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RavenPack: Big data analytics provider for financial services. Content Hub - Peak. Product. SmartAnalysis: Powerful Treasury Management. Bots, algorithms, and the future of the finance function. For years, a global pharmaceutical company had outsourced its procure-to-pay finance activities, such as processing invoices and paying suppliers.

Bots, algorithms, and the future of the finance function

Savings from low-cost labor and improved processes had yielded savings, but managers were eager to explore whether automation could unlock new opportunities. After assessing for themselves how much work could be automatable, estimating the value at stake, and calculating the investment required, they challenged the company’s offshore business-process outsourcer (BPO) to show that it could compete with an automated model. In the end, the pharmaco managers decided not to bring the outsourced elements home to automate. But they did renegotiate the company’s BPO contract, saving 40 percent or more over the next three years. Offshoring, outsourcing, and centralization have been the bread and butter of improving the finance function’s productivity for decades.

Understand what can be automated Rethink people and processes around the technology. Media Broadcast. vRealize Automation Cloud. Desktop Unification as CRM Desktop. BLISS – CimplyFive. TAX digital software UK. Features. Accounts Payable Software - Invoice & AP Automation System. Our complete array of software solutions. Regulatory Reporting - AutoRek. At AutoRek, we provide a range of financial, operational and regulatory reporting and control products that help firms know their data, understand their data, and report completely and accurately on their data.

Regulatory Reporting - AutoRek

Single repositoryStreamlined collection, validation, reconciliation and reporting processesReal time and continuous insight into status and exposureUser configurable dashboards and trend analysisAutomated workflow for governance and auditEfficient electronic sign off and record retentionOutput of data in templated formats required for regulatory reportingAdaptable to meet new regulatory reporting requirementsTime freed to focus on business behaviours, risk mitigation and operational efficiencies The direction of travel for regulators continues to focus on restoring confidence in markets, and improving transparency and fairness.

Firms’ capability and capacity to deliver are continually being tested from an economic and regulatory perspective. Enterprise BI Solutions - Birst Enterprise Partners. Enterprise BI Solutions - Birst Enterprise Partners. Home. QuickFile: Free Accounting Software. Accounting Process Automation. BlackLine is modernizing the finance and accounting function to enable greater productivity and better detection of accounting errors through Continuous Accounting.

Accounting Process Automation

Countingup - Business bank account for freelancers, startups, sole traders, contractors & self-employed. Compleat Software: Finance and budget management software. Future-proof your cashflow. Europe: Automated Tax Software. IFTTT Platform - One connection, countless possibilities. Work Like Tomorrow - Intelligent Automation, Robotic Process Automation, Capture. SaaS Accounting Simplified With Chargebee. Bot Store – Automation Anywhere. Offers A/P automation with artifical intelligence. Thinking big about RPA with NICE and professor Dan Ariely. Get Started. Integration Platform for Connecting SaaS and Enterprise Applications. Get a demo. Says Worldwide Robotic Process Automation Software Market Grew 63% in 2018.

Robotic process automation (RPA) software revenue grew 63.1% in 2018 to $846 million, making it the fastest-growing segment of the global enterprise software market, according to Gartner, Inc.

Says Worldwide Robotic Process Automation Software Market Grew 63% in 2018

Gartner expects RPA software revenue to reach $1.3 billion in 2019. “The RPA market has grown since our last forecast, driven by digital business demands as organizations look for ‘straight-through’ processing,” said Fabrizio Biscotti, research vice president at Gartner. “Competition is intense, with nine of the top 10 vendors changing market share position in 2018.” The top-five RPA vendors controlled 47% of the market in 2018.

The vendors ranked sixth and seventh achieved triple-digit revenue growth (see Table 1). Table 1: RPA Software Market Share by Revenue, Worldwide (Millions of Dollars) Due to rounding, numbers may not add up precisely to the totals shown Source: Gartner (June 2019) Digital Transformation Efforts Drive RPA Adoption “This is an exciting time for RPA vendors,” said Mr. Digital Process Automation Market - Global Forecast to 2023: Increasing Demand for Streamlining Business Processes & Integration of AI and Machine Learning. DUBLIN, Feb. 14, 2019 /PRNewswire/ -- The "Digital Process Automation Market by Component, Business Function (Sales Process Automation, Supply Chain Automation, Claims Automation & Marketing Automation), Deployment Type, Organization Size, Industry Vertical & Region - Global Forecast to 2023" report has been added to's offering.

Digital Process Automation Market - Global Forecast to 2023: Increasing Demand for Streamlining Business Processes & Integration of AI and Machine Learning

The digital process automation market is expected to grow from USD 6.76 billion in 2018 to USD 12.61 billion by 2023, at a Compound Annual Growth Rate (CAGR) of 13.3% during the forecast period. Several factors that are expected to drive the market include the integration of Artificial Intelligence (AI) and Machine Learning (ML) technologies with digital process automation solution, demand for IT resources according to business priorities, and improved IT systems to meet customers' dynamic requirements.

The Small and Medium-sized Enterprises (SMEs) segment is expected to grow at a higher CAGR during the forecast period. Business Process Management Market Share Report.