FINANCIAL
AND
ACCOUNTING
Robotic Process Automation (RPA)
In the F&A, RPA can be a huge relief, especially during the periods of processing the close of the month that have traditionally been executed with no efficient methods discomforting FTEs. Huge amounts of manual, bound to errors data entry is taking up most of employees’ time, not allowing for efficient interaction with customers, in a fully competitive environment where customer demands are increasingly evolving. The need to find new ways of cutting costs and freeing up employees from repetitive tasks is essential along with the need of full regulatory compliance. Automating all the manual, rule based tasks can result in significant cost reductions, while the work is executed in no time and error free.