Robotic process and intelligent automation for finance

What you will learn

• Understand how automation can assist in the efficiency of the finance function
• Identify how the use of automation can support the organisational strategy
• Correctly identify the opportunities for automation in their function
• Be able to develop a business case for investment in automation
• Appreciate the range of tools that can be used and how to select the right one for your business case
• How to plan the implementation of an automation solution to realise benefits and maximise efficiencies
• Why finance functions need to transform
• The nature of the opportunity
• Target operating model for finance
• Role of the finance function in decision making
• Data governance ? one version of the truth
• Relation between IA and process optimisation
• How clean do your processes need to be?
• Robotic Process Automation
• Machine Learning and Artificial Intelligence
• Python
• Overview of software
• End-user vs. formal IT project
• Agile project approaches
• What type of processes are you looking to automate?
• Repetitive processes vs. judgement
• Is RPA the right solution?
• Repetition and frequency
• Data manipulation
• Do-it yourself ? user level using publicly available / free tools, such as Python
• Off-the-shelf ? package software
• Customised ? vendor developed bespoke solutions
• Selecting the appropriate solution
• What is Python?
• Application of Python to finance problems?
• Machine Learning in context of finance
• Where Python based solutions are
• Practical examples using Python skills
• Skills needed to implement such a solution
• Resources needed
• Nature of RPA tools available
• Case study of implementation
• Simple process definition exercise
• Skills needed to implement such a solution
• Resources needed
• Where customised RPA may be applicable
• Identifying procurement process
• Exercise on selecting right approach
• Defining the problem
• Establishing the benefits
• Identifying the processes
• Project team structure
• Risk management and governance

Program Overview

This course is designed for accountancy, finance and business professionals working in all organisations from small business, large corporates or financial services or who are just interested in learning more about these new and exciting technologies and how they can transform organisational processes and customer experiences of services and products. With a focus on practical skills throughout, this course provides the ability to apply skills as well as understand them.