Reflections on the Application of RPA in the Digital Transformation of Enterprise Finance

DOI

10.2991/978-94-6463-570-6_61How to use a DOI?

Keywords

RPA; financial digital transformation; enterprise development; automation

Abstract

With the coming of the era of intelligence, the process of the digital transformation of enterprise finance is also accelerating. Robot process automation (RPA) is gradually becoming a key tool to improve the quality and efficiency of enterprise financial process. This paper mainly discusses the application of RPA in the digital transformation of enterprise finance as its influence and limitations. Firstly, the RPA technology and the digital transformation of enterprise finance are introduced. Secondly, this paper studies the places where we can use RPA in the digital transformation of enterprise finance from four aspects which are financial process automation, financial data analysis and reporting, financial risk management and compliance management, enterprise financial efficiency and value creation. The result shows that the application of RPA technology significantly raises the automation level of enterprise finance process reduces the operation costs of the enterprises and improves the efficiency, quality and safety of data processing. In addition, this paper also discusses the limitations of RPA application, which provides a reference for the enterprises to use RPA technology. All in all, RPA has important practical value and broad application prospects in the digital transformation of enterprise finance.

Copyright

© 2024 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Shuwei Zhang
PY  - 2024
DA  - 2024/11/22
TI  - Reflections on the Application of RPA in the Digital Transformation of Enterprise Finance
BT  - Proceedings of the 2024 5th International Conference on Management Science and Engineering Management (ICMSEM 2024)
PB  - Atlantis Press
SP  - 618
EP  - 631
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-570-6_61
DO  - 10.2991/978-94-6463-570-6_61
ID  - Zhang2024
ER  -