The Finance and Accounting industry involves a plethora of transactional processes that are mundane, repetitive, and time-sensitive. One of the challenges for their workforce is to perform these tasks without any error, as even a minor mistake leads to substantial losses.
The robotics revolution is over the horizon as industries across different verticals have started to embrace the latest innovation. Notably, the manufacturing industry is utilizing Robotic Process Automation (RPA) to its fullest for experiencing error-free and streamlined processes, resulting in better productivity and efficiency.
There is nothing Sci-Fi about RPA, we aren’t invaded by a neural net-based conscious group mind, and neither artificial general intelligence systems nor humanoid intelligent robots are influencing public service positions. What I refer to here is the most underrated, behind the scenes web robots used by organizations to exponentially boost staff productivity, efficiency, and revenue.