RPA In Finance: How Much of Automation Is Possible?
The ever-increasing competition in the globalized world is pushing the companies to attain new normal every single day. The companies are trying to reduce redundancies and wastages in terms of efforts, time, and manpower along with making an attempt to automate their processes to the extent possible. This helps the companies reduce their costs while increasing the returns on their investments. The margin between costs and returns has to be maintained by all the companies in order to sustain their performance in the market. Whatever has been discussed in the above paragraph has a direct reference to the finance of the organization. Though the department of finance is considered to be a support function of the organization, in reality, the finance department ensures the sustainability and growth of the organization by managing the finances well. However, finance is a tricky subject to be managed. Further, the ever-changing market conditions and regular movements in the financial market m