Catching the Digital Wave! Leveraging Emerging Technologies to Disrupt the Finance & Accounting Function
Digitization is transforming businesses throughout the world. There are four key drivers behind these efforts: improving customer engagement; digitizing products and exploring new business models; improving decision making; and driving operational efficiencies. Organizations need to decide whether they are going to be the disruptor and try to take a lead as a transformer, or whether they are going to play a waiting game, monitor the competitive landscape, and react as necessary to defend market share.
There are a multitude of techniques that can be used to transform business processes. Often, just deciding on what to analyze and automate creates a frustrating dilemma. It’s so easy to be distracted by the identified pain points and symptoms, making it very difficult to step back and view the information objectively.
This professional development session will cover how companies are leveraging robotics process automation (RPA) and process mining to achieve greater efficiencies and cost savings within the Finance function, including:
- How do we detect and resolve harmful bottlenecks, costly inefficiencies, and compliance issues?
- How fast do we get insight into our processes?
- Do we know the root causes well enough to tackle the issues successfully?
- How can process optimization improvements, including the implementation of RPA, meaningfully impact growth, financial results, and performance and risk management?
Join us for an insightful discussion about the future of process analytics and optimization and how to quickly identify where system-driven workflows hit manual process bottlenecks – often areas which are ripe for the use of RPA to drive up automation and drive down costs. Our discussion will also cover case studies involving RPA and process mining – including demonstrations of different technologies available in the market.
Protiviti (a Robert Half Company)
– Audit Plan Development and Execution
– Sarbanes-Oxley Compliance
– COSO Integrated Control Framework (2013) Compliance
– Internal Assurance and Consulting Projects
– Audit Committee and Executive Management Reporting
One and a half (1.5) CPE credits available. Field of Study: Information Technology
FEI is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Questions regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website, www.learningmarket.org.