Transform your accounting with RPA: 3 pain points solved

Let’s dive into the three biggest pain points in accounting departments—and explore how modern solutions like Robotic Process Automation (RPA) can address them effectively.

1. Manual data entry: freeing your team for strategic work

For many accounting teams, manual data entry is a significant challenge. Recording invoices, updating spreadsheets, and reconciling accounts are not only repetitive but also prone to human error. This process consumes valuable time that could be spent on more strategic work.

The Problem

• High risk of human errors, leading to financial discrepancies.
• Time wasted on low-value, repetitive tasks.
• Frustration and burnout among employees who feel trapped in mundane work.

The Solution

RPA automates data extraction, validation, and entry, ensuring perfect accuracy. Bots can process thousands of records in minutes, enabling teams to focus on analysis, forecasting, and decision-making instead of repetitive typing.

2. Delayed financial closings

Month-end and year-end closings are notoriously stressful for accounting teams. The need to reconcile accounts, finalize reports, and ensure compliance within tight deadlines often leads to long hours and strained resources.

The Problem

• Information silos create bottlenecks, slowing down processes.
• Reconciliation errors demand rework, increasing workload.
• The constant pressure to meet deadlines results in employee fatigue and lower morale.

The Solution

RPA automates reconciliations by matching entries across systems, flagging discrepancies for review, and preparing financial reports in real-time. By eliminating bottlenecks, automation helps accounting teams close the books faster and with greater accuracy.

3. Invoice processing nightmares

Managing invoices manually can quickly become chaotic, especially for organizations dealing with high volumes. Approval delays, errors in matching invoices to purchase orders, and late payments hurt vendor relationships and create operational inefficiencies.

The Problem

• Manual workflows cause delays in approvals and payments.
• Errors in matching invoices with purchase orders lead to disputes.
• Late payments harm vendor relationships and damage company reputation.

The Solution

RPA bots handle the end-to-end invoice process: extracting data, validating information, routing for approval, and scheduling payments. Automated reminders ensure approval workflows move smoothly, ensuring vendors are paid on time and relationships remain strong.

The bigger picture: Why these pain points matter

Addressing these pain points is about more than just operational efficiency—it’s about creating a stronger, more agile finance team. Manual processes and inefficiencies don’t just slow down accounting; they impact the entire organization, causing:

• Delayed decision-making due to incomplete or inaccurate financial data.
• Increased operational costs from errors and inefficiencies.
• Missed opportunities for strategic growth due to lack of focus on high-value activities.

By adopting RPA, businesses can transform their accounting departments into strategic enablers, driving growth and value organization-wide.

At BE-terna, we specialize in tailoring RPA solutions to address the specific challenges of your accounting team. Here’s how we can help:

• Automate invoice processing, data entry, and reconciliations to eliminate manual errors and delays.
• Integrate RPA with your existing systems for a seamless workflow.

Conclusion: A smarter way forward

Accounting departments deserve to thrive—not just survive under the weight of inefficiencies. With RPA, accounting departments can move from struggling with inefficiencies to driving strategic value across the organization. Ready to revolutionize your accounting operations? Contact BE-terna today and take the first step toward transformation.