rapidMATION Intelligent Expense Claim

Leverage the solution that combines UiPath, ABBYY, and K2’s best-of-breed technologies to optimize your expense claim management process that will help minimize & remove risks, reduce costs, save time

Problem

Are employees scared of never getting reimbursed for company expenses? Proper tracking of a business’ expenses is critical to a companies success. Performing the expense claim process by hand is both time consuming and expensive. Companies must find an intelligent solution to help automate and digitize this crucial process.

Solution

rapidMATION’s Expense Claim solution weaves together market-leading technologies from UiPath's robotic process automation software, to ABBYY’s document capture and optical character recognition solution, and K2’s low-code application development platform. The joint solution provides an intelligent expense claim automation solution that saves time, increases visibility and reduces cost.

Use the solution out-of-the-box, or customize it to your environment, and run your expense claim management process, your way.

Get the most out of your Expense Claim solution

Easily Add New Expenses

• Use UiPath to monitor an email inbox for new incoming expense receipts.

Capture and Extract Receipt Data

• Use ABBYY FlexiCapture to extract expense receipt data and pass the data on for processing.

Incorporate Humans to Review Tasks

• Use K2 to bring humans into the loop and assign them tasks.
• Tasks could range from allowing them to review and approve expense claims to letting them process the expense reimbursement.

Process

• Leverage UiPath to automate repetitive, mundane tasks and free up time for people to perform higher value tasks.
• Software bots can execute a wide variety of human tasks – posting the expense claim data to an ERP, making expense reimbursement payments, and more.

Track, Analyze and Evolve

• Digitize the process so you can efficiently track where expenses are being incurred across the business.
• Analyze and improve your process to find ways to optimize record keeping and eliminate expense leakage.

How It Works

Add and Extract

• Pick up new incoming expenses
• Extract receipt data
• Remove risks of data entry error

Review and Approve

• Create end-to-end expense claim process and ensure no tasks are missed
• Assign tasks to owners and make sure the necessary information is delivered to the right person at the right time

Process and Pay

• Use software robots to post expense claim data to an ERP, make expense reimbursement payments, and more

Summary

rapidMATION’s Intelligent Expense Claim process makes expense claims easy and effortless. Leverage the solution that combines UiPath, ABBYY and K2’s best-of-breed technologies to optimize your expense claim management process that will help minimize and remove risks, reduce costs, save time, and allow you to gain full visibility into what expenses are being incurred across the business.

About rapidMATION

rapidMATION are the intelligent automation gurus. We automate processes using both humans and software bots. Our specialties include Digital Process Automation (DPA), Robotic Process Automation (RPA), Artificial Intelligence (AI) and Chatbots.

Easily Add New Expenses Use UiPath to monitor an email inbox for new incoming expense receipts. Capture and Extract Receipt Data Use ABBYY FlexiCapture to extract expense receipt data and pass the data on for processing. Incorporate Humans to Review Tasks Use K2 to bring humans into the loop and assign them tasks. Tasks could range from allowing them to review and approve expense claims to letting them process the expense reimbursement. Process Leverage UiPath to automate repetitive, mundane tasks and free up time for people to perform higher value tasks. Software bots can execute a wide variety of human tasks – posting the expense claim data to an ERP, making expense reimbursement payments, and more. Track, Analyze and Evolve Digitize the process so you can efficiently track where expenses are being incurred across the business. Analyze and improve your process to find ways to optimize record keeping and eliminate expense leakage.