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

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DOI: 10.23977/accaf.2023.040103 | Downloads: 167 | Views: 1231

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.

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