Robotic Automation: Boosting Productivity and Reducing Errors in Business and IT Audit, Summaries of Accounting

Download Robotic Automation: Boosting Productivity and Reducing Errors in Business and IT Audit and more Summaries Accounting in PDF only on Docsity! Robotic Process Automation is a new technology that allows robots to replicate human activities while monitoring and communicating with digital systems. Most businesses are now utilizing robotic process automation for their business operations or IT audit since it boosts its productivity and reduce the continuing overload tasks by executing more with fewer time and energy consumed. Its impact is far-reaching across various industries as audit process automation can be easily done by robotic process automation. Because an audit may arise at any period, it is necessary that an auditor's actions be adequately documented and monitored. Due to human error, the process may not be fully accurate which results to misleading information to the business but with the help of robot's capability, the business may prepare a precise audit trail. As an outcome of the RPA, faster decision-making is achieved, and human error is minimized.