How intelligent robotic automation differs from traditional erp and accounting systems. With the right implementation, the impact on processes can be transformative.
Within the context of increasing digital transformation in the accounting sector, the adoption of robot-based solutions is revolutionizing the traditional approach that has long dominated the industry. In this article, we will closely examine the case of an Italian Accounting Firm, an entity with about 20 employees based in the Marche region. The firm chose to rely on robotic workers and achieved exceptional concrete results after two years of continued implementation.
This case is uniquely valuable, as it stands out for its ability to concretely and evidently showcase the intrinsic value of robotic transition in the accounting sector. Â
Through a detailed, we will explore how the use of robots has not only led to substantial financial savings but has also significantly enhanced value-added services provided to clients.
Beyond offering a detailed presentation of the numerical data, we will delve into the secrets fueling this extraordinary success. We’ll focus on organizational and managerial facets that allowed the firm to thrive in a highly competitive environment. We will then tackle another significant point: contrasting the artificial intelligence adopted by our case study with traditional solutions. In doing so, it will become clear how robotics is progressively redefining Accounting ROI from robot-based solutions, setting new standards for efficiency and precision.
Our Case Study
The accounting firm being analyzed, located in Italy’s Marche region, has about 20 employees. It boasts a rich legacy in the Marche territory and presents a corporate structure that blends tradition with structured, industrial processes.
The firm had previously embarked on a process optimization journey, consistently committing to efficiency and modernization.In an effort to streamline its processes and boost innovation, it had already digitized its paper invoices, among other initiatives. Before experiencing the multiple benefits of robot-based solutions in accounting, there were doubts among managers and employees alike. Employees were uncertain as to how much they could genuinely benefit from accounting robots and struggled to quantify the advantages of such a move. However, their decision to embrace this approach proved extremely effective, leading to a variety of positive results.
How exactly?
 A Detailed Analysis of Financial Data
Two years after the implementation of accounting robots, the firm reported impressive results that clearly demonstrate the value of robotization. Specifically, with an annual investment of around 5,000 euros, the firm managed to streamline staff by two units, resulting in savings of about 60,000 euros annually.
However, robotization isn’t just about financial savings. Another critical aspect is the added value for clients. The firm in question has been able to update its real-time accounting records with robots, obtaining automatic weekly reports that offer clients a clear and timely overview of their financials.
Deep Exploration with Mentally
Let us now see how the Mentally robotic collaborator for accounting can support your day-to-day operations. Mentally relies on advanced algorithms in accounting automation, reducing the burden of repetitive manual tasks to a processing efficiency of 96%.
From a technical standpoint, Mentally is capable of executing complex accounting tasks autonomously, even when teams are temporarily inactive. The Mentally platform is equipped with real-time robots, that offer detailed traceability of operations.
Book a free consultation session with our team of specialists who will assess your specific needs and come up with the best action plan for you. See how Mentally can seamlessly integrate into your day-to-day operations. Your consultation will also be an opportunity to address questions and jointly design an optimal digital strategy for your accounting firm.