An efficient and properly functioning accounting department facilitates the company’s proper functioning, builds financial and operational liquidity, and improves the enterprise’s competitive position. However, it requires quite a bit of experience and knowledge regarding financial and accounting scope, laws, and tax regulations.
Put your accounting in the hands of professionals. We have been working for companies and institutions of various sizes for over a dozen years: from non-profit organizations and small businesses to listed capital groups. We book all economic operations, prepare periodical reports and financial statements. We ensure continuity of the acquired processes according to the concluded SLAs and agreed KPIs. We streamline the service using process management, document digitization, automation, and OCR technologies. Our employees are competent and knowledgeable in accounting, taxation, and process management.
Using OCR to read documents will provide faster and more timely accounting services. Specialist support in the process of document verification and handling guarantees data accuracy and elimination of errors.
What are the benefits of OCR in accounting?
The situation at the beginning:
A client from the service industry who processes a large volume of accounting documents, such as bank statements to be posted. They handle the accounting processes in a traditional way with high labor intensity – without implementing technological solutions to streamline the processes. Additional challenges for the client included staffing shortages of accounting professionals, many unscheduled ad-hoc tasks, increasing document volumes, and the need to adapt to new market standards in the modern services industry, where the use of RPA is becoming increasingly common.
Solution:
Benefits for the client:
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