The evolution from basic task automation platforms to advanced task orchestration and management marks a milestone in the journey toward Intelligent Automation. Task automation platforms initially enabled enterprises to automate repetitive tasks, freeing valuable human resources for more strategic activities. However, as the need for seamless coordination of multiple automated tasks becomes increasingly apparent, enterprises are transitioning toward orchestration approaches that enhance...
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Topics:
Digital Technology,
RPA,
Generative AI,
Intelligent Automation,
Orchestration,
Bot
The early days of my career were spent in HR and payroll systems inside brokerage houses and investment banks. The first CHRO I reported to thought the best way to develop a plan for automating payroll management was for me to run the function’s day-to-day operations. I had no previous experience in payroll but it was a good call, as the trenches of any operations area typically reveal a cornucopia of automation opportunities. Then again, it was a different time; back then the words strategy,...
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Topics:
Human Capital Management,
HRMS,
Workforce Management,
Digital Technology,
Work and Resource Management,
Machine Learning and Cognitive Computing,
Payroll Optimization,
Artificial intelligence,
Total Compensation Management,
RPA,
employee experience,
Chatbots,
Personalization,
Predictive HCM
For several years, I’ve commented on a range of emerging technologies that will have a profound impact on white-collar work in the coming decade. I’ve now coined the term “Robotic finance” to describe this emerging focus, which includes four key areas of technology: Artificial intelligence (AI) and machine learning (ML), robotic process automation (RPA), bots utilizing natural language processing, and blockchain distributed ledger technology (DLT), each of which I describe below. Robotic...
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Topics:
ERP,
Machine Learning,
close,
Consolidation,
Continuous Accounting,
Reconciliation,
CFO,
Robotic Process Automation,
blockchain,
AI,
natural language processing,
Accounting,
RPA,
bots,
voice automation