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Expert Insights: The 1% human touch in automated accounting

Automation has become an integral part of streamlining A/R management and reconciliation processes. As businesses increasingly rely on automated solutions, there's a growing recognition of the importance of human oversight in ensuring accuracy, reliability, and comprehensiveness. In this article, we'll delve into the role of expert insights in Riverty's AaaS (Accounting as a Service), highlighting the invaluable blend of technology and human expertise that sets our platform apart.

Apr 28, 2024 3 min
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The rise of automated accounting

Automation in accounting software's has brought significant advancements, optimizing complex processes and reducing the margin of error. Tasks that once consumed hours of manual labor, such as data entry, invoice processing, and financial reporting, are now executed with precision in a fraction of the time. However, the transition to a fully automated accounting platform often raises concerns among businesses about the loss of the human element, particularly the nuanced understanding and judgment that experienced professionals bring to the table. 

Recognizing the importance of this human touch, Riverty has crafted its service to ensure that automation complements rather than replaces human expertise. While most of the accounting process is automated, a critical 1% remains under the vigilant eye of financial experts, offering businesses the best of both worlds. 



The importance of human oversight 

While our AaaS platform handles most of your A/R management and reconciliation automatically, our team of experts are responsible for monitoring the automated processes, handling exceptions, and ensuring compliance with evolving regulations.  

Here's how our expert insights add value to your experience with Riverty's AaaS platform: 

  • Exception Handling: We identify and address exceptions that may arise in your financial data. From reconciling discrepancies to resolving payment issues, our team is dedicated to ensuring that your records are accurate and up-to-date. 
  • Continuous Monitoring: Continuously monitor transactions and financial data, proactively identifying any anomalies or discrepancies that may require attention. By staying vigilant and responsive, we help mitigate risks and maintain the integrity of your financial records. 
  • Customized Support: We understand that every business is unique, which is why our expert team offers customized support tailored to your specific needs. Whether you require assistance with complex transactions or specialized reporting requirements, our team is here to provide personalized support and guidance. 
  • Timely Resolution: You can trust that any issues or concerns will be addressed promptly and effectively. Our goal is to ensure that you have confidence in the accuracy and reliability of your financial data. 

Knowing that an experienced accountant is overseeing and validating the automated processes provides an added layer of confidence in the accuracy and reliability of the financial reports, ensuring that businesses receive a comprehensive and nuanced understanding of their financial health. 

Continuous improvement

Riverty's approach to automated accounting also emphasizes continuous improvement and adaptation. This interplay between technology and human expertise ensures that Riverty's services remain at the cutting edge of financial management.  

At Riverty, we recognize the importance of expert insights in complementing automated solutions, providing businesses with the reassurance they need to trust in the reliability of our AaaS platform.

Riverty's Accounting Service

Accounts receivable management service for finance professionals. Automate tasks and payment reconciliation with Accounting as a Service (AaaS).