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CFO Insights: Future smart – Why robotics changes everything

Published on: Jul 13, 2017

What comes to mind when you hear the word “robot?” The robots that are quickly and quietly becoming an integral part of the finance function are in the form of a technology termed “robotic process automation,” RPA for short, with the emphasis squarely on the “PA,” which is more about redeploying human talent to address activities that are less rote and add more value. While RPA is simply software code, it is analogous to those giant yellow-armed robots deployed across factory floors in that it changes the calculus of outsourcing/insourcing decisions by automating labor-intensive tasks. Companies that have turned to business process outsourcing as a way to economically tackle a variety of finance needs may find that an increasing number of them can be handled by RPA. In this issue of CFO Insights, we take a look at the process of implementing RPA and the potential it has to help finance automate its way to higher performance.

This publication was released by our US firm.


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