SlideShare a Scribd company logo
1 of 29
Download to read offline
Intelligent Automation in Finance
2
Ashling Partners | Automate to Innovate
Agenda
Introductions
Who is Ashling Partners?
How does RPA impact Finance?
Intelligent Automation
How can I develop the skills to be relevant in
future?
1
2
3
4
5
ALP UGURAY
Senior Solutions Engineer at Ashling Partners
Ashling Partners | Automate to Innovate 1
+3 years of managing partnerships, launching, running
and scaling solutions and products as a Practice Leader
Witnessed 2 company exits at Symphony Ventures
acquisition and UiPath Inc. IPO
3x UiPath MVP Award – 2020, 2021, 2022
Host & Creator at Masters of Automation Podcast –
A podcast and article series on creative technologists
and entrepreneurs who change the future of work and
our lives. https://themasters.ai
Early adopter and
implementer of RPA and AI
– know old times of UiPath
in Romania before Series A
Since 2016, 6.5 years of
RPA, analytics, AI, and
Low Code expertise
Introduction
SHARON PALAWANDRAM
Machine Learning Consultant at Ashling
Partners
Ashling Partners | Automate to Innovate 1
Proven track record of delivering custom-production
ready machine learning automations & developing
algorithms.
7 years of experience in machine learning, Artificial
Intelligence & Intelligent Automation.
UiPath Document Understanding expert with multiple
experience of developing intelligent automation
solutions using AI & machine learning.
Introduction
Ashling Partners l All rights reserved 2
Don’t just standardize, innovate,
build new products, experiences and
service offerings, empowered by
Intelligent Automation.”
— Param Kahlon,
Chief Product Officer at UiPath Inc.
RPA
Process Mining
Analytics
Low Code
No Code
AI/ML
Workflow
Management
Advisory
The Ashling,
Outcome-Based
Difference
Ashling Partners | Delivering the End-to-End
Intelligent Automation Experience
When we talk to our customers
about the main challenges, they are
looking to address using intelligent
automation, conversations inevitably
center around 3 core concepts that
drive the Ashling Difference:
1. Value Realization
2. Change Management/
Awareness
3. Broader Automated
experiences
Perspectives & Experience
Automation in a product-centric org
Industry Expertise
Industry Acknowledgement
E2E Intelligent Automation Focus
The 4 As of Ashling
Holistic Technical Architecture
Specialized yet Global
Outcome Obsessed
Tech-enable Continuous Improvement
Unique Service Models
Client Stories
Ashling Partners | Automate to Innovate
 Industry / Domain SME
 Value Engineering
 COE & Benchmarking
 FoW Change
Management
 RPA
 Low – Code Apps
 Automated Testing
 Attended
Automation
 Process Mining
 Insights &
Dashboards
 Task Mining
 NLG
 IDP/ Document
Understanding
 Machine Learning
 ML Ops
 NLP
PLAN
BUILD
RUN
MEASURE &
IMPROVE
E2E Intelligent Automation Focus
The 4As of Ashling
Automation that delivers business value at scale requires a holistic approach. The 4As of Ashling provides that E2E capability
Automation
Advisory
Analytics
Artificial
Intelligence
Ashling Partners | Automate to Innovate
Perspectives & Experience
Industry Acknowledgement
Going deep AND wide requires specialization in a technology platform that is best-in-class
across the needed automation capabilities of today. That platform for Ashling is UiPath and
the partnership is innovation and extensive.
&
UiPath Diamond
Partner
☆ Highest Partner
level
☆ Top .5% of US
partners that are
Diamond + USN
certified
UiPath Innovation
Hub Grant Winner
UiPath Service
Network
Growth Innovation
with UiPath Platform
☆ Process Mining
☆ Document
Understanding
☆ Task Mining
☆ Test Suite
☆ AI Center
☆ Automation Suite
☆ UiPath Apps
☆ Insights
UiPath Partner of
the Year
☆ 2020 – Industry Partner
of the Year, Americas
☆ 2021 – Industry
Innovation Award
☆ 2022- Worldwide and
Americas Industry
