In recent studies from Forrester and the Hackett Group, RPA is addressed as ‘one of the most disruptive forces in human history’. And they predict this trend to continue as companies have to improve productivity and performance. The new ‘digital workforce’ is fast and reliable. They make few mistakes and are available 24/7.
Forrester noted that most of the investments in RPA are in the areas of finance and accounting. And it is Interesting to notice that, with RPA, business units such as finance and accounting are more likely than usual to deploy and manage the technology themselves, instead of the IT department.
How to ‘add’ rpa to your already automated financial processes?
For the remaining tasks that have historically been difficult to automate, RPA can provide certain benefits. Every business has unique aspects to their workflow that enterprise software doesn’t automate. For example, in accounts payable companies often have to pull from or send invoices to a portal. You may have to extract only a few hundred invoices a month, so the process remains manual since it would be costly and time-consuming for IT to build an integration. But RPA can automate that process very quickly and affordably.