Education, Science, Technology, Innovation and Life
Open Access
Sign In

Research on Optimization of Accounts Receivable Management in Financial Sharing Center Based on RPA: A Group as an Example

Download as PDF

DOI: 10.23977/accaf.2023.040103 | Downloads: 120 | Views: 941

Author(s)

Yun Tang 1

Affiliation(s)

1 College of Finance and Accounting, Anhui Institute of International Business, Hefei, China

Corresponding Author

Yun Tang

ABSTRACT

With the development of big data, RPA technology and other Internet technologies, we have now entered the era of the digital economy, and financial sharing services are rapidly developing in a more intelligent direction. The accounts receivable business is the core business of the Group's financial sharing centre. Although there has been some development in the accounts receivable process management in the financial sharing centre in recent years, there is still a large amount of mechanical and repetitive human work, which leads to lower efficiency and affects the development of the company. By analysing the current situation of accounts receivable management in A Group retail company, we work out the optimization of accounts receivable process management in the financial sharing center from three aspects: invoice management automation, reconciliation management automation, and aging management automation, and provide some practical reference and theoretical reference for group companies that will build or have built financial sharing service centers.

KEYWORDS

RPA, financial sharing, receivables, finance robot

CITE THIS PAPER

Yun Tang, Research on Optimization of Accounts Receivable Management in Financial Sharing Center Based on RPA: A Group as an Example. Accounting, Auditing and Finance (2023) Vol. 4: 15-22. DOI: http://dx.doi.org/10.23977/accaf.2023.040103.

REFERENCES

[1] Cheng Ping, Ji Wei. Research on optimization of receivable management in financial sharing center based on RPA. Friends of Accounting, 2018 (15): 153-157
[2] Q. Tang, X. Yao, Y. Guan, Y. Guan. Exploring the application of RPA in financial sharing center under the background of "big intelligence and cloud". Business Accounting, 2019 (24): 118-121.
[3] Liu Meiling, Huang Hu, Tong Chengsheng, Liu Kai. Research on the basic framework and construction ideas of intelligent finance. Accounting Research, 2020 (03): 179-192.
[4] Zhang Dawei. Exploring the construction of RPA-based enterprise intelligent financial sharing center. Global Market, 2021, (2): 11-12
[6] Cheng Zeyuan. RPA-based financial sharing center: opportunities, challenges and countermeasures. Modern Economic Information, 2021, (5): 5-6 
[7] Wu WJ, et al. Exploration of RPA-based financial shared service center fund management in the context of oilfield enterprises' financial integration. Friends of Accounting, 2021, (2).
[8] Aguirre S, Rodriguez A. Automation of a business process using robotic process automation (RPA): a case study. Applied Computer Sciences in Engineering, 2017: 65-71.
[9] Sean Harapko. Robotic Process Automation: The Next Step in Transformation. Supply chain brain, 2017, 21 (1), 97-98.
[10] Institute for Robotic Process Automation & Artificial Intelligence. Benefits of RPA. https://irpaai. Com/definition-and-benefits, 2019-06-30.
[11] Julia Kokina, Shay Blanchette. Early evidence of digital labor in accounting: innovation with Robotic Process Automation. International Journal of Accounting Information Systems, Volume35, 2019, 1-12
[12] Sorin Anagnoste. Robotic Automation Process-The operation system for the digital enterprise .Proceedings of the International Conference on Business Excellence, 2018, 12 (1), 54-69.

Downloads: 3503
Visits: 34503

All published work is licensed under a Creative Commons Attribution 4.0 International License.

Copyright © 2016 - 2031 Clausius Scientific Press Inc. All Rights Reserved.