Automating repetitive and labor-intensive accounting tasks using software robots (also called robotic process automation - RPA) is the latest trend across companies and industries. Across all financial and accounting companies, RPA is disrupting not only internal but also offshore outsourcing models due to its lower costs, accuracy and higher productivity.

A large-scale standardization of processes is the key to RPA's success in accounting. Accounting RPA automation offers the advantage of realizing an ROI almost immediately once it is implemented. Robots are relatively easy to set up since they don't have to be physically integrated with your IT systems.