“There’s a lot of automation that can happen that isn’t a replacement of humans but of mind-numbing behavior.” …Stewart Butterfield
Robotic Process Automation (RPA) emerged in the world of digital transformation to assist businesses with tedious, time-consuming, and non-value adding activities that weigh down valuable resources. Due to its universal application, RPA has been implemented worldwide for high-volume, repetitive, rule-based and standardised processes.
Robotic Process Automation uses software that allows the automation of processes, that would otherwise be performed by a human user. The software ‘’robots’’ mimic the actions that would be performed by a user. These robots can do a number of tasks such as:
- Log in to applications
- Move files and folders
- Open emails and attachments
- Monitor email inboxes
- Connect to system APIs
- Read and write to databases
- Scrape data from the web
- Copy and paste data into different systems
- Extract and process content from digital documents
- Perform basic calculations
- Among many others
With RPA, finance and accounting professionals can onboard customers more quickly, get invoices paid faster, optimise reporting and so much more.
Click here for a whitepaper highlighting the value that RPA can offer finance and accounting professionals, from UiPath, a leading global software company.
