As organizations grow, there is increased need for Finance Transformation and its automation. It aims at reducing manual Laboure by digitizing as many jobs as possible, and setting up a series of workflows using technology to trigger pre-defined steps. The pace at which technology is evolving, finance automation is no longer a distant possibility, but already a current day reality.
Robotic Process Automation (RPA) enable processes to run automatically, safely store centralised data, and achieve governance as per set design. This can help to achieve better result on parameters like: timeliness, accuracy, repetition, and retrieval of data. Day-to-day back-office function like accounts payable, accounts receivables, working capital management, taxation compliance, payroll processing, accounts reconciliations, vendor management, accounting and project monitoring, etc can be shifted to digital workflows.
ValueAxis Advisors can hand-hold your organization to stay ahead of the curve and accelerate your growth through automation and digitization of finance processes. There are multiple ready tools/ software specific to each process, which can be seamlessly deployed and closely integrated to work cohesively. Intelligent dashboards, pre-defined MIS, flagging of alerts, deviation management, efficiency trackers, KPI based management can help you remain competitive in the market. Some of the automation areas where our team works with selected channel partners include:
- Tax Technology for GST returns and Input Credit reconciliations
- E-Invoicing, E-Way Bill, Vendor Management tools
- Automation of Direct Tax compliances
- Statutory Compliance Automation
- Deployment and monitoring of (RPAs/ Bots) for back-office and shared service centres
- Implementation of centralized console for the entire Automation and AI solutions in real-time