Innovation Part of the
Year – Growth
Products
☆ Manufacturing
and Distribution
☆ First Global
Partner Member
Ashling Partners | Automate to Innovate
Specialization Around the Globe
Building the digital workforce of the future today
Global Coverage:
As programs scale globally, having a
local presence helps with change
management and business processes as
well as supporting 24x7 SLAs
With programs scaling over multiple
years and across the globe, enterprises
are pressured to show better unit
economics
Having options across regions of the
world help to keep velocity high in order
to deliver value is critical
Scale:
Outcome Focused:
E2E Intelligent Automation Focus
Specialized yet Global
We are the global boutique that will drive the most out of your global automation program, not
just a departmental project
Improving your business across all processes
Lead-to-Order
Order-to-Cash
Trade Promotions
Claims Mgmt
Account Mgmt
Customer Service Mgmt
Incident Mgmt
Other
Accounts Payable
Accounts Receivable
Treasury Mgmt
Financial Reporting
Record-to-Report
HR
IT Service Mgmt
Sourcing
Purchase-to-Pay
Product Allocation
Supply Chain Mgmt
Inventory Management
Warehouse Operations
Pallet Lifecycle
Other
Product Development
Make-to-Stock
Production
Maintenance and Repair
Quality Mgmt
Change Management
Production Planning
Other
DIO
Inventory Turnover
Material / Labor Availability
Out-of-Stock Rate
% Managed Spend
Spend/Revenue
Supplier Metrics
Lead Times
Warranty Costs
R&D Productivity
R&D Expenses
%Scrap/Rejects
Throughput
Machine Downtime
On-Time Production
ESG Rating
OTIF Ratio
Order Cycle Time
Conversion Rate
Automation
Customer Satisfaction
Resolution Times
# Replies per Request
Resolution Rates
Working Capital
Operating Cash Flow
AP/AR Turnover
DPO & DSO
Employee Satisfaction
Resolution Time
Multi-Hop Incidents
Compliance
Contact Center
11
Adopters with a
proactive strategy
have significantly
higher profit
margins.
Adoption & profit margins
12
Applications of machine learning
13
Types of machine learning
How automation can assist – Human-in-the-loop
Ashling Partners 2018 l All rights reserved
14
100%
Manual Effort
50%
Manual Effort
50%*
Automated
Collect Form
from
Salesforce
Collect GTM
Assets
Complete
Questionnaire
Submit
Questionnaire
Collect Form
from
Salesforce
Collect GTM
Assets
Complete
Questionnaire
Submit
Questionnaire
Question 1
Question 2
Question 3
Question 4
% automated is an example and includes human-in-the-loop tasks such as; forms, action-center and more
15
What they asked us to
automate
Classifying and extracting thousands of
documents data from a folder
Which documents are we targeting
IMRs
Wage Statements
Medical Bills
Works Compensation (Report of Injury)
Leveraging AI
~90%
Extraction
Accuracy
85%
Reduction of document
processing time
What are the
business
benefits of
RPA?
Ashling Partners | Delivering the End-to-End
Intelligent Automation Experience
How does Machine
Learning relate to
RPA & Intelligent
automation?
Ashling Partners | Delivering the End-to-End
Intelligent Automation Experience
Long term Value
Assigning accurate probabilities to
events is highly valuable over the
long-term
Predicts trends and forecast
Meaningful predictions come from
meaningful data, RPA + IDC
technologies are often pipelines
carrying meaningful data
Identify underlying patterns
High-value models recognize
patterns within specific, relevant,
and large datasets
Fast track to market
Custom model integration paired
with existing RPA/IDC offerings is a
fast-track to market
18
Robotic Process
Automation (RPA)
What is document Understanding?
Document Understanding is
the ability to extract & interpret
information and meaning from
a wide range of documents.
It emerges at the intersection
of document processing, AI &
RPA.
Document
Processing
Artificial
Intelligence (AI)
Document
