A typical accounting and finance department has a variety of roles in the organization. Clients and companies are forcing the department to become nimble and quick. They are also looking at this department to get data quickly in real time so that business decisions can be made quickly. However, the technology and processes that organizations currently use might not be suitable to handle this. This is where AI robotic automation can play a crucial role.
There are some processes within the department that can be automated quickly and some that need manual intervention. Here is the criterion for selection of processes to automate:
Highly automatable processes – These are processes that have large volume and are repetitive in nature. You get quick ROI by implementing robots for these processes
Medium automatable processes – These are processes that need humans to complete certain aspects of the process.
Low automation processes – Even for such processes some pieces of it can be automated.
Our consultants can help you guide through which one will give you the most benefit.