
- Tysers worked with ADROSONIC to automate this process utilizing RPA (Robotic Process Automation), Leveraging technology from market leader UlPath. The solution automatically sweeps bank accounts twice daily and enters payments into Tysers’ finance system. This shortens processing time and frees the Tysers team to allocate funds faster (for example, for revenue recognition!). In addition, bank receipts are automatically downloaded to a SharePoint site, further reducing the need to log into bank accounts and download information manually.
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"ADROSONIC enabled Tysers to leverage technology to solve an important business problem, reducing risk and cutting time spent by our team on a tedious manual process.
Martin Elton, COO, Tysers