Understanding
Not OCR
Not Computer Vision
Anatomy of a document understanding model
Load
taxonomy
to define
document types
and fields for
processing
Digitize
documents
using OCR to
make them
machine-
readable
Export
the extracted
data for
further usage
Classify
and split the
files into
document
types
Validate
classification
results (human
review)
Train
classifiers
based on the
validated data
Extract
information
from the
documents
Validate
extraction
results (human
review)
Train
extractors
based on the
validated data
Human Training
via Action Center
UiPath Robot(s)
20
Types of documents and their
processing
21
Document Understanding
AI capabilities
Get off to a quick start
with AI and improve
accuracy over time
Make use of pre-trained machine
learning models to enhance your
bot with AI. Empower citizen
developers and business users with
no-code Forms AI.
Coupled with traditional RPA, AI
document processing calls for
highly intelligent robots that keep
learning over time to become
more accurate.
22
UiPath Document
Understanding
ecosystem
UiPath
Document
Understanding
Machine
Learning
Models
Forms
AI
Rule
Based
Models
Intelligent
Form
Extractor
Form
Extractor
RegEx
Extractor
Custom
ML
models
Open-
Source
ML
models
Out of
the box
ML
models
23
Capabilities of Machine Learning In UiPath
Let’s see it in action!
Ashling Partners l All rights reserved 24
Careers
26
Emerging jobs in the
‘automation first’
economy
RPA Developers RPA Citizen Developers RPA Users
RPA Business Analysts RPA Solution Architects RPA Infrastructure Engineers
RPA Educators RPA Project Managers RPA Consultants
27
The majority of RPA salaries in the U.S. range
between $65,000 to $164,000, with the average
annual salary being $115,713. The starting salary
in RPA is at $65,000.
www.ziprecruiter.com
Well Paying Jobs
$115,713
per year
Robotic Process Automation - Growth & Prospects
The global RPA market size is anticipated to
exhibit a CAGR of 32.8% over the forecast period
from 2021 to 2028 for a worth of 13.74 billion in
2028 from 1.57 billion in 2020.
www.grandviewresearch.com
RPA Market Size Growth
32.8%
CAGR
Future of work
182
million
By 2025, 85 million jobs may be replaced and 97
million new roles created, with new division
between humans, machines, and algorithms
Future of Work Report 2020 – WEF
84% Eighty-four percent of employers are set to rapidly
digitize working processes.
Future of Work Report 2020 – WEF
Rapid BusinessTransformation
Fifty percent of RPA developers were creating
automations for the highest led industry of
finance and banking.
UiPath 2021 State of the RPA Developer
State of the RPA Developer
50%
7,000+ unique RPA developer jobs were posted
in the US over the past year with only 1 out of 9
being filled.
EMSI-2021
Unique Job Postings
7,000+
openings
28
State of the RPA Developer
Career
Satisfaction
97%
97% of RPA developers
report being satisfied with
their career. Even more
impressive: This year,
63% report being very
satisfied, up from 51%
last year.
Positive Impact
on Career
87%
And this field will help
you in your career where
87% agree their “job as
an RPA developer will
have a positive impact on
their next career move,”
up from 83% last year.
Valued by
Company
85%
85% agree “My
organization values the
work I do as an RPA
developer,” up from 80%
last year.
Diverse Field
86%
RPA is a diverse field . . .
86% think RPA is at least
as or more diverse than
other software
development fields.
Industry Growth
90%
The RPA industry has a
high potential for growth.
Just as we saw last year,
more than 90% agree
“the RPA industry has a
high potential for growth
over the next 5 years.”
https://f.hubspotusercontent20.net/hubfs/416323/UiPath-2021-State-of-the-RPA-Developer-Report.pdf
29
* Logos not fully inclusive of all schools in the program
Academic Alliance Partners at a Glance
United States

