According to a recent Gartner poll, 73 percent of finance teams are under pressure to be faster.
As a result, enterprise finance leaders have ranked robotic process automation (RPA) as their top digital priorities for 2021. As a CFO, innovating your close processes with Robotic Process Automation (RPA) means increased efficiency, decreased costs and reduced risk for your organization.
RPA (Robotics Process Automation) is not a new concept, yet it is still poorly understood. This is especially true when it comes to finance systems and RPA. To begin, RPA is a task-mimicking software-based method of business process automation.
The use of task-oriented RPA is a critical component in developing intelligent automation capabilities.
A human employee should be supported by at least one digital worker to improve automation’s efficacy. From the basic RPA stage to the most advanced applications, this synergy can boost the entire value given. CFOs should keep in mind that digital transformation is about more than just adopting new technology; it’s also about involving, educating, and bringing the workforce along for the ride.
Intelligent automation is being adopted in a human-centred manner. Onboarding new, digital co-workers is easier when the workforce is involved from the start in discovering, planning, or even developing automations.
In conclusion, deploying RPA and intelligent automation solutions can stimulate growth for your team and organization while also allowing you to restructure as needed and utilize your team’s talents to the fullest, by empowering them to contribute more valuable insights to your business.
To learn more about RPA and its uses, click here.