Many people don’t realize is that the robot has existed for a long time, but different from what they think. There are many types of robots, including the amazon mobile robot, or the shop assistant like Target and Lowe.
However, the deployment of the industrial robot is not the only robot that can promote the business development. There are also many other kinds of robot and many companies have introduced intelligent service robotics to increase the working efficiency of the white-collar.
From financial service to accounting, to IT, most of the staff has a series of work that needs to be performed manually and repetitively. The manual work inherent risks, these risks including overtime work causes unnecessary burden for employees, and the departure and job-hopping.
Companies are looking for new ways to gain the competitive advantages, increase customer and employee loyalty, and, more importantly, to let employees release from boring and tedious work. And also, many companies and staff have found the easiness, freedom and high efficiency with the help of the advanced AI robots.
In financial sector, it is very obvious that, in the next 20 years, the positions will have a 93% high chance of being automated. But many accountants fear that this will lead to their unemployment. However, the rising automation such as the robots is good news to financial sector. With the aid of RPA (Robotic Process Automation), service robots will take the place of manual repetitive tasks, reducing the burden of revenue recognition and other processes. This will finally make the finance team closer to the 80-to-20 rule, with 80% of the time used for analysis rather than manual work.
In order to make the company ahead in the competition, and make the employees to keep their roles engaged and excited, implementing the strategy of the correct RPA is critical to the success of the future business.