The Record to Report (R2R) function is an integral part of the Finance and Accounting process. It mainly involves collecting, processing, and analyzing financial operations. At the same time, R2R is essential for compliance and reporting to regulatory agencies. While the focus has been on compliance and reporting, the true potential of R2R in decision-making has remained under-utilized for some time.
With the help of digital technologies and intelligent automation, Aiwozo helps reduce the burden of R2R function costs by focusing on providing more significant insights to the C-suite. Robotic Process Automation (RPA) helps shorten the timelines around repetitive reporting tasks around R2R. While with the help of Artificial Intelligence (AI) and analytics, we provide predictive insights from the available reporting data.