Robotic Process Automation (RPA) or intelligent automation (the
combination of artificial intelligence and automation) is starting
to change the way business is done.
It is the application of technology allowing employees in a
company to configure computer software or a 'robot' to
reason, collect and extract knowledge, recognize patterns, learn
and adapt to new situations or environments. RPA leverages recent
software abilities made possible by breakthroughs in computing
power, including natural language processing, machine vision, and
speech recognition. As a result, such systems can detect and
produce vast amounts of information and automate entire processes
or workflows.
In recent times we are seeing the application of robotics in
several sectors. Financial services, for instance, is seeing the
adoption of robotics to streamline operations and ensure
appropriate levels of control. In the finance and accounting areas,
robotics can be used for
