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    Robotic process and intelligent automation for finance

    BY
    Association of Chartered Certified Accountants via Edx

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    Lavel

    Intermediate

    Mode

    Online

    Duration

    4 Weeks

    Fees

    Free

    Quick Facts

    particular details
    Medium of instructions English
    Mode of learning Self study
    Mode of Delivery Video and Text Based
    Learning efforts 3-4 Hours Per Week

    Course and certificate fees

    Type of course

    Free

    certificate availability

    Yes

    certificate providing authority

    ACCA

    certificate fees

    ₹16,662

    The syllabus

    What is Intelligent Automation

    The concept
    • Why finance functions need to transform
    • The nature of the opportunity
    • Target operating model for finance
    • Role of the finance function in decision making
    • Data governance – one version of the truth
    IA and process improvement
    • Relation between IA and process optimisation
    • How clean do your processes need to be?
    The tools in overview
    • Robotic Process Automation
    • Machine Learning and Artificial Intelligence
    • Python
    How it is delivered ?
    • Overview of software
    • End-user vs. formal IT project
    • Agile project approaches

    Process optimisation

    • Approach
    • Role of automation
    • Workflow management
    • Design thinking
    • Implication on headcount

    Choosing the solution

    • Approach
    • Business issues facing finance
    • Correctly identify the problem / opportunity
    Opportunity
    • What type of processes are you looking to automate?
    • Repetitive processes vs. judgement
    Evaluating candidates
    • Is RPA the right solution?
    • Repetition and frequency
    • Data manipulation
    Types of RPA solution
    • Do-it yourself – user level using publicly available / free tools, such as Python
    • Off-the-shelf – package software
    • Customised – vendor developed bespoke solutions
    • Selecting the appropriate solution

    Do-it-yourself

    Python based solutions
    • What is Python?
    • Application of Python to finance problems?
    • Machine Learning in context of finance
    Examples
    • Where Python based solutions are
    Case studies
    • Practical examples using Python skills
    Skills and resources
    • Skills needed to implement such a solution
    • Resources needed

    Off-the-shelf

    Vendor landscape
    • Nature of RPA tools available
    Demonstration
    • Case study of implementation
    Scenario/lab exercise
    • Simple process definition exercise
    Skills and resources
    • Skills needed to implement such a solution
    • Resources needed

    Customised RPA

    Overview
    • Where customised RPA may be applicable
    • Identifying procurement process

    Comparing options

    Case study
    • Exercise on selecting right approach

    Developing the business case

    Business case
    • Defining the problem
    • Establishing the benefits
    • Identifying the processes
    • Project team structure
    • Risk management and governance

    Activity

    Walk-through exercise of business case

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