Insights from The Lab

Robotic Process Automation in Finance and Accounting

Category: Robotic Process Automation in Finance and Accounting


The Top 5 Robotic Process Automation Implementation Critical Roadblocks to Avoid

1. Information security (IS) blocks, delays the start of RPA development Excessive IS “over-caution” delays RPA development and launch—often by months. The IS reasoning is rarely disclosed, but The Lab suspects it may result from a lack of understanding by the IS organization of how RPA works at a detailed level. RPA bots simply automate …

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Robotic accounting – 5 use cases, a case study, and examples of RPA in finance and accounting departments

Robotic process automation (RPA) is rapidly changing the accounting and finance operations, arguably faster than any other piece of modern technology. But a question remains. Why? Why is RPA becoming so popular? Why is it making robotic accounting a term to follow? Just for starters, it can be used to reduce data transcribing tasks by …

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