Why Should CPA Firms Standardize Processes Before Deploying RPA?

RPA allows complicated digital processes to be automated using a seamless user interface and following a set of predefined protocols. Automating financial processes, such as transferring data from email into transactional systems of record is simplified. RPA is an upgrade over other forms of automation with its ability to imitate a human user. In addition, […]

Streamlining the Journal Entry Process with Robotic Process Automation

With digital transformation being a strategic imperative, financial and accounting firms have started focussing on larger tasks. For instance, auto-certifying account reconciliations or automating high-volume transaction matching has a very high ROI.  With a wide range of applications, robotic automation is no longer simply science fiction. Although financial firms have begun incorporating digitization into various […]

Top challenges accounting firms face today and how they can be overcome

Whether it is the ever-evolving nature of government regulations and tax laws, or the struggle to remain cost-effective, accounting firms today don’t have it easy. According to the 2019 PCPS CPA Firm Top Issues Survey, finding qualified staff and keeping up with changes to tax law are among the CPA firms’ top concerns.  With the […]

How is Robotic Process Automation (RPA) transforming accounting?

According to Gartner, RPA is the fastest-growing segment of the global enterprise software market in the past year. The technology harnesses the power of AI and machine learning to automate diverse, repeatable tasks such as recording transactions, report generation, and data validation. In a nutshell, RPA analyzes data and makes decisions based on a set [...]
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