More Related Content

What's hot

What's hot (20)

RPA Tutorial for Beginners | RPA Training Using UiPath | UiPath Training Onli...
RPA Tutorial for Beginners | RPA Training Using UiPath | UiPath Training Onli...RPA Tutorial for Beginners | RPA Training Using UiPath | UiPath Training Onli...
RPA Tutorial for Beginners | RPA Training Using UiPath | UiPath Training Onli...
 
How to integrate UiPath into your Microsoft environment
How to integrate UiPath into your Microsoft environmentHow to integrate UiPath into your Microsoft environment
How to integrate UiPath into your Microsoft environment
 
AI in Finance: Moving forward!
AI in Finance: Moving forward!AI in Finance: Moving forward!
AI in Finance: Moving forward!
 
Achieving Business Transformation with UiPath RPA
Achieving Business Transformation with UiPath RPAAchieving Business Transformation with UiPath RPA
Achieving Business Transformation with UiPath RPA
 
GENERATIVE AI, THE FUTURE OF PRODUCTIVITY
GENERATIVE AI, THE FUTURE OF PRODUCTIVITYGENERATIVE AI, THE FUTURE OF PRODUCTIVITY
GENERATIVE AI, THE FUTURE OF PRODUCTIVITY
 
Why Digital Transformation is not an IT Transformation
Why Digital Transformation is not an IT Transformation Why Digital Transformation is not an IT Transformation
Why Digital Transformation is not an IT Transformation
 
UiPath + Alteryx CE Final_042822.pdf
UiPath + Alteryx CE Final_042822.pdfUiPath + Alteryx CE Final_042822.pdf
UiPath + Alteryx CE Final_042822.pdf
 
Business Process Automation A Productivity Lever
Business Process Automation A Productivity LeverBusiness Process Automation A Productivity Lever
Business Process Automation A Productivity Lever
 
Achieving Hyperautomation with UiPath
Achieving Hyperautomation with UiPathAchieving Hyperautomation with UiPath
Achieving Hyperautomation with UiPath
 
Building an AI organisation
Building an AI organisationBuilding an AI organisation
Building an AI organisation
 
AI and ML Series - Leveraging Generative AI and LLMs Using the UiPath Platfor...
AI and ML Series - Leveraging Generative AI and LLMs Using the UiPath Platfor...AI and ML Series - Leveraging Generative AI and LLMs Using the UiPath Platfor...
AI and ML Series - Leveraging Generative AI and LLMs Using the UiPath Platfor...
 
Extreme Automation: The Emergence of RPA and AI for Treasury
Extreme Automation: The Emergence of RPA and AI for TreasuryExtreme Automation: The Emergence of RPA and AI for Treasury
Extreme Automation: The Emergence of RPA and AI for Treasury
 
What is Robotic Process Automation?
What is Robotic Process Automation?What is Robotic Process Automation?
What is Robotic Process Automation?
 
3 Amazing Examples of Real-life RPA Use Cases - Signity
3 Amazing Examples of Real-life RPA Use Cases - Signity3 Amazing Examples of Real-life RPA Use Cases - Signity
3 Amazing Examples of Real-life RPA Use Cases - Signity
 
Robotic process automation overview
Robotic process automation overviewRobotic process automation overview
Robotic process automation overview
 
Introduction to UiPath licensing model
Introduction to UiPath licensing modelIntroduction to UiPath licensing model
Introduction to UiPath licensing model
 
RPA+PPT+v2.ppsx
RPA+PPT+v2.ppsxRPA+PPT+v2.ppsx
RPA+PPT+v2.ppsx
 
An AI Maturity Roadmap for Becoming a Data-Driven Organization
An AI Maturity Roadmap for Becoming a Data-Driven OrganizationAn AI Maturity Roadmap for Becoming a Data-Driven Organization
An AI Maturity Roadmap for Becoming a Data-Driven Organization
 
Artificial Intelligence Introduction & Business usecases
Artificial Intelligence Introduction & Business usecasesArtificial Intelligence Introduction & Business usecases
Artificial Intelligence Introduction & Business usecases
 
How to set up an ai center of excellence
How to set up an ai center of excellenceHow to set up an ai center of excellence
How to set up an ai center of excellence
 

Similar to Intelligent Automation in Accounting and Finance with IMA Queens College Student Chapter

Dev Dives: Unlock AI-driven automation with semantic automation & communicati...
Dev Dives: Unlock AI-driven automation with semantic automation & communicati...Dev Dives: Unlock AI-driven automation with semantic automation & communicati...
Dev Dives: Unlock AI-driven automation with semantic automation & communicati...
Cristina Vidu
 

