Atinderpal Singh, Author at Auxiliobits

12 Sep 22

Why you Must Automate Account Reconciliations?

Key takeways Account reconciliation is a tedious and complex process because it entails verifying each entry in the general ledger, identifying discrepancies, and addressing them. The complexities of the process grow as the business grows. The manual system has several shortcomings that make the process slow and inaccurate. Automation overcomes…

31 Aug 22

Optimize the Efficiency of Supply Chain with Auxiliobits Automation Solutions

Key takeways The supply chain involves a myriad of activities and multiple stakeholders. The complex network of activities must function seamlessly for hassle-free supply chain execution. Legacy systems face several bottlenecks that cause delays and glitches in supply chain management leading to poor customer experience. Emerging technologies like Robotic Process…

29 Aug 22

Intelligent Automation Bots to Streamline Tax Compliance and Reporting

Key takeways Businesses need an efficient and robust technique to manage tax compliance workload and meet the reporting obligations and deadlines. Intelligent automation bots can independently perform tasks like interpreting data, making decisions, taking action, and learning. The RPA software can be integrated easily with manual systems to optimize manual,…

29 Aug 22

Intelligent Procure-to-Pay Solutions by Auxiliobits

Key takeways The Procure to Pay (P2P) function goes through processes such as requisitioning, purchasing, receiving payment, accounting for goods and services, and more. Bottlenecks in traditional P2P include invisible costs, keeping up with changes in compliance terms and regulatory norms, inefficient management in everyday transactions, ineffective vendor communication, etc.…

29 Jul 22

8 Critical Functions that RPA Streamlines in Cybersecurity

Key takeways Cybersecurity has become a huge cause for concern in the last few years. The number of cyberattacks that were already on the rise accelerated growth during the pandemic. Businesses across the globe are trying different strategies to protect their networks, systems, and devices from cyberattacks. RPA bots can…

26 Jul 22

Why you need automation bots in payroll processing?

Key takeways Payroll processing includes several steps for calculation and disbursement of payments to the employees after a specific payroll period. Payroll processing deals with the collection, movement, and delivery of large volumes of sensitive data. Technologies such as RPA, AI, ML, etc., have revolutionized how payroll processing functions. RPA…

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