Automation Solutions
Eliminate repetitive and swivel chair activities to free staff to focus on high value, strategic activities like deep analytics and advisory support
Solutions
Procure to Pay
A typical enterprise Procure to pay cycle involves a high volume of of paper-based processing, process gaps, compliance issues and time-consuming tasks. Altumind’s Procure to Pay RPA solution suite automates the repetitive and time-consuming processes in the process and eliminates inconsistencies and delays. The suite of solutions includes:
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- Supplier Selection and Onboarding
- Supply and Demand Planning
- Purchase Order Management
- Contract Management
- AP Invoice Automation
- Work Order Management
Order to Cash
Altumind’s Order to Cash Automation solution suite speeds up the entire cycle through RPA Bots and Machine Learning. Automation minimizes manual errors and helps free up time for business users to focus on more strategic tasks. Altumind’s Order to Cash suite of solutions includes:
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- Sales Opportunity Qualification
- Deal Booking
- Sales Order Creation and Processing
- Invoice Creation and Delivery
- Cash Receipt Processing
- Aging Analysis and Collections Automation
AP Invoice Automation Bot
Manage large volumes of invoices and financial transactions between a company and its suppliers using Altumind’s AP Invoice Automation Bot
- Reduces average Invoice processing time by 75-80%
- Reduces average Invoice processing cost
- Reduce invoice approval time
- Reduce invoice processing errors caused by manual data entry
Remittance Advice Processing Bot
Extract relevant data from customer remittance advice using RPA and Machine learning , match with bank payments and AR cash register , once matched reconcile customer payment in ERP using Altumind’s Remittance Advice Processing Solution
- Reduces average Cash Receipt processing time by 75-80%
- Reduces average payment period
- Reduce human errors
- Improve Order to Cash cycle
Sox and Internal Audit Bot
SOX impacts many teams within a company including Accounting & Finance, IT, and executive leadership. SOX compliance is an extremely time-consuming and manual process. Altumind’s SOX and Audit testing Bot can decrease control failures, improve control testing coverage and boost cost savings.
- Internal Audit – Data gathering and Risk Assessment
- Governance – Security Scans and Compliance Testing
- Reporting – SoX, NIST, ICFR, IRDA, TRAI, GST, ISO27001,PCI, DSS, etc.
- Access Comtrols and Audits – User Access Management, Review and Audit, SOD
- Security Training and Incident Monitoring – Threat Detection, Vulnerability Management, Security & Compliance Training
IT Helpdesk Automation Bot
Improve Productivity and customer satisfaction using Altumind’s RPA based helpdesk automation solution
- Omni-Channel Support
- AI Models for Ticket Analysis and Categorization
- Auto Ticket Resolution
- Reporting
Benefits
- Reduce IT Tickets backlog wth accurate Ticket Routing
- Reduce IT Ticket resolutions costs by ~ 70%
- Reduce Ticket Resolution time
- Improve customer satisfaction
AI Models
Artificial intelligence is one of the most powerful technologies for shaping future businesses. It can optimize many processes throughout the organizations. Traditional RPA powered with machine learning and data science capability can help enterprises achieve Hyper Automation.
Altumind has certified RPA experts, AI specialist and Data scientists who have identified suitable processes and used cases and developed AI Models that can be leveraged by enterprises across all industries. Our team has extensive experience in Model development, Training, Deploying ,Managing and Improving Machine learning models from UiPath , Sage Maker or Tensor Flow
Altumind AI Models
- AP Invoice Model
- PO Models
- Remittance Advices
- Receipts Model
- Utility Bills Model