Similar to Intelligent Automation in Accounting and Finance with IMA Queens College Student Chapter (20)

Intelligent automation surpasses RPA to accelerate performance
Intelligent automation surpasses RPA to accelerate performance  Intelligent automation surpasses RPA to accelerate performance
Intelligent automation surpasses RPA to accelerate performance
 
Mindfields x Workato - The Role of API-based Automation in Enhancing Employee...
Mindfields x Workato - The Role of API-based Automation in Enhancing Employee...Mindfields x Workato - The Role of API-based Automation in Enhancing Employee...
Mindfields x Workato - The Role of API-based Automation in Enhancing Employee...
 
Robotic Process Automation (RPA) in Manufacturing Industry
Robotic Process Automation (RPA) in Manufacturing IndustryRobotic Process Automation (RPA) in Manufacturing Industry
Robotic Process Automation (RPA) in Manufacturing Industry
 
Generative AI.pptx
Generative AI.pptxGenerative AI.pptx
Generative AI.pptx
 
Rpa webinar part 1 nov 2021
Rpa webinar part 1 nov 2021Rpa webinar part 1 nov 2021
Rpa webinar part 1 nov 2021
 
RPA Summer School EMEA APAC Studio Session 1.pdf
RPA Summer School EMEA APAC Studio Session 1.pdfRPA Summer School EMEA APAC Studio Session 1.pdf
RPA Summer School EMEA APAC Studio Session 1.pdf
 
The UiPath Platform.pdf
The UiPath Platform.pdfThe UiPath Platform.pdf
The UiPath Platform.pdf
 
Time to move from process focused automation to data centric automation ppt
Time to move from process focused automation to data centric automation pptTime to move from process focused automation to data centric automation ppt
Time to move from process focused automation to data centric automation ppt
 
Dev Dives: Unlock AI-driven automation with semantic automation & communicati...
Dev Dives: Unlock AI-driven automation with semantic automation & communicati...Dev Dives: Unlock AI-driven automation with semantic automation & communicati...
Dev Dives: Unlock AI-driven automation with semantic automation & communicati...
 
Robotic Process Automation in Supply Chain Management
Robotic Process Automation in Supply Chain ManagementRobotic Process Automation in Supply Chain Management
Robotic Process Automation in Supply Chain Management
 
Apagen company profile
Apagen company profileApagen company profile
Apagen company profile
 
Adoption of Robotic Automation Process
Adoption of Robotic Automation ProcessAdoption of Robotic Automation Process
Adoption of Robotic Automation Process
 
HOW TO OVERCOME TECHNICAL LIMITATIONS TO SCALE UP AUTOMATION
 HOW TO OVERCOME TECHNICAL LIMITATIONS TO SCALE UP AUTOMATION HOW TO OVERCOME TECHNICAL LIMITATIONS TO SCALE UP AUTOMATION
HOW TO OVERCOME TECHNICAL LIMITATIONS TO SCALE UP AUTOMATION
 
The Fully Automated Enterprise (RPA)
The Fully Automated Enterprise (RPA)The Fully Automated Enterprise (RPA)
The Fully Automated Enterprise (RPA)
 
Rpa ai automation webinar by new, cfgi, ui path 11 82018
Rpa ai automation webinar by new, cfgi, ui path 11 82018Rpa ai automation webinar by new, cfgi, ui path 11 82018
Rpa ai automation webinar by new, cfgi, ui path 11 82018
 
Rpa consulting service in cognic
Rpa consulting service in cognicRpa consulting service in cognic
Rpa consulting service in cognic
 
Enabling Customers to Take Automation at Scale
Enabling Customers to Take Automation at Scale Enabling Customers to Take Automation at Scale
Enabling Customers to Take Automation at Scale
 
Hyperautomation & AI/ML: Keys to Digital Transformation Success
Hyperautomation & AI/ML: Keys to Digital Transformation SuccessHyperautomation & AI/ML: Keys to Digital Transformation Success
Hyperautomation & AI/ML: Keys to Digital Transformation Success
 
