Robotic Process Automation is fundamentally changing the way organizations work. The technology mimics human behaviour and automates large volumes of rule-based tasks with greater accuracy, efficiency, and speed. Since accounting and financial operations involve a large amount of data processing that is labour-intensive and prone to error, organizations are increasingly adopting RPA for their processes. According to Gartner, about 80% of finance leaders across the globe have implemented or are planning to implement RPA in their organizations. Here we discuss how RPA can automate and transform various Finance and Accounting operations.
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