Robotic Process Automation (RPA) and Accounts Payable

The use of RPA is on the rise in finance processes. RPA is process automation that is server-based and combines process steps with decision models with little to no human oversight. It is typically applied to high-volume transactional processes with limited variation and clearly outlined business rules or decision models, making it the perfect fit for many accounts payable (AP) use cases. This infographic presents highlights on the use of RPA in AP from APQC's Open Standards Benchmarking survey in Accounts Payable and Expense Reimbursement.