Applications Of Robotic Process Automation In Finance And Accounting

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dc.authorid261824en_US
dc.contributor.authorDoğuç, Özge
dc.date.accessioned2021-10-22T10:04:59Z
dc.date.available2021-10-22T10:04:59Z
dc.date.issued2021
dc.departmentİstanbul Beykent Üniversitesien_US
dc.description.abstractProcesses that contain repetitive and well-defined steps are more suitable for robotic process automation (RPA) than others. Many financial processes such as quarterly reports and balance sheet preparation fall into this category. Also, these processes are voluminous, making the benefits of RPA even more recognizable. Financial institutions (FIs) become aware of the benefits of RPA earlier than others and adopted RPA in many of their applications. Account reconciliations, reporting, and tax planning are among the processes that have been adapted to RPA. RPA has been a popular term in the industry for the last few years, only recently has it started to become a technology that’s within the reach of most organizations. RPA market has been almost doubling every year and it is expected to grow by more than 50 through 2020. Growth in the Turkish market is also substantial: between 2018 and 2020 more than 130 top companies have employed RPA robots in their infrastructure. Banks and technology companies in Turkey adapt RPA faster than other sectors, about 50% of the companies that adapted RPA are from these sectors. This paper discusses applications and advantages of RPA by giving examples from the finance and accounting in Turkey.en_US
dc.identifier.doi10.20854/bujse.906795
dc.identifier.issn1307-3818
dc.identifier.urihttps://doi.org/10.20854/bujse.906795
dc.language.isoenen_US
dc.publisherBeykent Universityen_US
dc.relation.publicationcategoryMakale - Ulusal Hakemli Dergi - Kurum Öğretim Elemanıen_US
dc.subjectFinanceen_US
dc.subjectAutomation technologiesen_US
dc.subjectRPAen_US
dc.subjectFinancial applicationsen_US
dc.subjectFinancial automationen_US
dc.titleApplications Of Robotic Process Automation In Finance And Accountingen_US
dc.typeArticleen_US

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