Properly reconciled accounts and transactions are the bedrock of an efficient financial close process, that’s why they’re often the starting point for automation of the R2R process. Siemens GBS went one step further, utilizing AI to analyze transactional volatility, therefore reducing time and effort spent required for reconciliations. In this session, Rob Koca, Head of R2R and Julianne Drake, Manager of Process Optimization & Digitalization, talks us through the project, including:
· Leveraging AI to improve the speed and quality of your reconciliations
· Prioritizing risk accounts
· How AI can transform your R2R process from labor intensive to value-adding