SAP Reconciliation Process

Business Scenario for SAP Bank Reconciliation

The client receives the quarterly bank statements from the bank. They then download the related transactions from SAP. Then perform reconciliation by comparing the date, transaction reference and amount between the two. The “unmatched” transactions are then sent as a report to the approvers. This business process is usually performed manually by multiple employees for numerous accounts on a monthly basis.

Our Solution:

The robot would retrieve the account statements from the mailbox or a shared drive. It would then log into SAP and download the corresponding transactions. The robot would then reconcile the two and sends an email reporting the “unmatched” transactions.