Digitalization in Controlling – successful with RPA

Robotic Process Automation (RPA) is no longer the “new kid on the block” – in many companies and organizations, RPA is already an integral part of the automation strategy. Repetitive, structured tasks are taken over by the virtual employee – without changing the automated IT systems. The real, creative and competent employee can focus on value-adding and sustainable activities. This trend will continue in the context of the “Future of Work” and will continue to permeate the various divisions.

Without controlling, it is not possible in a globalized, closely networked and volatile business world to manage companies in a target-oriented and sustainable manner. Furthermore, the development indicates that the challenges of controlling will not be simpler, but that control problems will require all the controller’s creativity and cleverness in the future.

Despite many IT systems, it is evident that many organizations also suffer from very manual and therefore expensive, error-prone and/or inadequate process flows in controlling. RPA offers great potential in various areas of controlling.

RPA as part of the planning and control system

RPA can be used as part of the planning and control system in companies. This means that the virtual employee takes on concrete manual processes in Controlling. A project example is the monthly closing of a global automotive supplier’s monthly accounts: the process included a large number of different systems – from SAP, various web portals to Excel evaluations, the merging, and matching of which was manual, slow and error-prone. In just a few weeks, the process could be fully automated in the German subsidiary. The process is now executed weekly to detect problems early on. Today, additional international subsidiaries have been added and automated – more are in the planning stage.

RPA as support for information supply

RPA can also be used as a support for the provision of information in Controlling. Companies with complex organizational structures often face complex information paths and systems. Furthermore, IT systems and organizations are constantly undergoing changes that make it difficult to provide fully automated and complete information in controlling.

A project example is a reporting process that collects and aggregates data from various ERP systems, SAP and databases. Once a month, the process was carried out by an employee at a great expense. RPA enabled parallel processing of data retrieval, which is not only more cost-effective but also a major benefit in terms of quality. The process is nowadays carried out daily, whereby the “virtual colleague” works much faster and more reliably.

Discover your potential

In controlling and ICS, RPA offers enormous potential – not only to save manual effort and costs but also to optimize qualitative aspects such as more complete and frequent checks, daily updated data or the reduction of process errors. We would be pleased to give you a more detailed insight into our extensive project experience and help you discover your RPA potential in controlling.

Meet us at the 31st Stuttgart Controlling and Management Forum of the Horváth Academy at our booth and get to know us personally – we look forward to meeting you!

Tags: RPA

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