Business process automation - finance and accountingDigital transformation
Business process automation is increasingly being used to reduce operating costs and improve competitiveness. One type of process automation is the Robotic Process Automation technology, which allows virtual robots to carry out repetitive and time-consuming tasks within business processes. Robots can assist humans or replace them in manual and repetitive tasks.
Automation can free up the time of finance and accounting professionals by automating activities such as data entry into systems, handling billing operations or processing payments. Accounting and finance teams can then use their knowledge to make important financial decisions and provide financial management information.