
Data Processing
Companies have different software or systems for functioning the specific tasks. It is an art to integrate systems together with current automation trend.
In 2017 Xero founder and CEO Rod Drury said “We are going to do everything we can to reduce low value accounting work to free up time for people to drive growth strategies for their business customers. And we are unapologetic about that.”
In Drury’s brave new world, the accountant’s role becomes one of quality control and certification of the automatic accounting processes, rather than that of number cruncher.
Data Processing Automation
Data Process Automation (DPA) speeds up processing and reduces error rates by automating manual tasks. Also, it
- Improve Accuracy
- Improve the efficiency of resource allocation
- Strengthens risk and control management
- Frees up personnel to manager unstructured data
- Keep the existing software operating without replacing it
Sync Accounting & Consulting can help you across through all stages of your data automation journey, including:
- Strategy : Ensuring that DPA is incorporated into your strategy and aligned to key elements including operating model, IT, workforce and risk;
- Opportunity assessment: Considering benefits beyond simple cost reduction. Understanding how DPA can benefit customer experience, revenue growth, risk mitigation and operational agility.
- Deployment