The objective of this project is to develop an RPA solution that automates invoice data extraction, validation, approval routing, and payment status updates in accounts payable departments. The system enhances accuracy, reduces processing time, and ensures compliance with financial record-keeping standards.
Conduct research on RPA applications in financial automation.
Study invoice processing workflows in small and medium enterprises.
Identify repetitive tasks such as invoice entry, verification, and approval routing.
Design an automation workflow diagram.
Build an RPA bot to extract invoice details from PDF or scanned documents using OCR.
Validate invoice data against purchase orders and vendor records.
Automate approval routing through email notifications.
Update payment status in accounting software or Excel database.
Implement exception handling for mismatched data.
Maintain audit logs for compliance purposes.
Measure reduction in manual processing time.
Perform system testing with dummy invoice datasets.
Analyze system reliability and scalability.
Document technical architecture and automation logic.
