In the field of accounting, the robots have most definitely arrived.
Front-line accountants may already use some of type of bot, also known as robotics process automation, or RPA. Or maybe they would love to have a bot on their team. Others, of course, may be a bit fearful that automation is going to erase their jobs.
To sort out how RPA works, and is evolving, we turned to Loreal Jiles, vice president for research at the Institute of Management Accountants. She previously led an RPA program overseeing both professionals and bots.
Bloomberg Tax’s Amanda Iacone spoke with Jiles about how RPA can help take tedious and repetitive tasks out of an accountant’s day—with no programming experience required.
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