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Financial institutions can save millions in productivity and efficiency gains.
Thoughtful seamlessly automates the leader in financial services, commerce, and payment systems.
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Averaged Time Saved / mo.
Averaged Money Saved / mo.
Tasks Automated
What Processes can you automate in fiserv® using RPA?
Fiserv is one of the leading billing and payment solutions systems worldwide, supporting agency workflow, communications, compliance, and revenue management. Thoughtful can use RPA to automate functions quickly, cost-effectively, and securely within fiserv and across any sector; banking, credit unions, financial institutions, fintech, and the public sector.
Thoughtful brings decades of experience in RPA to the financial services space and can automate many of the processes within the fiserv platform to streamline transactions. Anything a human can do, our bots can do 80% faster and without error. However, what makes Thoughtful valuable is our ability to replicate the entire process, not only the fiserv part.
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Voucher Entry
Automating the coding of transactions to the correct G/L accounts and adding them as vouchers to the Accounts Payable module provides several advantages. By using automation, the process of coding transactions becomes faster and more accurate, reducing the risk of errors and increasing efficiency. The automation process also ensures that all transactions are coded consistently, reducing the risk of non-compliance and improving the overall accuracy of the financial records. Automation also reduces the time and effort required for manual coding, freeing up valuable resources that can be redirected to other vital tasks. Additionally, automated systems provide real-time tracking and reporting capabilities, allowing stakeholders to monitor the status of transactions and ensure that all necessary information has been accurately captured. Automating the coding process makes the Accounts Payable process more efficient, accurate, and secure, providing a clear advantage for businesses and organizations.
accounting finance; all industries; accounts payable; bill.com; crunch accounting; financepal; freshbooks; infor; microsoft dynamics gp; netsuite; profitbooks; quickbooks; sage intacct; sap; xero; zarmoney; zoho books; fiserv
Accounts Payable, A/P, Voucher Entry, Vendor Invoice, Vendor Bill, Bill
LB
Lock Box Deposit Entry
This bot parses lockbox data and posts it against open accounts.
legal; accounting finance; all industries; accounts receivable; fiserv
Collections, Lockbox, Payments
IS
Invoice Status Verification
The bot verifies and ingests information from invoices, verify the status of the transaction, and update systems downstream.
accounting finance; all industries; accounts receivable; bill.com; crunch accounting; financepal; freshbooks; infor; microsoft dynamics gp; netsuite; profitbooks; quickbooks; sage intacct; sap; xero; zarmoney; zoho books; fiserv; lighthouse payments
Invoice, Verification, Status, Accounts Receivable
AP
AP Invoice Coding
Based on the vendor matching, this bot codes the invoice to the correct general ledger account.
accounting finance; all industries; accounts payable; bill.com; crunch accounting; financepal; freshbooks; infor; microsoft dynamics gp; netsuite; profitbooks; quickbooks; sage intacct; sap; xero; zarmoney; zoho books; fiserv
AP Invoice Coding, Accounts Payable Invoice Coding, General Ledger
AP
AP Approvals
The bot sends a list of vendor invoices for approval and pays the invoice when approved.
accounting finance; all industries; accounts payable; bill.com; crunch accounting; financepal; freshbooks; infor; microsoft dynamics gp; netsuite; profitbooks; quickbooks; sage intacct; sap; xero; zarmoney; zoho books; fiserv; ringcentral
Accounts Payable, Approval
What other process automations can I do?
Thoughtful can automate any online application and most desktop applications as well. For example, let's say you want a printout of a bank reconciliation summary when our Reconciliation bot is doing its job. We can have it save the summary as a PDF to Sharepoint, Google or any other secure file sharing application you choose. It can create folders and update spreadsheets to log the results. It can even send emails, teams, or slack notification for those flagged accounts. The processes, applications and possibilities truly are endless.
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Hire Perfect. Hire Bots.
Our FREE process evaluation is your first step toward automation.
Limited Time Offer: 3 Days Remaining
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$4,500
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