Join our monthly section meeting where David Kahan will demystify Robotic Process Automation (RPA), outline its benefits, share predictions and provide insights on how organizations may proactively address the risk and control implications of RPA implementations.
Robotic Process Automation (RPA) technology allows organizations to automate high-volume, deterministic, system-based tasks by introducing a virtual workforce of “robots.” This technology can dramatically reduce costs, while improving service levels, data quality and reducing risk. The financial services industry has embraced RPA as a disruptive force that challenges the current state of business operations while simultaneously aligning with organizational drivers. Risk and Control considerations have been recognized as foundational components of a successful RPA program, yet sometimes perceived as burdensome and therefore may be sidestepped due to competing agendas (e.g. speed to market).
Continue reading January 2019 Section Meeting: How are internal audit departments tracking the risks introduced by Robotic Process Automation?