Home › RPA For My Business › Industries › Accounting and Finance
RPA Workflow Automation for Accounting Firms
According to a 2019 Economist survey, 59% of Finance and Accounting leaders believe Robotic Process Automation will make their business more competitive. RPA helps organizations boost productivity, drive down costs, and streamline compliance.
It frees more time for teams to act proactively and focus on value added work that brings revenue to the business.
Most Accounting and Finance functions are rules-based, making them prime candidates for RPA. Some areas in which we have seen notable results deploying RPA for F&A functions include:
- Sales quote generation
- Invoice distribution
- Order data validation
- Payment matching and processing
- Travel and expense processing
- Financial statement preparation
- Updating treasury systems
- General ledger updates
- Financial planning and forecasting
- Tax reporting
- Vendor invoice processing
- Vendor payment management
- Cash application
- Logistics management