Posts Categorized: RI-RPA

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May 21, 2019
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Content We Love — Unleash the RPA Bots

People are naturally hesitant to change because we trust what is familiar. However, when competitors achieve financial success through technological change, companies take notice. A recent article by The Wall Street Journal (WSJ) provides an interesting perspective on the positive returns that can be achieved by deploying Robotic Process Automation (RPA) bots to handle manual processes. Share the Organizational Wealth One of the interesting facets of RPA is its...

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March 5, 2019
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Content We Love — AI to “Reshape Rather Than Replace” Finance Workforce

Ever since Artificial Intelligence (AI) was introduced, there has been a strong focus on the disadvantages of utilizing this new technology, especially in finance organizations. One of the most circulated ideas is the belief that AI is out for jobs— to displace the need for accountants. However, The Global Treasurer recently published an article critiquing that common misconception. AI is not a job replacer....

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February 7, 2019
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The CFO’s Guide to Leading with RPA

Though the office of finance goes through cycles of high and low activity, there is always room for improvement. Too many organizations build their financial close process around manual methods that limit visibility, communication and innovation. Innovating your close processes with Robotic Process Automation (RPA) means increased efficiency, decreased costs and reduced risk for your...

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December 13, 2018
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How RPA Can Transform Your Finance Function

Advancements in FinTech have revolutionized the finance and accounting industry. However, despite Robotic Process Automation’s (RPA) proven impact on the finance functions of individual companies, RPA’s adoption rate remains relatively low. Why is that? Recently, Trintech’s Vice President, Ben Cornforth, sat down with Ira Apfel of AFP Conversations to talk about RPA and examine its...

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November 8, 2018
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A History of Robotic Process Automation

Many great inventions have been left to linger in obscurity until a visionary saw a new use. Similarly, the recent emergence of Robotic Process Automation (RPA) has brought to light the interesting journey this innovation has undergone. To elaborate, this blog post goes through the history of robotic process automation, from the isolated craftsmen of old to the specialized accountants of today. Before delving into this metaphor, let...

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November 5, 2018
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Content We Love — The New Digital Workforce

The most efficient and effective tools have always managed to stand out from the noise. In this vein, Robotic Process Automation (RPA), though often relegated to behind-the-scenes work, has been generating attention. A recent CFO.com article provides an interesting perspective on how this technology is spreading throughout the office of finance. Based on a Gartner survey of 64 corporate controllers at companies with greater than...

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October 8, 2018
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The Inevitability of RPA in Finance and Accounting – Ubiquity of Cloud Computing

In the final piece of this three-part blog series, we will touch on the technology enablers which are providing the framework for this re-alignment as well as a glimpse at what the role of F&A professionals may look like as this transformation begins to hit its stride.

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September 8, 2018
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The Inevitability of RPA in Finance and Accounting – Pressure to Further Reduce Cost

First, we unpacked the demographic realities supporting the ongoing emergence of Robotic Process Automation (RPA) within Finance and Accounting. In part 2 of this 3-part blog series, we delve into the business undercurrents which not only support this transformation but perhaps even accelerate it.

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August 8, 2018
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The Inevitability of RPA in Finance and Accounting – Changing Labor Force

Over the next five years a sea-change will be taking place across multiple industries which will impact hundreds of thousands of finance and accounting professionals. The very nature of our business and day to day activities will change as manual “human in the middle” processes give way to rules-based automation, then to machine learning and ultimately to neural cognitive automation. The...

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May 8, 2018
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#ContentWeLove – The Robots Are Coming to Corporate Finance

At Trintech, we have long thought that robots have been misrepresented in larger society. Whether in automotive, manufacturing or movies, robotics is often seen as both a cure-all and a curse. However, robotics is so much more nuanced, and Forbes recently published an interesting perspective on how Robotic Process Automation (RPA) is evolving the office...

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