In a familiar scenario, with month-end closing on the horizon, an excel sheet surfacing on the computer screen, and the steady tap of keyword stokes make financial analysts think why my organization didn’t automate.
As per the IMA report ,” Around two-thirds of financial analysts said the heavy reliance on spreadsheets increases both the time spent on financial reporting as well as the risk of inaccurate results. “
Considering the risks and problems associated with spreadsheets, including changing accounting standards, time requirements, input errors, and spreadsheet cell linking, the high reliance on spreadsheets is alarming,
Read the complete article at Top 5 RPA Use Cases and Applications for Accounting in 2022