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Finance Consulting · Govern

Financial Process Automation

We automate finance processes only after simplifying them, covering invoice processing, reconciliation, the close and reporting. The first step is always to remove the unnecessary steps a process has accumulated, because automating a broken process simply makes the waste faster and harder to see. Approval and audit trail are designed into the automated flow rather than bolted on, so control is strengthened by the change rather than weakened. It matters because finance teams lose days to manual data entry and closes that lengthen each period, and because automation done without designing in the controls stores up a maintenance and assurance problem for later.

In short

Financial process automation removes manual effort from finance processes while strengthening controls and the audit trail. The discipline is to simplify the process first, so that effort is not spent automating waste.

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What we do

The work inside financial process automation.

Process simplification first

We remove the unnecessary steps before automating anything, so the business does not automate its own waste. Processes accumulate checks and handoffs over time that no longer serve a purpose. Stripping those out first means the automation is built on a process worth keeping.

Transaction processing automation

We automate invoice capture, matching, expenses and payment preparation where the volume justifies it. These high-volume, repetitive tasks are where manual effort and keying errors concentrate. Automating them frees the finance team for the analysis and judgement that actually needs people.

Reconciliation and close automation

We automate reconciliations and close tasks to shorten the timetable and make it more reliable. A close that depends on manual spreadsheet reconciliation lengthens as the business grows and is prone to error under time pressure. Automating it compresses the timetable and frees period-end for review rather than data assembly.

Controls and audit trail

We build approval and audit trail into the automated flow from the outset. Done this way, automation enforces approvals consistently and logs every step completely, which is stronger control than a manual process provides. Weakness comes only from automating first and thinking about control afterwards, which we avoid by designing them together.

What you receive

Deliverables, in writing.

Documented output your teams keep and can act on without us in the room.

  • Simplified target process design
  • Automation implementation for priority processes
  • Reconciliation and close automation
  • Control and audit trail documentation

When this work helps

You may be facing this.

  • Finance staff spend days on manual data entry
  • Month-end close takes longer each period
  • Reconciliations are performed manually in spreadsheets

How an engagement runs

Discover, assess, design, deliver.

  1. 01

    Discover

    Understand the decision, the financial context, and how finance currently operates. We establish exactly what question the engagement must answer, so a business-case review and a process redesign are not confused with one another.

  2. 02

    Assess

    Review the case, processes, controls, and reporting against what the organisation needs to rely on. We report where the numbers and processes are dependable and where they rest on assumptions that will not hold under pressure.

  3. 03

    Design

    Set out the financial approach, process design, control set, and reporting model. Definitions, ownership, and controls are documented so the improvement does not depend on us remaining involved.

  4. 04

    Deliver

    Support implementation, then track cost and benefit against what was approved. We measure realised value against the criteria agreed at the outset, so the decision is held to account rather than forgotten.

Where we work

Delhi, India — and wherever the work is.

Fidova provides finance consulting from Delhi, India, and works with organisations internationally, including group structures with entities, currencies, and reporting obligations in more than one country.

Engagements run in English, are scheduled around your time zone, and can be delivered remotely end to end, with on-site time planned where a phase genuinely benefits from being in the room.

Questions

Financial Process Automation: common questions.

Straight answers to what buyers ask us before an engagement begins.

Enquiries

Enquire about financial process automation.

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Next step

Discuss your financial process automation requirement.

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