Communauté UiPath Suisse romande - Séance de janvier 2024
Communauté UiPath Suisse romande - Séance de janvier 2024Communauté UiPath Suisse romande - Séance de janvier 2024
Communauté UiPath Suisse romande - Séance de janvier 2024
 
Communauté UiPath Suisse romande - Séance de janvier 2024
Communauté UiPath Suisse romande - Séance de janvier 2024Communauté UiPath Suisse romande - Séance de janvier 2024
Communauté UiPath Suisse romande - Séance de janvier 2024
 

More from Diana Gray, MBA

More from Diana Gray, MBA (20)

What it Takes to Automate Your Organization and Develop a Mature Automation S...
What it Takes to Automate Your Organization and Develop a Mature Automation S...What it Takes to Automate Your Organization and Develop a Mature Automation S...
What it Takes to Automate Your Organization and Develop a Mature Automation S...
 
2022.11 - Women in Automation - Introduction to RPA_PD.pptx
2022.11 - Women in Automation - Introduction to RPA_PD.pptx2022.11 - Women in Automation - Introduction to RPA_PD.pptx
2022.11 - Women in Automation - Introduction to RPA_PD.pptx
 
Generate Metrics from Transactions - Chicago Meetup
Generate Metrics from Transactions - Chicago MeetupGenerate Metrics from Transactions - Chicago Meetup
Generate Metrics from Transactions - Chicago Meetup
 
Women in Automation: Launch Your Career with RPA - Part 2 of 3
Women in Automation: Launch Your Career with RPA - Part 2 of 3Women in Automation: Launch Your Career with RPA - Part 2 of 3
Women in Automation: Launch Your Career with RPA - Part 2 of 3
 
FORWARD 5 Key Highlights and Product Updates - Philadelphia Chapter
FORWARD 5 Key Highlights and Product Updates - Philadelphia ChapterFORWARD 5 Key Highlights and Product Updates - Philadelphia Chapter
FORWARD 5 Key Highlights and Product Updates - Philadelphia Chapter
 
Assisted Task Mining: Driving Continuous Discovery
Assisted Task Mining: Driving Continuous DiscoveryAssisted Task Mining: Driving Continuous Discovery
Assisted Task Mining: Driving Continuous Discovery
 
Women in Automation: Exploring RPA - Part 1 of 3
Women in Automation: Exploring RPA - Part 1 of 3Women in Automation: Exploring RPA - Part 1 of 3
Women in Automation: Exploring RPA - Part 1 of 3
 
UiPath Apps - Data Service, Entity and DS, and Table Control - Developer Seri...
UiPath Apps - Data Service, Entity and DS, and Table Control - Developer Seri...UiPath Apps - Data Service, Entity and DS, and Table Control - Developer Seri...
UiPath Apps - Data Service, Entity and DS, and Table Control - Developer Seri...
 
Consumindo APIs com UiPath
Consumindo APIs com UiPathConsumindo APIs com UiPath
Consumindo APIs com UiPath
 
Introduction to RPA and Document Understanding
Introduction to RPA and Document UnderstandingIntroduction to RPA and Document Understanding
Introduction to RPA and Document Understanding
 
Partner Training: UiPath Digital Marketing Center
Partner Training: UiPath Digital Marketing CenterPartner Training: UiPath Digital Marketing Center
Partner Training: UiPath Digital Marketing Center
 
Document Understanding: Cómo prepararse para una implementación exitosa
Document Understanding: Cómo prepararse para una implementación exitosaDocument Understanding: Cómo prepararse para una implementación exitosa
Document Understanding: Cómo prepararse para una implementación exitosa
 
Technology Series: Intelligently automate core business apps with UiPath and ...
Technology Series: Intelligently automate core business apps with UiPath and ...Technology Series: Intelligently automate core business apps with UiPath and ...
Technology Series: Intelligently automate core business apps with UiPath and ...
 
UiPath Apps - Functions, Expressions, Inline Validations & Function - Develop...
UiPath Apps - Functions, Expressions, Inline Validations & Function - Develop...UiPath Apps - Functions, Expressions, Inline Validations & Function - Develop...
UiPath Apps - Functions, Expressions, Inline Validations & Function - Develop...
 
