SOW GL Coding
Decision Engines integration with Salesforce
In today’s fast-paced business environment, organizations need to rely on data-driven decision-making processes to stay competitive. However, it’s a common problem for many companies to manage the sheer amount of data generated every day. To make the most of their data, companies must have a robust and efficient process in place for data management, analysis, and reporting.
This is where Decision Engines’ prebuilt connector bots come into play, providing automated SOW GL coding that saves time and increases accuracy while reducing errors. These bots are designed to simplify the process of extracting data from different sources, categorizing it, and assigning the relevant SOW (Statement of Work) GL (General Ledger) codes.
Traditionally, GL coding has been a manual process that requires a lot of time and effort. It involves reviewing financial transactions and assigning a code that corresponds to the correct account or category. However, Decision Engines’ prebuilt connector bots automate this process, saving organizations time and resources.
Challenge: Multiple departments within a Biotech Corp produce Statements of Work (SOWs) for the different services they need. These SOWs and invoices must be assigned to the correct account for accurate expense tracking and auditing.
Solution: Decision Engines’ bots are designed to automatically assign SOWs to the appropriate General Ledger (GL) account. If the bot is unsure, it seeks assistance from accountants for proper coding. Once the accountant provides the correct code, the bot learns this association and automatically applies the correct GL code to similar SOWs in the future.
Why Choose Decision Engines
Decision Engines’ prebuilt connector bots are an excellent solution for businesses looking to automate their accounts payable processes. The platform’s multilingual capabilities, seamless integration with PO and Payment systems, and integration with SAP Ariba and Salesforce make it a powerful solution for companies of all sizes. With Decision Engines, businesses can streamline their operations, reduce costs, and improve their bottom line.
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