In 2020, RPA will bring corporate finance what kind of impact?

Robot process automation (Robotic Process Automation, referred to as the RPA), is a program set in advance by simulation and enhance human and computer interaction process, the conventional rule-based automatic operation. Such as reading e-mail, reconciliation summary, check the file, generate documents and reports such as boring, repetitive, standardized work, you can make the robot took the RPA completed.

"End of the beginning of a violent temper, the beginning of the end of quasi overtime, a tax on to stay up all night." Finance staff often complain that work is heavy and dull. In fact, they accounted for reimbursement, billing payments, bank reconciliation and other repetitive, standards of accounting, finance staff really spent a lot of time and effort.

March 27, science and technology to be held "man-machine cooperation RPA help resume work to resume production of high-end version of the White Paper on taxation RPA dialogue-cum-online publishing" activities. Chu also to the Swiss Science and Technology co-founder and senior vice president and partner at the accounting firm management consulting division caused by the same Yao Chengyi , by way of live online conversations, discuss the resumption of work in the context of the resumption of production, why the corporate finance department gradually choose RPA, RPA in why China began landing taxation and other issues.

To also co-founder and senior vice president of science and technology Rui Chu

Caused a partner with the accounting firm of management consulting department Yao Chengyi

The activities to be caused by the same accounting firm United Technologies officially released the "RPA taxation version of the White Paper" (hereinafter referred to as the White Paper). For the field of financial accounting cost efficiency, endowed with energy demand data for decision-making, the white paper describes the various programs under the RPA scene to help finance and IT workers understand how to evaluate, select, apply RPA products.

United Technologies also be caused by the same accounting firm released "RPA taxation version of the White Paper"

Dialogue Highlights

  • About five or six years ago, RPA is very prevalent in Japan, in recent years, more and more Chinese companies are willing to select local RPA manufacturers.

  • Under ecosystem partners allows companies to focus on product and maintain high profits, at the same time, be able to play their expertise to ensure that customers lower implementation costs.

  • RPA for business people to use, to achieve maximum effect. But industry specializing in surgery, familiar with financial IT infrastructure probably a bit weak, so there must be a simple way like building blocks can be assembled out of a process.

Brilliant dialogue excerpt

1, enter 2020 why companies have chosen RPA?

Yao Chengyi:

This change in trend is more obvious, especially in China, whether it is a large foreign-invested enterprises, or private enterprises, extensive growth in the past from being brought about by the demographic dividend, bonus opportunities, turned to fine management. The so-called fine management, is a core element of cost efficiency. Lowering the efficiency of a good feedback, it is to reduce the operational process, labor participation, which brought the RPA business automation.

About five or six years ago, RPA is very prevalent in Japan, there were many large banks, securities companies, insurance companies, the first to import the RPA, but the effect is very good. This opportunity also allows separated by a sea of ​​China have the opportunity to be the first to appreciate the advantages of this technology RPA.

In addition, RPA's development in China, more and more Chinese companies are willing to select local vendors RPA, there are several reasons:

  • Many companies in China RPA roots a long time, the demand for Chinese enterprises have a more profound understanding.

  • RPA does not need to process domestic software localization, for example, has always been an advantage Chinese interface, which is native software.

  • China's foreign customers for software, knowledge of foreign RPA cognitive speed is relatively slow.

  • With the development of China RPA manufacturers in recent years, in every respect has been greatly improved. For example, security, availability, disaster recovery, version management, and technical behind, some even better than the foreign software.

Chu Rui:

Today's labor costs are too high . Many companies, the biggest monthly expenses is to give everyone wages. And people work long hours make mistakes, some mistakes the enterprise is "fatal", in order to prevent errors, they should arrange for someone to check, which in turn increases labor costs.

RPA has two advantages:

  • On the one hand, compared to machines and people can work around the clock, lower error rates, work to facilitate the audit. A very common example is artificial ticketing and self-service ticket train station.

  • On the other hand, machine and machine compared to the RPA unique advantages: non-invasive, low code. Non-invasive say, RPA can simulate human operation without software system open interface; the code is low, it said, RPA does not require a high level of IT will be able to operate.

2, why the RPA taxation in China began in the fall?

