Date posted: 7/03/2018 3 min read

Are you robot ready?

Robots and accountants? What are your views on Robotic Process Automation?

In brief

  • Robots are coming to finance in the shape of Robotic Process Automation
  • ACCA and CA ANZ are undertaking joint research on the impact of RPA.
  • We want to hear your views on RPA – please complete our online survey.

Mention the word “robot” and R2D2, C3PO or even the garbage-compacting Wall-E may come to mind.

But far from the realm of science fiction, robots are starting to make their mark in finance.

Robotic Process Automation (RPA) is software that can be easily programmed to perform basic tasks and move information across applications just as human workers would, and it’s especially effective when tasks and processes are rule-based.

In theory, these software robots can integrate into accounting systems to perform a wide range of repetitive tasks and communicate with other systems.

Of course, that’s what plenty of humans do. But unlike people, RPA offers a number of advantages. It can work 24/7, doesn’t make mistakes and it’s substantially cheaper than human labour. Oh, and it’s never going to pinch your favourite coffee mug.

But how does RPA work in practice?

That’s where you come in.

ACCA (Association of Chartered Certified Accountants) and Chartered Accountants Australia and New Zealand are currently undertaking a global research project on the impact of RPA on the finance function. 

As part of this research, we are conducting a short online survey to gather the views of Chartered Accountants with experience or knowledge of RPA.

We’d like to hear your thoughts and experiences on the drivers behind RPA adoption in finance teams, as well as the challenges and opportunities you see in the use of this technology for finance leaders.

Please be assured, your answers will be treated as confidential. Your personal details and your individual responses will not be shared between organisations or externally.

Your opinion is of great value to us. The survey will be open until 25 March 2018 and will take just 5-10 minutes to complete.

Take part in the survey

Share your thoughts on RPA by completing our online survey

Complete the short survey here

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