RPA (Robotic Process Automation) in Finance & Accounting and Future Scope
Rakesh Kumar, Rupa Khanna Malhotra
Abstract
Many characteristics of robotic process automation (RPA) could lead to both new and comparable adoption effects. The implementation of RPA in the accounting function is examined from beginning to end in this study, which contributes to knowledge on accounting and emerging technologies. Every area of business is based on technology. The current system relies on precise and quick processes that can be implemented with the aid of automation. Robotic systems can achieve accuracy in financial and accounting, which played a significant role. This study investigates the application of RPA in finance and accounting. Research the risks and challenges associated with the implementation of RPA. This study provides recommendations for how to implement RPA in the financial and accounting processes.