Automated reconciliation solution for a business consultancy based in Kuwait

10xDS developed an automated solution for reconciling sales statements with bank statements for Financial Advisory service provider for their clients. BOT picks up supplier statements and bank statements from a document management system and conducts the reconciliation base on date, description and price.

BOT further prepares a reconciled file with discrepancies highlighted and uploads the reconciled file to the internal web tool used by the end client. The company has embraced RPA to increase the accuracy of their reconciliation services and to expand their business volume by automating finance related tasks.