REFramework: Debugging/Workflow Analyzer/Validation - Developer Series - Part...
REFramework: Debugging/Workflow Analyzer/Validation - Developer Series - Part...REFramework: Debugging/Workflow Analyzer/Validation - Developer Series - Part...
REFramework: Debugging/Workflow Analyzer/Validation - Developer Series - Part...
 
UiPath Apps - Containers, Controls and Events - Developer Series - Part 1 of 4
UiPath Apps - Containers, Controls and Events - Developer Series - Part 1 of 4UiPath Apps - Containers, Controls and Events - Developer Series - Part 1 of 4
UiPath Apps - Containers, Controls and Events - Developer Series - Part 1 of 4
 
REFramework: Queues, Configuration and Creating within the States - Developer...
REFramework: Queues, Configuration and Creating within the States - Developer...REFramework: Queues, Configuration and Creating within the States - Developer...
REFramework: Queues, Configuration and Creating within the States - Developer...
 
How to Scale Your Automation Program
How to Scale Your Automation ProgramHow to Scale Your Automation Program
How to Scale Your Automation Program
 
UiPath REFramework Modify the Framework -Add States, Remove States - Develope...
UiPath REFramework Modify the Framework -Add States, Remove States - Develope...UiPath REFramework Modify the Framework -Add States, Remove States - Develope...
UiPath REFramework Modify the Framework -Add States, Remove States - Develope...
 
UiPath REFramework Overview Developer Series - Part 1 of 4
UiPath REFramework Overview  Developer Series - Part 1 of 4UiPath REFramework Overview  Developer Series - Part 1 of 4
UiPath REFramework Overview Developer Series - Part 1 of 4
 

Recently uploaded

Artificial Intelligence: Facts and Myths
Artificial Intelligence: Facts and MythsArtificial Intelligence: Facts and Myths
Artificial Intelligence: Facts and Myths
Joaquim Jorge
 

Recently uploaded (20)

TrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law DevelopmentsTrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
TrustArc Webinar - Stay Ahead of US State Data Privacy Law Developments
 
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
04-2024-HHUG-Sales-and-Marketing-Alignment.pptx
 
GenCyber Cyber Security Day Presentation
GenCyber Cyber Security Day PresentationGenCyber Cyber Security Day Presentation
GenCyber Cyber Security Day Presentation
 
Powerful Google developer tools for immediate impact! (2023-24 C)
Powerful Google developer tools for immediate impact! (2023-24 C)Powerful Google developer tools for immediate impact! (2023-24 C)
Powerful Google developer tools for immediate impact! (2023-24 C)
 
Scaling API-first – The story of a global engineering organization
Scaling API-first – The story of a global engineering organizationScaling API-first – The story of a global engineering organization
Scaling API-first – The story of a global engineering organization
 
🐬 The future of MySQL is Postgres 🐘
🐬  The future of MySQL is Postgres   🐘🐬  The future of MySQL is Postgres   🐘
🐬 The future of MySQL is Postgres 🐘
 
Artificial Intelligence: Facts and Myths
Artificial Intelligence: Facts and MythsArtificial Intelligence: Facts and Myths
Artificial Intelligence: Facts and Myths
 
Advantages of Hiring UIUX Design Service Providers for Your Business
Advantages of Hiring UIUX Design Service Providers for Your BusinessAdvantages of Hiring UIUX Design Service Providers for Your Business
Advantages of Hiring UIUX Design Service Providers for Your Business
 
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...
 
Developing An App To Navigate The Roads of Brazil
Developing An App To Navigate The Roads of BrazilDeveloping An App To Navigate The Roads of Brazil
Developing An App To Navigate The Roads of Brazil
 
How to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected WorkerHow to Troubleshoot Apps for the Modern Connected Worker
How to Troubleshoot Apps for the Modern Connected Worker
 
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...
 
Partners Life - Insurer Innovation Award 2024
Partners Life - Insurer Innovation Award 2024Partners Life - Insurer Innovation Award 2024
Partners Life - Insurer Innovation Award 2024
 
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...
 
