Analyze and convert bank statement

  • Description: Automates the process of receiving, comparing, formatting, and storing bank statement data.

  • Scenario:

    • Trigger: A new bank statement is received.

    • Comparison: Compares the new statement with previous statements to find discrepancies or trends.

    • Formatting: Converts the data on the new statement into the correct format.

    • Statement Generation: Creates the newly formatted statement data.

    • Data Integration: Pushes the formatted data into the Transactions database.

  • Value: Enhances data accuracy, streamlines financial data management, and improves efficiency in maintaining up-to-date transaction records.