Robotic Process Automation (RPA) in Finance

Drive greater efficiency, compliance and productivity with finance RPA

Robotic Process Automation Initiatives

Around 80% of finance leaders have implemented or are planning to implement RPA. Still, adoption of new digital technologies and cloud remains a challenging feat.

Learn what your peers have to say about reducing cost, minimizing effort, and improving speed and accuracy with RPA.

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See finance leader perspectives on the emerging field of robotics process automation.

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    How do I increase ROI on finance robotics?

    Finance is under pressure to increase the ROI on finance robotics (sometimes called robotic process automation or RPA, smart automation, or intelligent automation). At the same time finance robotics must be scaled out of shared services and into other finance subfunctions such as procurement and tax.

    One RPA bot can displace up to 30% of the work of a human full time employee (FTE).

    RPA automates finance processes

    Finance robotics is evolving from simple individual task automation to full process automation that could improve the accuracy of financial analysis and forecasts. Automating finance processes requires combining finance robotics with other intelligent automation technologies.

    RPA desired end state: A robot works for at least 20 hours per day, 7 days per week and 52 weeks per year.
    RPA desired end state: A robot works for at least 20 hours per day, 7 days per week and 52 weeks per year.

    RPA automates finance processes

    Finance robotics is evolving from simple individual task automation to full process automation that could improve the accuracy of financial analysis and forecasts. Automating finance processes requires combining finance robotics with other intelligent automation technologies.

    Finance RPA insights you can use

    Understand the right places to deploy finance robotics, proven methods for tracking and assessing its benefits, and techniques for handling the integration of finance robotics with team design and structure.

    Special Report: Digital Technology Use Cases in Finance

    Only 37% of finance functions have a clearly defined digital technology investment strategy for the next two to three years.

    Download the Digital Technologies in Finance reportto uncover six critical digital capabilities, as well as their finance-specific use cases, to help finance leaders develop a clear understanding of their digital potential.

    Robotic process automation technology usually costs one-third the amount of an offshore employee and one-fifth of an onshore employee.
    超过13000的上市公司produce upwards of 30,000 hours of earnings calls per year.

    Training for Digital Expertise

    More than 13000 public companies produce more than 30000 hours of earnings calls a year

    Build an Autonomous Finance Function

    Sixty-four percent of CFOs believe autonomous finance can become a reality within the next six years.

    But to make progress towards a function that’s capable of delivering predictive insights, effortless compliance and greater flexibility in financial strategy, CFOs will have to embrace broad experimentation and build their team’s trust in technology.Achieve autonomous finance with three CFO mindset shifts.

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    Gartner Finance Robotics Case Studies

    Defining internal control and governance for finance robotics programs is essential: Clearly delineate responsibilities between bot development, bot operations and bot outputs to yield full utilization of finance robotics and cost savings.

    Joey Mixon

    Director, Advisory, Gartner
    Case Study

    How does Gartner support finance robotics?

    Gartner helped Canada School of Public Service implement an RPA strategy and roll out multiple RPA processes.

    Gartner CFO & Finance Executive Conference

    Join the most important gathering for CFOs to explore potential finance tech providers and get actionable insights for how you can prioritize technology investments.

    Gartner’s finance experts are trusted, objective advisors for 1,750+ finance organizations

    Gartner for Finance provides insights, advice and tools to help finance leaders make the right decisions to drive business results.