This course provides a concise overview of robotic process automation (RPA) - technologies that conduct high-volume, repeatable tasks that previously required humans to perform. These "bots" can automatically log into applications, enter data, do calculations, complete tasks, make decisions based on predefined parameters, and log out. While still evolving, RPA applications have the potential to automate many accounting functions, transform business processes, and accelerate financial workflows.
In this course, you learn about:
- RPA overview
- Technology pros and cons
- Implications for the accounting profession
- Case studies
- Leading vendors
- Lessons learned to date
- Key resources and communities online
- Starter strategy for accountants
Who Will Benefit:
Practitioners who want a basic, non-technical understanding of robotic process automation and how to apply the technology in their accounting operations and workflow.
Learning Objectives
- Identify at least 5 ways RPA technologies differ from VBA (Visual Basic for Accountants) or Excel Macros.
- Explore and explain at least 5 ways the technology can be applied to accounting work.
- Identify and point out at least 5 economic and business forces that are driving the growth of the technology.
- Discover and use at least 6 RPA marketplaces to compare the leading technology vendors.
- Identify and list at least 20 case studies that provide guidance on how to successfully implement the technology.
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Prerequisites
Participants should have a basic understanding of Internet technology, online navigation, and digital productivity services.