Severity: 8192
Message: Creation of dynamic property CI_URI::$config is deprecated
Filename: core/URI.php
Line Number: 101
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: 8192
Message: Creation of dynamic property CI_Router::$uri is deprecated
Filename: core/Router.php
Line Number: 127
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: 8192
Message: Creation of dynamic property CI_DB_mysqli_driver::$failover is deprecated
Filename: database/DB_driver.php
Line Number: 371
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/config/routes.php
Line: 71
Function: DB
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: 8192
Message: Creation of dynamic property Blog::$benchmark is deprecated
Filename: core/Controller.php
Line Number: 75
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: 8192
Message: Creation of dynamic property Blog::$hooks is deprecated
Filename: core/Controller.php
Line Number: 75
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: 8192
Message: Creation of dynamic property Blog::$config is deprecated
Filename: core/Controller.php
Line Number: 75
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: 8192
Message: Creation of dynamic property Blog::$log is deprecated
Filename: core/Controller.php
Line Number: 75
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: 8192
Message: Creation of dynamic property Blog::$utf8 is deprecated
Filename: core/Controller.php
Line Number: 75
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: 8192
Message: Creation of dynamic property Blog::$uri is deprecated
Filename: core/Controller.php
Line Number: 75
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: 8192
Message: Creation of dynamic property Blog::$exceptions is deprecated
Filename: core/Controller.php
Line Number: 75
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: 8192
Message: Creation of dynamic property Blog::$router is deprecated
Filename: core/Controller.php
Line Number: 75
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: 8192
Message: Creation of dynamic property Blog::$output is deprecated
Filename: core/Controller.php
Line Number: 75
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: 8192
Message: Creation of dynamic property Blog::$security is deprecated
Filename: core/Controller.php
Line Number: 75
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: 8192
Message: Creation of dynamic property Blog::$input is deprecated
Filename: core/Controller.php
Line Number: 75
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: 8192
Message: Creation of dynamic property Blog::$lang is deprecated
Filename: core/Controller.php
Line Number: 75
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: 8192
Message: Creation of dynamic property Blog::$load is deprecated
Filename: core/Controller.php
Line Number: 78
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: 8192
Message: Creation of dynamic property Blog::$db is deprecated
Filename: core/Loader.php
Line Number: 390
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: 8192
Message: Creation of dynamic property CI_DB_mysqli_driver::$failover is deprecated
Filename: database/DB_driver.php
Line Number: 371
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: 8192
Message: Return type of CI_Session_files_driver::open($save_path, $name) should either be compatible with SessionHandlerInterface::open(string $path, string $name): bool, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
Filename: drivers/Session_files_driver.php
Line Number: 132
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: 8192
Message: Return type of CI_Session_files_driver::close() should either be compatible with SessionHandlerInterface::close(): bool, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
Filename: drivers/Session_files_driver.php
Line Number: 290
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: 8192
Message: Return type of CI_Session_files_driver::read($session_id) should either be compatible with SessionHandlerInterface::read(string $id): string|false, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
Filename: drivers/Session_files_driver.php
Line Number: 164
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: 8192
Message: Return type of CI_Session_files_driver::write($session_id, $session_data) should either be compatible with SessionHandlerInterface::write(string $id, string $data): bool, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
Filename: drivers/Session_files_driver.php
Line Number: 233
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: 8192
Message: Return type of CI_Session_files_driver::destroy($session_id) should either be compatible with SessionHandlerInterface::destroy(string $id): bool, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
Filename: drivers/Session_files_driver.php
Line Number: 313
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: 8192
Message: Return type of CI_Session_files_driver::gc($maxlifetime) should either be compatible with SessionHandlerInterface::gc(int $max_lifetime): int|false, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice
Filename: drivers/Session_files_driver.php
Line Number: 354
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: Warning
Message: ini_set(): Session ini settings cannot be changed after headers have already been sent
Filename: Session/Session.php
Line Number: 284
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: Warning
Message: session_set_cookie_params(): Session cookie parameters cannot be changed after headers have already been sent
Filename: Session/Session.php
Line Number: 291
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: Warning
Message: ini_set(): Session ini settings cannot be changed after headers have already been sent
Filename: Session/Session.php
Line Number: 306
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: Warning
Message: ini_set(): Session ini settings cannot be changed after headers have already been sent
Filename: Session/Session.php
Line Number: 316
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: Warning
Message: ini_set(): Session ini settings cannot be changed after headers have already been sent
Filename: Session/Session.php
Line Number: 317
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: Warning
Message: ini_set(): Session ini settings cannot be changed after headers have already been sent
Filename: Session/Session.php
Line Number: 318
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: Warning
Message: ini_set(): Session ini settings cannot be changed after headers have already been sent
Filename: Session/Session.php
Line Number: 319
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: Warning
Message: ini_set(): Session ini settings cannot be changed after headers have already been sent
Filename: Session/Session.php
Line Number: 377
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: Warning
Message: session_set_save_handler(): Session save handler cannot be changed after headers have already been sent
Filename: Session/Session.php
Line Number: 110
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: Warning
Message: session_start(): Session cannot be started after headers have already been sent
