From the outside of a business, it would be hard to tell how much time and effort goes into fundamental work such as financial processes. Inside, though, there is an almost continuous effort occurring. New invoices arrive consistently and older invoices come due for payment. Managing cash flow and offering financial health insights are critical tasks, too. Today, RPA has a transformative role to play in modernizing these efforts.

Robotic process automation does more than open the door to increased productivity for finance professionals. It can remake how you work and leave frustrating problems in the past. The suitable applications can generate a positive ROI quickly while impacting how your finance teams work.

This domain is no longer only that of professional programmers. Low-code solutions from Tungsten Automation can put the power to automate processes in the hands of those who experience those workflows daily. See why that’s important and explore how your business can adopt such solutions.

The Need to Engage Your Entire Workforce

No one understands the challenges in processes like those who engage with those workflows daily. Simultaneously, professional developers can help you use data analytics to discover where processes fall short invisibly. Combining high-level expertise with on-the-ground understanding is vital to achieving better business outcomes. Tungsten RPA facilitates these outcomes with a low-code development environment.

Building software robots and automating rules-based processes is much simpler with this setup. The software’s capability to recognize specific applications or screen areas is vital to creating practical robots. With citizen developers in the loop, it’s easier to understand where you must make robotic connections between processes, data, and software. Low-code environments lead to faster outcomes so that you can tap into automation’s impacts faster.

Involving both professional and citizen developers makes more effective and valuable automation possible. What does that mean for the business?

Positive Outcomes That Stem From Innovative Automation

Low-code systems allow automation to penetrate deeper into processes. Rather than just automating high-level tasks, you can empower teams to alter workflows for their specific needs. This step can lead to the realization of several benefits:

• Fewer errors, especially those that persist deep into workflows and require extensive corrective efforts.
• Improved engagement with work and better satisfaction because of less menial work.
• Enhanced productivity. Software robots help get jobs done faster around the clock.
• More opportunities for creative problem-solving and discovering further workflow improvements.
• Better business outcomes and improved supplier relationships.

With low-code RPA, you can eliminate longstanding bottlenecks and integrate diverse systems.

Achieve Rapid and Profitable Outcomes With the Tungsten Marketplace

Low-code solutions are an excellent launching pad. However, there are other ways you can augment your efforts to increase speed towards positive results. The Tungsten Marketplace is one such option. The Marketplace is an online repository of professionally-developed solutions built on top of Tungsten technology. Here, you can find solutions ready for rapid deployment and aimed at solving specific problems.

Solutions Ready Right Now: Intelligent Document Workflow and Processing

This solution, built by Tungsten partner Lithe, is an excellent showcase of what’s possible at the intersection of RPA and intelligent automation. This document processing solution is designed to be deployable within as little as a week and can remake how your finance teams work. Its capabilities include:

• Multi-channel document processing with intelligent extraction from email, scans, mobile device sources, etc.
• Prebuilt workflows for approvals and other vital processes.
• Secure, legally compliant data handling.
• Cloud deployment options, and more.

With cloud support, you can begin deploying new workflows within days. Enhance the quality of the data reaching your teams—then empower those teams to design how they use that data.

RPA in Action: Case Studies

Tungsten is proud to have worked with many major companies worldwide on critical process transformations. Our online case studies provide an in-depth look at what we achieved with our partners. Some examples in this space include:

• Tungsten Solutions helped recruitment agency Adecco attain a 98% accuracy rate on invoice processing.
• Thermo Fisher Scientific improved AP team productivity by 37% and transformed supplier relationships with Tungsten.
• Honda Logistics used Tungsten solutions to achieve 48-hour validation on all invoices—while processing more than 100,000 invoices annually.

Explore these and other case studies in depth for more details on what you could achieve.

Explore Transformative Opportunities for Business Today

With RPA and a low-code environment, transforming financial workflows is simpler than ever. There’s no longer a need to spend months bogged down in development. Tungsten products and Marketplace solutions can help you leapfrog milestones and achieve better, more profitable outcomes sooner. Empower your company’s finance professionals to take control of their work with advanced automation and Marketplace solutions.