RPA allows automation of the human tasks that are done on a computer, thereby reducing the time for the task to be done, reducing or eliminating the effort required by a human being, reducing the costs associated with the execution of the task and increasing the quality of the work done.
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In corporate finance, automation changed the game. Accountants and other financial professionals once tasked with manual processes and number-crunching were freed up to focus on more strategic initiatives.
Robotics process automation (RPA) is a recent favorite among some B2B FinTechs. Corporate accounting software company Gappify, for instance, announced only weeks ago that it is rolling out an RPA-fueled bot to automate many accounting processes — that is, to automate processes without requiring human intervention to initiate that automation. RPA-based solution to help companies more easily access data stored within on-premise ERP systems.
1. What is Robotics Process Automation?
2. Initial research and kickoff:
3. Some of the sectors where RPA can be implemented