DIGITAL TRANSFORMATION
88 on manual data gathering , consolidation , verification , and formatting , leaving just 20 % for high-level analysis and strategic planning . Significant RPA adoption across the industry could change all that . RPA uses AI to train software bots to perform increasingly complex yet repetitive digital tasks , from processing claims and transactions , to monitoring compliance and auditing processes .
This technology is primarily manifesting through a phenomenon known as “ co-bots ”. Rather than removing humans from the equation , the goal of a co-bot deployment is not to replace the human worker , but rather to augment that worker ’ s abilities through repetitive task automation , superior analysis , and workflow management . For example ,
“ The modern CFO is evolving from being a backwards-looking number collector to a trailblazing strategic leader who uses data and emerging technologies ”
— Marc Linden , EVP , GM of Medium Segment Native Cloud Solutions , Sage
AUGUST 2020