Overview
The finance and accounting industry is rapidly changing, with firms under growing pressure to increase efficiency, accuracy, and compliance in a highly regulated environment. Traditional manual methods are no longer adequate for dealing with high numbers of transactions and data. Robotic Process Automation (RPA) has emerged as a game changer, dramatically altering the way financial activities are carried out. According to a recent Gartner survey, 80% of finance leaders intend to use some kind of RPA by 2025, motivated by the need to save costs and eliminate mistakes. Furthermore, Deloitte notes that early adopters of RPA in finance and accounting claimed cost savings of up to 30% in the first year of deployment.
In this whitepaper we cover:
- The Increasing Role of Automation in the Finance and Accounting Sector
- Key Challenges in Finance and Accounting and how RPA addresses those
- The Evolution of RPA: From Intelligent Automation to Cognitive and Predictive Capabilities in Finance
