This Statement on Management Accounting (SMA) by IMA® (Institute of Management Accountants) Director of Research -- Digital Technology & Finance Transformation, Loreal Jiles, seeks to demystify robotic process automation (RPA) and highlight its critical role in enabling the finance and accounting transformation. The paper explores RPA technology, including capabilities and software, and explains its impact on the finance and accounting function, detailing RPA's wide-reaching applicability to specific finance and accounting process areas.

While many organizations have yet to begin their RPA journeys or realize expected benefits, the paper also provides a blueprint for implementing RPA at scale, useful for large enterprises and small to mid-sized businesses alike, and demonstrates how finance and accounting professionals can derive the most value from the technology.

Other IMA resources on this topic include:

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