Overview:
In this course we begin to delve into the topic of Robotic Process Automation (RPA) as it applies to the accounting and finance function. Most RPA implementations begin in the finance and accounting department The finance and accounting function’s role historically means many processes are repetitive and rule based. These are two of the most important criteria in identifying good RPA candidates.
Why you should Attend:
Robotic process automation (RPA) is a software automation tool that automates routine tasks such as data extraction and cleaning through existing user interfaces. The robot has a user ID just like a person and can perform rules-based tasks. Examples include accessing email and systems, performing calculations, creating documents and reports, and checking files.
Prior to delving into an RPA initiative, it is important to have an understanding of the impact of automation, the challenges of RPA and the embedded concepts of RPA such as bots, bot manager and workflow design. These are all elements important to an effective RPA initiative.
In this course we explore RPA in the accounting and finance function.
Areas Covered in the Session:
Who Will Benefit:
Lynn Fountain has over 45 years of experience spanning public accounting, corporate accounting and consulting. 20 years of her experience has been working in the areas of internal and external auditing and risk management. She is a subject matter expert in multiple fields including internal audit, ethics, fraud evaluations, Sarbanes-Oxley, enterprise risk management, governance, financial management and compliance. Lynn has held two Chief Audit Executive (CAE) positions for international companies. In one of her roles as CAE, she assisted in the investigation of a multi-million-dollar fraud scheme perpetrated by a vendor that spanned 7 years and implicated 20 employees. The fraud was formally investigation by the FBI and resulted in 5 indictments estimating a $13M fraud loss.
Ms. Fountain obtained her BSBA from Pittsburg State University and her MBA from Washburn University in Kansas. She has her CPA, CGMA, CRMA credentials.