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In many ways, it’s well-deserved. In a recent survey conducted by the Institute of Finance and Management (IOFM), controllers unloaded about the aspects of AP they found most burdensome and backward. Compared to accounts receivable, payroll, tax and audit, AP was considered by controllers to be the most time and labour-intensive function of all.

Is there any business catchphrase more ubiquitous nowadays than “digital transformation”? Everyone craves the agility, innovation, relevance, engagement, reputation, loyalty, and brand advocacy that digital transformation promises. But how many are willing to do what it takes to achieve the sort of digital transformation that matters? If your organization wants a meaningful digital transformation, then it must be willing to do enough to make it worthwhile; otherwise, you are just putting band-aids on a gaping wound.

Millennials plan to use robots to avoid human interaction at work, as revealed by research commissioned by ABBYY, the global provider of content intelligence solutions and services.

Ninety-five percent of organisations that have implemented robotic process automation (RPA) say the technology has improved productivity, according to Deloitte’s fourth Global Robotics Survey.

Robotic Process Automation is touted as a digital disruptor in the operations realm. In the constant race to outperform competition, companies are looking for ways to streamline processes, reduce costs and focus on value-add activities. RPA is a promising solution for these problems, and so it is no wonder that large and mid-sized organisations across industries are currently piloting or implementing Robotic Process Automation.

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