Is Manual Employee Expense Claim Management A Bottleneck?
Track internal payments that employees incur for travel, entertainment, hotel stays, etc. Depending on the category of the employee, expenses have limits so check those too. All of this using Robotic Process Automation (RPA).
How it could work?
- RPA tools can be mapped to the primary source of expense submission, be it emails or a portal.
- It extracts data from the expense receipts and transfers it to a database for validation.
- RPA software can approve expenses with a rule-based procedure to identify the type of invoice submission.
- The claim is processed after ensuring that it’s in line with the rules set.
The applications are not just limited to Expense Management. RPA can be used for any repetitive process that is currently being done by a human agent.