Learn the essentials about RPA , including the different actions robots can perform and the criteria needed for RPA to be an option, through this e-learning module.
Robotic process automation (RPA) simply involves using software – known as a ‘robot’ – that is programmed to perform high volume, rules-based repetitive tasks that are normally carried out by people interacting with a computer.
Robotic process automation (RPA) and artificial intelligence (AI) are tools that sit on the spectrum of cognitive technologies, and some vendors' offerings are converging. Here you can see the differences.
Robotic process automation (RPA) can save organisations' time, with tasks performed with higher speed and accuracy, as well as removing the risk of human error. However, it is not suitable for all processes and, in some cases, could act as a sticking plaster for a system that needs to be re-engineered.
What opportunities does RPA offer?
The processes that lend themselves to Robotic Process Automation (RPA) are those that are high volume, low complexity and very manual. Within finance functions there are many opportunities, particularly within transaction processing.
Implementing robotic process automation (RPA) isn’t just about cutting labour costs. Here we outline all of the potential benefits to consider when compiling a business case.
Complete ICAEW's e-learning module on RPA to find out more about the different finance processes that can be automated and watch how a robot works to do this in real-time.
To realise the benefits of robotic process automation (RPA) you must first identify processes where the technology will work. Here we provide eight criteria which will help to identify areas where RPA may offer most value to your organisation.
How to implement RPA
Drawing on real-life experiences, this collaborative thought leadership report by ICAEW and the Institute of Chartered Accountants of India (ICAI) considers how finance functions can harness automation to deliver greater value to business and the skills needed by accountants in the future.
There are now a growing number of finance functions using process robotics and automation to automate accounting routines. In this webinar, David Wright, Consultant at Deloitte, explores a number of case studies of how this is being done and lessons learned.
Alison Spottiswoode and Tim Grassam, from RPA software provider Blue Prism, offer practical insights into how to set up and run pilot robotic process automation projects in your organisation, drawing on the firm's 10 years of experience.
Top tips on practical considerations when implementing Robotic Process Automation, from finance professionals who have been piloting RPA in their organisations.
A list of key risks to consider when planning to implement Robotic Process Automation into your finance function, and suggestions on how these can be mitigated.
Della Hudson, Consultant, Author of The Numbers Business, and former owner of Hudson Accountants Ltd writes about her experience of automation as a start-up owner.
Sam Horton, Finance Strategy and Operations Director at Johnson & Johnson, describes the firm’s RPA journey, including the challenges that it faced and how these have been overcome, as well as the benefits of standardisation, improvements in work flow and greater accuracy.
Preparing yourself and your organisation for the impact of disruptive digital technologies might feel like a daunting task, but this eLearning module introduces you to a three step approach that is designed to help businesses embrace this change within finance.
Complete the FDW eLearning course
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Latest content from ICAEW on RPA
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