UiPath
296 Case Studies
A UiPath Case Study
Global Professional Service And Audit Company faced a time-consuming, manual global finance audit delivery process—monitoring unprocessed 10Qs/10Ks, footing and cross-footing, checking internal consistency, recalculating balance sheets and performing prior-year tie-outs—that required repetitive work and cognitive validation. UiPath was engaged to bring automation to the finance and accounting audit workflow using UiPath Robots and an RPA + AI approach.
UiPath standardized the business process logic and deployed UiPath Robots with Stanford NLP to process textual content, extract tables from PDFs, and validate primary balance sheets and other financial data. The UiPath solution delivered up to an 85% accuracy improvement versus 25% from the prior solution, automated 45% of the audit process, and saved the customer 54,000 hours of work annually.
Global Professional Service And Audit Company