In this contributed article, Rohit Gupta, CEO and Founder, Auditoria.AI, discusses how the future of finance hinges delicately on the ability to adapt. Unfortunately, the finance department is often the last stop on the progress tour – and sometimes overlooked altogether. Optical Character Recognition (OCR) and Robotic Process Automation (RPA) are two of the most common automation tools in corporate finance today. While both tools serve a specific purpose – RPA is programmed to execute high-volume, repeatable tasks, and OCR helps extract structured data in an automated fashion – as standalone solutions, they no longer pull their weight.
The State of Automation in 2022
Blueprint Software Systems – a leading provider of cloud-based software solutions designed to help large organizations understand and improve their business processes – published its “State of Automation in 2022” report, examining the size of companies’ robotic process automation (RPA) estates, their RPA operating costs, internal RPA ownership, and plans for future automation investment.
Benefits of Automation for Enterprise Data Management
In this article we’ll take a look at how’s and why’s that organizations from many industries are jumping on the automation for data management movement. It’s important that stakeholders understand how well automation performs repetitive data management responsibilities, what tasks still require a human in the loop, and how to evaluate data management automation capabilities.
UiPath Announces CIO Automation Council to Identify Trends and Advance Democratization of Automation
UiPath (NYSE: PATH), a leading enterprise automation software company, announced its inaugural CIO Automation Council comprised of pioneering and innovative CIOs from across industries. Together with leaders from UiPath, the CIO Automation Council endeavors to accelerate automation maturity through sharing best practices; identify new business objectives and market needs for automation; and establish industry benchmarks and provide input to guide industry regulation.
Third Annual Global RPA Industry Report Indicates that Intelligent Automation Will Lead Companies Out of Global Crises
As world tensions increase and the stock market faces volatility, business leaders indicate that intelligent automation has become a pivotal strategy to navigate current market challenges and sustain business performance. Of the 1,000 global organizations surveyed, more than 90 percent say automation addresses the impact of supply chain and economic uncertainty, according to the third edition of the Automation Now & Next report from Automation Anywhere.
Survey Results Identifying the Benefits and Challenges of RPA
Robocorp, a top provider of Gen2 robotic process automation (RPA), announced the results of their State of RPA survey, which was designed to understand the challenges users face with current RPA solutions. The results will help usher in the next generation of enterprise automation – Gen2 RPA.
End-to-End Automation – The Key to Optimize and Transform IT
In the past several years, assisting new business models through use of advancing new technologies helped reveal IT as a strategic function in the enterprise as opposed to an ordinary operational area. This process, however, came at a distinct organizational cost – additional workload to existing IT teams. We’re seeing substantial increases in IT operational activities due to extra service requests, cyberattacks and demand for new digital services.
How Automation Gets Finance Workloads Back in Balance
How can finance teams lighten the workload and take their rightful place advising on business strategies and best practices? Automation can help. Software robots are ideally suited for transaction processing, accounting operations, and compliance work. It’s time for finance teams to do more of what they were meant to do: help the entire business be better. In this eBook from UiPath we’ll take a quick look at how automation can make that happen.
How automation gets finance workloads back in balance
How can finance teams lighten the workload and take their rightful place advising on business strategies and best practices? Automation can help. Software robots are ideally suited for transaction processing, accounting operations, and compliance work. It’s time for finance teams to do more of what they were meant to do: help the entire business be better. In this eBook from UiPath we’ll take a quick look at how automation can make that happen.
Accelerating Roles for RPA in Information Technology
The advancing use of RPA is a great boon to IT organizations within enterprises. RPA is an application of technology administered by business logic using structured entry points, designed for automating business processes. UiPath’s RPA platform paves the way for fully automating the various areas of IT in an enterprise and can take over the tedious jobs that dictate so much of regular work of IT personnel.