Live Webinar: Demystifying Generative AI – How to Apply it to Your Business.
Register Now  

Automation of Bank Statements Reconciliation Against QuickBooks for a Payee Services Provider in the US


The Nividous Intelligent Automation platform significantly saves time and minimizes manual errors in the bank statement reconciliation process, especially with the expected surge in monthly statements. This allows our employees to focus on more cognitive tasks.

Chief Executive Officer
A Payee Services Provider
Testimonials Quote Icon
100%

Data accuracy

80%

Increased efficiency

90%

Reduction in manual efforts

Industry

  • Finance

Processes Automated

  • Payment posting
  • Bank reconciliation

Automation Highlights

  • The RPA Bots can be easily scaled as the accounts and their monthly bank statements soar

Automating Bank Statement Reconciliation


The implementation of the Nividous RPA Bot streamlines the previously time-consuming and error-prone manual bank statement reconciliation process. Automating steps like downloading statements from bank portals, validating data between statements and QuickBooks, and reconciling around 70 accounts monthly, significantly reduces manual effort and processing time.

Related Case Studies


Discover how Nividous' Intelligent Automation Platform automated IT support operations by managing 1,500 daily emails, resulting in a 75% reduction in process TAT.
Discover how Nividous automated 70+ processes for Sanctum Wealth Management, reducing manual errors by 100% and improving process turnaround times by ~75%.
Automation of insurance payment posting has enabled the customer to increase daily transactions by 220% with an improved process TAT by 80%.

Latest Blogs


The Robotic Process Automation (RPA) market is projected to soar to an impressive $50.50 billion globally by 2030. This surge […]

Data explosion is real. The amount of information we generate daily is staggering, estimated to reach 181 zettabytes by 2025 […]

The global Artificial Intelligence (AI) market in manufacturing is expected to reach $20.8 billion by 2028, with a CAGR of […]

Scroll to Top