Robotics Process Automation (RPA)
Robotic Process Automation (RPA) is an affordable solution for organizations to streamline their operations and maximize efficiency. Robots used in RPA interact with applications to perform many mundane tasks such as re-keying data, logging into applications, moving files and folders, copying and pasting and much more. RPA is particularly suitable for processes with high human error rates. It's an inexpensive software-based technology that sits on top of other applications. It requires no special hardware, and works well in almost any IT environment. That’s not all, you also get highest level of enterprise grade security.
Tax compliance work has long involved the manual extraction of data from financial records. Today, robots have arrived on the scene. Software robotics, or “bots,” can automate manual, repetitive, rule-based tasks, freeing tax department professionals to do higher-value activities.
But that’s just the beginning. Watch EY’s Sharda Cherwoo and Hadley Leach describe how robotics fit into the future of tax.
Robotics Process Automation is an affordable solution for organizations to tackle repetitive, low - value added work. Robots used in RPA interact with applications mimicking human actions and can perform many mundane tasks such as re-keying data, logging into applications, moving files and folders, copying and pasting and much more. RPA has been adopted in industries with intense, manual, and administrative processes, such as financial services, insurance and health care. (The information in this demo has been blurred to preserve confidentiality)
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Testimonial - RPA in Tax Accounting
Demo - Customer Account Details
This demo explores how robotics process automation and artificial intelligences are continually redefining the future of work. One minute of work from RPA translates to 15 minutes of human activity. RPA also provides stakeholders with additional flexibility, enabling them to focus on more demanding and value added tasks.