This report examines the finance function of high-growth businesses and how this has evolved, providing practical guidance to high potential businesses on how to harness the full potential of the finance function.
Finance leaders obsess about the transformation levers – people, process, technology. The technology component has mainly been limited to communication widgets that facilitate workflow and e-invoicing.
Enter the robots. Robots, robotics, robotics process automation, applied automation – whatever you call it – conjures up an image of a machine replicating the activities of a human doing the work. It is evocative, it’s high-tech, but most importantly it is emblematic of what some see as the next step in the evolution of business process delivery – fewer people in favour of machine-based learning technologies.
But what is a robot? This paper examines the views of ACCA’s finance transformation, shared services and outsourcing advisory group on robots.