Financial Operations Automation

OneProfy helps organizations modernize processes, embed controls, and obtain unprecedented visibility into accounting and finance by combining key accounting functions within a single platform.

In addition to automating main processes, OneProfy services enable companies to move beyond the antiquated record-to-report process to a new approach known as Financial Operations Automation. This evolution of process optimization and technical automation facilitates continuous monitoring for fraud and inaccuracies, delivering greater visibility to our clients.

Financial Operations Automation helps with automatization of account reconciliations, journal entries, intercompany transactions, task assignments will lead to an improved efficiency and greater success for our clients.

Benefits

Optimize Efficiency

Automate routine, high-volume tasks that are prone to human error and consume valuable staff resources. Standardized reconciliation templates combined with configurable certification and matching rules enable a best practice approach to automate the validation of low-risk accounts, creation of reconciling items from unmatched transactions, and posting of journal entries, freeing your accountants to focus on exception handling and deep analysis.

Increase Accuracy

Automatically import and centralize transactional data from multiple source systems and impart intelligent automation rules to create a structured and consistent approach to managing and handling your most onerous accounting tasks. By applying pre-posting validation to journals and automatically matching transactions across business applications, error-prone, manual processes are effectively eliminated to improve the speed and accuracy of your accounting workflows.

Improve Productivity

By applying automation to repetitive, manual, and time-intensive processes, teams are relieved of the mundane tasks that lower engagement and inhibit their ability to focus on creating value and improving accounting service delivery. And with more time for analysis, accounting and finance can hone their skills and become more agile to meet the changing needs of the business in the face of increasing demands and complexity – now and into the future.