Benefits and Challenges Associated with Robotic Process Automation in Accounting

Summary

Robotic process automation (RPA) uses software robots to perform tasks that humans normally do. This study investigated how the technology is applied in the field of accounting. It looks at the whole journey of introducing RPA into accounting tasks, from the initial decision to use it, through its setup and operation, to its final impact on the work. The study uses two real-world examples from different companies to understand the process, challenges, and benefits of using RPA in accounting.