ROIT

ROIT is a technology company that offers solutions aimed at hyperautomating the purchasing, fiscal, accounting, and financial processes of medium and large companies. According to the vendor, ROIT combines artificial intelligence, human intelligence, and robotization to simplify and optimize daily operations. It is designed for finance and accounting professionals, tax professionals, procurement professionals, supply chain professionals, and various industries such as retail, e-commerce, IT, manufacturing, financial services, and healthcare.

Key Features

Tax Robot: According to the vendor, the Tax Robot feature automates the checking of legislation, taxes, and retentions using artificial intelligence. It generates inbound parameters for specific and generic tax scenarios, calculates tax base, tax rate, and tax value using consequence variables, and continuously learns from exceptions to update parameters. The vendor also states that regular updates of tax legislation ensure accurate tax analysis.

Accounting Robot: The Accounting Robot feature uses artificial intelligence to classify credits and debits, launch entries based on the chart of accounts, and analyze historical data to improve classification accuracy. According to the vendor, it streamlines and optimizes accounting processes for increased efficiency.

Financial Robot: The Financial Robot feature allows scheduling or making payments based on contract, tax, and accounting rules. It automates the reconciliation of bank slips and invoices for efficient payment management and seamlessly integrates with ERP systems for smooth processing, as claimed by the vendor.

Audit: According to the vendor, the Audit feature enables real-time audits of purchasing and payment processes. It identifies discrepancies and errors to streamline audit procedures and ensure enhanced accuracy and compliance.

Forms: The Forms feature allows users to create and manage digital forms, customize form fields and layouts, and streamline data collection and processing. The vendor claims that it improves efficiency and accuracy in form management for various purposes.

Workflow: The Workflow feature automates and optimizes workflow processes, streamlines approval procedures, and enhances visibility and tracking of tasks. According to the vendor, it improves overall efficiency and productivity in day-to-day operations.

Analytics: With the Analytics feature, users gain access to comprehensive analytics and reporting, leverage data-driven insights for informed decision-making, monitor key metrics and performance indicators in real-time, and enhance visibility into financial and operational processes, as stated by the vendor.

Cash Flow Story: The Cash Flow Story feature enables users to visualize and analyze cash flow data, forecast and plan scenarios for effective cash flow management, and identify trends and patterns to make informed decisions, according to the vendor. It aims to improve overall cash flow management.

Accounting and Fiscal BPO: The Accounting and Fiscal BPO feature offers outsourced accounting and fiscal services. According to the vendor, it ensures compliance with regulatory requirements, enhances efficiency and accuracy in financial management, and allows businesses to focus on core activities.

Payroll BPO: The Payroll BPO feature provides outsourced payroll management services. It aims to handle payroll processes efficiently, comply with labor laws and regulations, and streamline payroll administration, according to the vendor.