2. DIGITALLY
TRANSFORMING
FINANCE
In a recent Accenture survey, two-thirds of respondents
said that transforming finance operations through digitally-
based systems is a priority.
33%
48%
said that they had already
modernized their legacy
systems and…
had plans
to do so
3. RPA IS JUST THE BEGINNING
OF DIGITAL TRANSFORMATION
With RPA, you can replace repetitive, transactional tasks
and achieve benefits quickly.
40%
UP TO
Reduction of
transaction costs
2-3 times increase in
staff productivity
All realizable within
the first 12 months
4. GET MORE DIGITAL
TRANSFORMATION BENEFITS
WITH ARTIFICIAL INTELLIGENCE
While the accounts reconciliation process can be 80-
85% automated using RPA, when you pair RPA with
AI, that percentage moves to 95%
To support compliance and regulatory reporting,
AI is also well suited for analyzing a company’s contracts
to adjudicate what revenue gets booked
5. LIBERATING FINANCE
PROFESSIONALS WITH
RPA AND AI
Free finance professionals to concentrate on analysis,
planning and high-value advisory support.
Analyzing Planning Advising
6 7 8
Transaction
Processing
Accounting Exercising
Control
Ensuring
Compliance
Reporting
1 2 3 4 5
RPA and AI automate over 80% of
these finance tasks….
…shifting finance
professionals’ focus to
high-value work
7. LOGISTICS COMPANY
Increased process
standardization from 1% to 80%
• reduced invoice processing
time from 15 days to 1
• improved error-free processing
from 30% to 75%
• reduced costs 30%
AI and RPA deployed
to improve finance operations
and improve working capital
80%
8. GLOBAL TRUCK
MANUFACTURER
$3 billion in revenue gains and capital
efficiency improvement
Applied advanced analytics and
detailed market data analysis to match
its capabilities to market needs
9. GLOBAL IT COMPANY
Improved ability to identify
non-compliant T&E claims by 60%
• saved the company more than
$50 million per year
• reduced human effort in the
auditing process up to 50%
Established AI-based solution
to improve time and expense
(T&E) process
60%
10. Reduced false positives by up to 30%,
allowing staffers to focus on the accounts
that require human judgment and
expertise
AI and machine-learning algorithms
segment transactions and accounts
LARGE GLOBAL BANK
30%
11.
12. RULES FOR LEVERAGING
AI IN FINANCE
#1 #2 #3 #4 #5
Design for outcomes that have
meaningful business impact.
13. RULES FOR LEVERAGING
AI IN FINANCE
#1 #2 #3 #4 #5
Leverage ecosystem partners and
build on existing technologies
developed by others.
14. RULES FOR LEVERAGING
AI IN FINANCE
#1 #2 #3 #4 #5
Think beyond automation.
Re-imagine processes through the lens
of AI, deploying it to augment employee
capabilities and achieve performance
improvements.
15. RULES FOR LEVERAGING
AI IN FINANCE
#1 #2 #3 #4 #5
Build closer partnerships
between the business and IT
—a must for transforming specific
business processes.
16. RULES FOR LEVERAGING
AI IN FINANCE
#1 #2 #3 #4 #5
Invest in upskilling employees to
prepare them for assuming future
roles of higher value.