Filename: Session/Session.php
Line Number: 143
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: 8192
Message: Creation of dynamic property Blog::$session is deprecated
Filename: core/Loader.php
Line Number: 1279
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: 8192
Message: Creation of dynamic property Blog::$form_validation is deprecated
Filename: core/Loader.php
Line Number: 1279
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: 8192
Message: Creation of dynamic property Blog::$email is deprecated
Filename: core/Loader.php
Line Number: 1279
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: 8192
Message: Creation of dynamic property Blog::$upload is deprecated
Filename: core/Loader.php
Line Number: 1279
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: 8192
Message: Creation of dynamic property Blog::$encryption is deprecated
Filename: core/Loader.php
Line Number: 1279
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: 8192
Message: Creation of dynamic property Blog::$baselib is deprecated
Filename: core/Loader.php
Line Number: 1279
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: 8192
Message: Creation of dynamic property Blog::$Response is deprecated
Filename: core/Loader.php
Line Number: 353
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/libraries/Render.php
Line: 19
Function: model
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: 8192
Message: Creation of dynamic property Blog::$GridResponse is deprecated
Filename: core/Loader.php
Line Number: 353
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/libraries/Render.php
Line: 20
Function: model
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: 8192
Message: Creation of dynamic property Blog::$GridRequest is deprecated
Filename: core/Loader.php
Line Number: 353
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/libraries/Render.php
Line: 21
Function: model
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: 8192
Message: Creation of dynamic property Blog::$render is deprecated
Filename: core/Loader.php
Line Number: 1279
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: 8192
Message: Creation of dynamic property Blog::$CommonModel is deprecated
Filename: core/Loader.php
Line Number: 353
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once
Severity: 8192
Message: Creation of dynamic property Blog::$CategoryModel is deprecated
Filename: core/Loader.php
Line Number: 353
Backtrace:
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 9
Function: model
File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct
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Invoice management is a function performed within the organization related to appropriation and is accountable to process invoice process of the transactions between trader and distributor. As all other finance processes, invoice management has officially become a challenge to the organizations. The managing department is not able to overcome this issue as the high number of invoices has to be processed regularly from the raw information which is different formats.
- The invoice process management also is known as Process Definition Document in RPA technology, which signifies the automation process of capturing the flow of a business process with a high level of precision.
- The traditional invoice management process required significant human resources like a 5 members team and a lead which also faced a lot of challenges.
- If taking a case study of traditional invoice processing the total number of invoices handled yearly is 1,00,000 by 5 employees of the Accounting team, which divides as 20,000 invoices are handled by each employee per year. As each employee works for 220 days average per year, which means an employee handles 100 invoices per day, which expresses each employee works for 8 hours a day and each invoice takes 5 mins to process.
- Whereas Robotic Process Automation offers attractive benefits and ROI for the financial services industry, particularly in automating back-office operations, such as automation and invoice processing. And Robotic Process automation is making an impact with a big margin providing touchless business process automation to back-office accounting or Data entry jobs reducing human resources, cost, the human error, also providing higher "Return Of Investment " in business. Financial Accounting and invoice processing is a significant part of the entire business as back-office jobs. Organizations keep all the tracks over the transactions between the vendor and supplier.
- Human error is a big challenge in this traditional process of managing invoices as it requires excess communication, manual data entry.
- Delay in uploading the invoice manually is also an issue as it cost a lot of time.
- Managing a team regarding different operations and tasks requires a professional experienced lead, which can be cost-effective to a business as it requires additional management efforts.
- Branching out SLA - (Service Level Agreement) has a list issue halting the process such as uptime and downtime availability, support hours, response and repair times, SLA Credits, termination rights.
- Employee scalability is a sensitive matter as it requires monitoring and managing over performance and reliability, cost pressures, application footprint, identify access management, etc.
- Business owners and organizations can't expect to know some of the things like natural disasters earthquake, flood and hurricanes, tornadoes, virus pandemic (COVD-19) which effects directly to the economic loss following an incident.
- Robotic process automation (RPA) is rapidly changing the accounting and finance operations, arguably faster than any other piece of modern technology.
- 34% of Financial organization relies on the manual process, 47% Accounting Professional consider manual data entry & inefficient process as their biggest challenge.
- Implementing RPA in Invoice Processing can bring out spectacular results. Sterling Commerce reports that fully automated invoice processing can reduce per-invoice costs by nearly 90% while reducing errors by nearly 40%.
- RPA can generally be applied to any process as
In general Robotic Process Automation Softwareslooks to automate the following tasks mostly working on
RPA Software working Procedure
- RPA robots regularly scan over the allocated folder for new invoices
- After it finds the file RPA robot collect it for Data extraction
- RPA robot reads and extracts information from the invoices using Optical Character Recognition(OCR) and Natural Language Processing(NLP)
- Then the robot reads the specific fields in the invoices that need to be updated in the ERP.
- Next step is verifying the invoice details like company code, suppliers number, VAT from the database.
- RPA robot opens up the ERP key in all the fields that need to be filled, based on the companies utilization.
RPA implementation in typical manual work like invoice processing, it can be a lifesaver. Most business decisions are driven by money one way or another. And automating your more monotonous processes is a great way to save money on labor and costly data errors.