The year or month-end closing process is among the most critical yet laborious processes of the accounting department. The SAP S/4HANA Accelerated Financial Closing process will address these concerns holistically.
Intelligent RPA
Intelligent RPA is not stopping at RPA 2.0. Thanks to artificial intelligence, robots will become increasingly independent of human input in the future. The expected stages of intelligent RPA are RPA 3.0 {autonomous robots} and RPA 4.0 {cognitive robots}.
RPA and AI support each other and can coexist in integration to form a more robust platform for intelligent automation — automating any front- or back-office business process and orchestrating work across combined human-bot teams
Today, RPA solutions deliver that promise: they automate from old mainframe applications to classic Windows applications as well as modern web-based applications. RPA has started to merge with other technologies like AI and Machine Learning to improve outcomes, SAP and industry call this Intelligent RPA.