Censof Launches Software Robot to Automate Bank Reconciliation Processes

PUTRAJAYA, May 24 (Bernama) — Censof Holdings Berhad (“Censof” or the “Group”), a technology holdings company specialising in financial management software solutions, yesterday launched its software robot, also known as Recon as a Service (“RAAS”) to automate bank reconciliation process for government agencies. The launch was in conjunction with its wholly owned subsidiary Century Software (Malaysia) Sdn Bhd’s (“CSM”) 25th anniversary celebration and was witnessed by the Accountant General of Malaysia, YBhg. Datuk Dr. Yacob bin Mustafa.

The RAAS will ease, simplify and enhance the bank reconciliation process by utilising innovative technology of robotic process automation or RPA to automate the front and back-end reconciliation processes in a more efficient manner across the government agencies. By capitalising on the RPA technology, RAAS will emulate human behaviour to act as a digital workforce that operates in a faster and more accurate manner.

http://mrem.bernama.com/viewsm.php?idm=43226

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