TY - JOUR
T1 - Current State and Challenges in the Implementation of Smart Robotic Process Automation in Accounting and Auditing
AU - Gotthardt, Max
AU - Koivulaakso, Dan
AU - Paksoy, Okyanus
AU - Saramo, Cornelius
AU - Martikainen, Minna
AU - Lehner, Othmar
PY - 2020/5/27
Y1 - 2020/5/27
N2 - Technology development has grown rapidly in the last decades and gained importance for accounting and auditing through its identified potentials. Particularly the automation of judgment systems and systems that require human intervention, are deemed to be more relevant to confront a transformation through Robotic Process Automation (RPA). During the continuous development, the augmentation of such systems through Artificial Intelligence (AI) presents a greenfield project with high expectations. However theoretical frameworks have not yet been elaborative and sufficient to capture how such deployments can be conducted. Addressing this research gap, this study presents a summarized overview of the transforming RPA ecosystem and indicates what challenges are critical to being confronted for a successful implementation of such systems in accounting and auditing
AB - Technology development has grown rapidly in the last decades and gained importance for accounting and auditing through its identified potentials. Particularly the automation of judgment systems and systems that require human intervention, are deemed to be more relevant to confront a transformation through Robotic Process Automation (RPA). During the continuous development, the augmentation of such systems through Artificial Intelligence (AI) presents a greenfield project with high expectations. However theoretical frameworks have not yet been elaborative and sufficient to capture how such deployments can be conducted. Addressing this research gap, this study presents a summarized overview of the transforming RPA ecosystem and indicates what challenges are critical to being confronted for a successful implementation of such systems in accounting and auditing
KW - 512 Business and Management
KW - Robotic Process Automation
KW - Artificial Intelligence
KW - Financial technologies
KW - Accounting
KW - Auditing
KW - Technology implementation
KW - Black Box Solutions
UR - http://www.scopus.com/inward/record.url?scp=85089659828&partnerID=8YFLogxK
U2 - 10.35944/jofrp.2020.9.1.
DO - 10.35944/jofrp.2020.9.1.
M3 - Article
SN - 2305-7394
VL - 9
SP - 90
EP - 102
JO - ACRN Journal of Finance and Risk Perspectives
JF - ACRN Journal of Finance and Risk Perspectives
IS - 1
ER -