Finance and Accounting

Improving cashflow and financial health

 

Many businesses are grappling with growing operational demands, legacy systems and slow manual processes. All pose a challenge to financial stability. We work to transform finance processes and overarching payments journeys, unlocking cash straight to the bottom line. We do this by combining Robotic Process Automation (RPA), machine learning and our industry-leading AI capabilities with human expertise.

Finance and Accounting at a Glance

95% Of payments allocated to customers on day one
£m+ Unlocked multi-million pounds from suspense accounts
99.9% Payment processing accuracy

Making payments with confidence

Accounts payable and invoice processing

Manual invoice workflows can slow down operations and compromise compliance, all while obstructing data visibility. Many finance teams are still juggling emailed PDFs, paper invoices and portal uploads, creating bottlenecks and increasing the risk of missed approvals or duplicate payments.

Our automated AP solution integrates seamlessly with major ERP systems, capturing and validating invoices across formats and improving match rates using machine learning.

We drastically reduce processing times, improve real-time financial visibility and enhance compliance, freeing up teams to focus on higher-value work.
 

Unlock cash from ever-increasing suspense accounts

Cash allocation

Many organisations in high-volume regulated environments like utilities and telecoms struggle to manage cash allocation efficiently without the right technology. With payments arriving in multiple formats and customer demands constantly evolving, manual processes are slow, error-prone and can cause suspense accounts to balloon.

Using over 90% automation and experienced operators managing exceptions, our solution integrates directly into your systems to extract, match and allocate funds to end customer accounts accurately and at pace. The result is significantly improved cashflow, substantial cost savings and a better customer experience. 

Automating Processes to Enhance Your Customer Experience

Refund and claims management

If you're handling large volumes of refunds and claims, manual processing, SLA pressures and high error rates can quickly create backlogs and put growing pressure on your customer service teams.

We centralise and automate the entire process from secure mail management to validation, customer correspondence and flexible payment options, using AI-driven data capture to ensure accuracy and scalability at every step.

The result is faster fulfilment, better accuracy and a smoother experience for your customers.

Contact Us

Want to find out more?

Our team is here to help. Get in touch with a Paragon expert today to discuss your specific needs and explore how we can empower your customer interactions.