Yao Chengyi:

Finance and accounting field long faced a lot of boring, repetitive work, the processing time is pressing and complex process. The accuracy of financial data, compliance is extremely demanding, once the mistakes, should bear the high costs. After the introduction of RPA, not only can automatically process invoices, tax returns and other repetitive tasks, but also the data in the data of each business systems, financial systems and open up to form a closed-loop data, improve business decision-making efficiency. At the same time, enterprises can also build a digital environment, build automation of operational infrastructure, and look for new forms of business and growth.

The overall quality of financial personnel needs to be improved, a lot of financial staff just mechanical checkout, without the awareness and the ability to cost management. ** value and strength of financial data, analysis and insight from finance staff, is an important decision-making reference management and development of enterprises. ** introduction of the RPA, can be given financial officers of digital capabilities, enhance its efficiency, making it possible to understand the development of business and the industry in business, building the foundation for further professional and higher-value work, helping companies to achieve more effective operating cost control and business breakthroughs .

Chu Rui:

RPA abroad initially and BPO (business process outsourcing) in close cooperation and development. Later, the major accounting firms have brought the RPA banking, insurance, finance and other industries, has achieved remarkable results.

2017, RPA is caused by the same, such as the accounting firm Deloitte into the country, was called "the Financial robot", because the fiscal and taxation work have always been large volume of business, and other highly repetitive pain points, RPA technology landed in the field of taxation, homeopathy. We also have a lot of success RPA technology application cases, the time, by the way we look at a video of the case.

3. Why ecosystems RPA essential?

Yao Chengyi:

RPA manufacturers together partners include accounting firms, consultants, technology providers, integrators, distributors and so on.

RPA in the field, especially the role of advisory body to the accounting firm is particularly important, many RPA landing project solutions they are to do.

Almost all require integrated solutions, we must look for technology and channel partners. Under ecosystem partners allows companies to focus on product and maintain high profits, at the same time, be able to play their expertise to ensure that customers lower implementation costs.

Technology UiBot to be based in China, for some special domestic scene, the special needs of customers, have a better understanding, we can design a more fit products for these needs.

Chu Rui:

Also for the technology to work together, grow together channel forming system has been formed, especially in the current RPA + AI industry is still in the early stages of development, so that partners as soon as possible familiar with the RPA, more urgent.

Around ecological products, but also to gradually build a science and technology partner eco system, to provide customers with customized solutions.

To science and technology in the country also has more than 200 partners to create industry-wide unique "RPA + AI" open platform and the largest developer community, the first domestic RPA completed the construction of the ecological system.

We signed a cooperation agreement with the cause with such leading domestic and foreign institutions, these partners will also come with the campaign RPA + AI battle with science and technology.

4, Q & A: How to choose the RPA enterprise platform?

Yao Chengyi:

The most immediate is the budget . The budget is determined by the size of the implementation. If it is implemented within the small-scale sector, companies generally do not have a lot of input. And if it is enterprise-level or group-level implementation of the budget is not sensitive, functionality and safety of the product relatively more valued.

Depending on the nature of software companies and other enterprises. Such as state-owned enterprises are more inclined to choose domestic enterprises, and European companies, it is possible to select foreign software.

The problem RPA implementation:

  • First, the RPA level employees can not accept to complete their familiar work, but they have to continue to broaden the professional boundaries, explore new job content.

  • Secondly, foreign manufacturers, some of them just in the country to build up the sales team, for domestic customers implementation, service can not keep up?

Chu Rui:

I put the RPA platform selection criteria summarized in five words: open, robust, simple, safe service.

  • ** Open: ** UiBot released from the first day, insist on open community version, and is committed to permanently free of charge.

  • ** Powerful: ** RPA have to face a lot of scenes, only taxation, it will involve automation Excel, Internet Banking, SAP, UFIDA, Kingdee software, so there must be plenty of functional components.

  • ** simple: ** RPA for business people to use, to achieve maximum effect. But industry specializing in surgery, familiar with financial IT infrastructure probably a bit weak, so there must be a simple way like building blocks can be assembled out of a process.

  • ** Safety: ** RPA to relate to financial data, passwords confidential content high, so there must be adequate security measures and security solutions.

  • ** Service: ** RPA process to get started, will inevitably encounter some problems, this time the manufacturers to timely response. In this regard RPA domestic manufacturers an advantage.

RPA has not only brought the value of a single department cost efficiency, but to help businesses achieve higher overall profits, a more long-term value in return, the company will become a long-term trend to follow.

Original Address: https: //www.uibot.com.cn/news-7-1495.html

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