In SOX Compliance, Use of Data and Automation Can Help With Rising Hours and Control Counts
Seventeen years after the Sarbanes-Oxley Act of 2002, SOX compliance continues to challenge many firms. Though SOX compliance expenses have edged downward during the past year, the costs remain significant for many organizations, especially with respect to the value delivered beyond financial reporting processes. These findings are according to Protiviti’s tenth annual Sarbanes-Oxley (SOX) Compliance Survey. […]
“P” Is for “People”– Changing the Conversation on RPA to Include More Than Automation
Robotic process automation (RPA) is one of the fastest-growing technologies in the workplace today. Introduced as a fast and efficient virtual workforce capable of laboring around the clock with little configuration or training, bots were initially cost-justified through headcount reduction. However, the reality is much different than that initial sales pitch. For one thing, while […]
Paving the Way for Sustainable RPA
Robotic process automation (RPA) is widely touted as an easy and affordable way to improve productivity without creating a lot of work for the IT department. Companies across industries have successfully tested using bots to automate everything from payroll processing to customer and employee onboarding. Pilots have shown that bots, which can work 24/7 without […]
For Technology Startups, Taking a Potentially Faster Path to Going Public Doesn’t Mean Skipping Critical Steps
Many technology startups are delaying their initial public offering (IPO) — waiting years, in some cases — and going well beyond the traditional Series A, B and C rounds of funding to support the development of their products and services. A major downside of this approach is that, by the time the company is ready […]
Who Is Watching the Bots? Part 2 – Operational Challenges (and Solutions)
A lot of organizations are beginning to realize the value of deploying robotic process automation (RPA) to perform high-volume, repetitive tasks that were previously performed by human users. Properly managed, RPA allows companies to scale operations and increase productivity. RPA comes with its own set of operational challenges, however, that must be considered. In Part […]
Who Is Watching the Bots? Part 1 – RPA Governance
Just as a civil society relies on the rule of law, robotic process automation (RPA) at scale requires good governance to enable success while helping to mitigate associated risks. In this post, the first of two highlighting key points from our recent RPA webcast, we look at some elements of good RPA governance. Governance – […]