Game Changing RPA Imperatives for Finance Leaders | Huron Consulting Group & UiPath

Presented by Huron Consulting Group & UiPath and Financial Executives International 

 1 CPE Credit Information Technology 

Industries that are achieving early gains from Robotic Process Automation (RPA) are those with high transaction volumes and shared back-office services such as financial services, insurance and healthcare. However, RPA can deliver benefits across the board in all industries. Any company that has implemented shared services or outsourced its back-office functions, including finance, HR, payroll or other areas, may drive internal efficiency and lower third-party outsourcing costs.  They are finding that the potential for resource reallocation and economic benefits are huge—in fact, for many organizations Intelligent Automation using RPA will be game changing especially for finance leaders. 

It’s not only direct costs to consider for improvement, every aspect of the finance function can see the potential benefits of RPA. Reporting, audit, fraud, standard agreements, working capital management, deployment of resources, time to close, credit facility management and tax are all RPA candidates. What’s most important is to think business process first, then technology as an enabler of the process. In order to thrive in today’s economy, finance leaders are looking to lower costs by streamlining processes and increasing productivity while improving the overall customer experience. Robotic Process Automation (RPA) is an important step along the automation and digital transformation spectrum and for CFOs, it is the weapon in their “automating finance” arsenal.

3 Major Learning Points:
What is RPA and why is it imperative for finance?
Which use cases benefit finance organizations most?
With so much potential, how do CFOs get started on their RPA strategy for immediate ROI?

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Ashim Gupta

Chief Customer Success Officer

Brittany Jeronimus

Senior Director
Huron Consulting Group

Rajan Kanwar

Consulting Director, AI and Robotics-Emerging Technologies