Zuellig Pharma, a Southeast Asia-focused healthcare and pharmaceutical corporate, used RPA and virtual accounts to automate a third of its invoice matching process.
Do your banks have a reconciliation utility? Do they use machine learning solutions to process the work? Even if they do, invoice matching continues to be a tricky endeavour, says one service provider.
HSBC has launched a receivables reconciliation product for FMCG clients. The British bank is targeting pharma and insurance clients with a similar payments profile next.
Dec 3, 2012
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