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Risks to consider in implementing and maintaining RPA programmes
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.
There is a risk that some robotic process automation could actually diminish the control effectiveness of a process. The benefits of RPA may not outweigh the cost of investment, and the proliferation of robots could lead to a more vulnerable and fragmented technological environment.
Mitigation: Business management should have a structured way of assessing which processes are suitable for automation. This should hinge on predetermined factors, such as: