How to Use Robotics Within Finance Functions?

Sina Gieseking and Kai Grönke
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Sina Gieseking: Horváth & Partners
Kai Grönke: Horváth & Partners

A chapter in Performance Management in Retail and the Consumer Goods Industry, 2019, pp 153-164 from Springer

Abstract: Abstract This contribution describes how the current trend of digitization has gained entry into the financial department. After standardizing processes and implementing shared services, the CFO Organization 4.0 is all about using the potential of big data, predictive forecasting, and robotics. This contribution lists the advantages of these technologies and contains some application examples for accounting and controlling functions. In addition, new roles and functions accompanied by the transformation will be highlighted.

Keywords: Robotics; RPA; Process automatization; Predictive analytics; Shared service center; CFO Organization 4.0 (search for similar items in EconPapers)
Date: 2019
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-030-12730-5_10

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DOI: 10.1007/978-3-030-12730-5_10

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