Just think of cutting your finance workload in half, with no more endless data entry, delayed invoices, or human errors. That’s the true power of automation. And although it’s not so secret any more, for account managers, robotic process automation consulting is rapidly becoming the secret weapon to keep your team ahead of the race.

What’s All the Hype About RPA?

RPA, or robotic process automation, is essentially using software bots to do repetitive things — such as invoice processing, data entry or bank reconciliations — that may otherwise eat up huge amounts of a finance team’s time.

Thanks to robotic process automation (RPA) consulting, today’s companies are turning to bots to do the heavy lifting so they can speed up processes, reduce errors, and lower costs — all while freeing up account managers to do more meaningful work.

RPA in Finance: The Numbers Speak for Themselves

• The RPA market is becoming a global market, rapidly. It is projected to increase to $13 billion by 2026, from $1.4 billion in 2020.

• Almost 70% of finance and accounting processes can be definitely automated by RPA based software.

• Enterprises deploying RPA typically achieve returns on investment (ROI) between 30–80 per cent in 6–12 months.

One thing is for sure, robotics process automation in finance is not just a trend – it’s becoming, well, kind of mandatory.

Stop Losing Your Mind Over Invoice Processing

Take a common example: invoices.

The process of manual invoice processing is slow and error-prone. But, by integrating with RPA for invoice processing, these bots are able to:

• Extract data from invoices

• Match them with purchase orders

• Note them in the ERP system.

• Send automatic approvals

This will save you up to 80% on processing time and substantially reduce human errors by 70% or more!

No wonder that many companies use robotic process automation consulting to introduce invoice automation—it’s highly efficient, precise, and scalable.

More Time, Less Stress

For account managers, RPA is less time doing admin and more time developing a client relationship.

With automated bots managing the bulk of the routine tasks such as:

• Updating CRM records

• Generating monthly reports

• Scheduling follow-ups

…account managers can now concentrate on the tasks that matter: strategy, analysis, and keeping clients happy.

Here is how robotic process automation in accounting is a game-changer. It also plays a role in moving account managers from task-doers to trusted advisors.

Saving money while you do more

Another big win? Cost savings.

By automating routine work, companies lower their labour costs and eliminate errors that might have led to lost revenue. According to research:

• RPA can decrease the cost by 30–50% for finance teams

• Reduction of >70% in manual entry errors of data

• Teams complete tasks 5x faster on average

That not only makes automation smart — it makes it profitable.

Better Accuracy and Compliance

Face it — financial mistakes can be expensive. But bots don’t have fatigue or attention problems. That’s why many organisations are turning to RPA to enhance:

• Data accuracy

• Compliance reporting

• Audit readiness

For instance, one major finance company leveraged bots to automate its monthly compliance reports. Result? Manual Errors Cut By Over 90% and 400+ Hours Saved In Just 3 Months.

With the assistance of robotic process automation consulting, even the most complicated workflows can be streamlined and error-proof.

Smarter, Scalable, Always On

RPA is not only fast, but also smart and scalable. Bots are always working, 24 hours a day, seven days a week, and can do dozens or hundreds of things at once. They’re also simple to ramp up when you’re busy, such as at year’s end when you have a lot of reporting to do or during tax season.

And contemporary RPA tools today rely on AI to read emails, pull out unstructured data, and even anticipate what should happen next. This is the future of robotics process automation in finance — or at least it is already here.

Why You Need Expert Help

Though it might sound simple, after hearing it, remember that RPA is not as easy as plug-and-play. That’s where the real power of robotic process automation consulting comes in.

Consulting experts help with:

• Identifying which tasks to automate

• Choosing the right RPA tools

• Creating workflows around secure and compliant processes

• Training your team up to speed with bots

Without the proper setup, automation can backfire. As many as 50% of RPA projects fail because of poor rollout. So it can make all the difference to have expert help.

Final Thought: Stay Ahead or Fall Behind

It’s not just about saving time with RPA — it’s about out-innovating the competition.

Here’s how account managers can use it to stand out:

And with the right robotic process automation consulting, account managers can automate the humdrum—and focus on growth, innovation, and client success.

Ready to Automate?

If you are really eager to enhance your finance operations quicker and faster, save money and also engage your team, now the time has arrived to look at accounting and finance robotics process automation. Begin small, grow quickly and let automation do the heavy lifting — while you drive with conviction.