Tata AIG General Insurance Company - Insurer Innovation Award 2024
Tata AIG General Insurance Company - Insurer Innovation Award 2024Tata AIG General Insurance Company - Insurer Innovation Award 2024
Tata AIG General Insurance Company - Insurer Innovation Award 2024
 
A Year of the Servo Reboot: Where Are We Now?
A Year of the Servo Reboot: Where Are We Now?A Year of the Servo Reboot: Where Are We Now?
A Year of the Servo Reboot: Where Are We Now?
 
Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024Axa Assurance Maroc - Insurer Innovation Award 2024
Axa Assurance Maroc - Insurer Innovation Award 2024
 
Strategize a Smooth Tenant-to-tenant Migration and Copilot Takeoff
Strategize a Smooth Tenant-to-tenant Migration and Copilot TakeoffStrategize a Smooth Tenant-to-tenant Migration and Copilot Takeoff
Strategize a Smooth Tenant-to-tenant Migration and Copilot Takeoff
 
A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)A Domino Admins Adventures (Engage 2024)
A Domino Admins Adventures (Engage 2024)
 
AWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of TerraformAWS Community Day CPH - Three problems of Terraform
AWS Community Day CPH - Three problems of Terraform
 

Intelligent Automation in Accounting and Finance with IMA Queens College Student Chapter

  • 2. 2 Ashling Partners | Automate to Innovate Agenda Introductions Who is Ashling Partners? How does RPA impact Finance? Intelligent Automation How can I develop the skills to be relevant in future? 1 2 3 4 5
  • 3. ALP UGURAY Senior Solutions Engineer at Ashling Partners Ashling Partners | Automate to Innovate 1 +3 years of managing partnerships, launching, running and scaling solutions and products as a Practice Leader Witnessed 2 company exits at Symphony Ventures acquisition and UiPath Inc. IPO 3x UiPath MVP Award – 2020, 2021, 2022 Host & Creator at Masters of Automation Podcast – A podcast and article series on creative technologists and entrepreneurs who change the future of work and our lives. https://themasters.ai Early adopter and implementer of RPA and AI – know old times of UiPath in Romania before Series A Since 2016, 6.5 years of RPA, analytics, AI, and Low Code expertise Introduction
  • 4. SHARON PALAWANDRAM Machine Learning Consultant at Ashling Partners Ashling Partners | Automate to Innovate 1 Proven track record of delivering custom-production ready machine learning automations & developing algorithms. 7 years of experience in machine learning, Artificial Intelligence & Intelligent Automation. UiPath Document Understanding expert with multiple experience of developing intelligent automation solutions using AI & machine learning. Introduction
  • 5. Ashling Partners l All rights reserved 2 Don’t just standardize, innovate, build new products, experiences and service offerings, empowered by Intelligent Automation.” — Param Kahlon, Chief Product Officer at UiPath Inc. RPA Process Mining Analytics Low Code No Code AI/ML Workflow Management Advisory
  • 6. The Ashling, Outcome-Based Difference Ashling Partners | Delivering the End-to-End Intelligent Automation Experience When we talk to our customers about the main challenges, they are looking to address using intelligent automation, conversations inevitably center around 3 core concepts that drive the Ashling Difference: 1. Value Realization 2. Change Management/ Awareness 3. Broader Automated experiences Perspectives & Experience Automation in a product-centric org Industry Expertise Industry Acknowledgement E2E Intelligent Automation Focus The 4 As of Ashling Holistic Technical Architecture Specialized yet Global Outcome Obsessed Tech-enable Continuous Improvement Unique Service Models Client Stories
  • 7. Ashling Partners | Automate to Innovate  Industry / Domain SME  Value Engineering  COE & Benchmarking  FoW Change Management  RPA  Low – Code Apps  Automated Testing  Attended Automation  Process Mining  Insights & Dashboards  Task Mining  NLG  IDP/ Document Understanding  Machine Learning  ML Ops  NLP PLAN BUILD RUN MEASURE & IMPROVE E2E Intelligent Automation Focus The 4As of Ashling Automation that delivers business value at scale requires a holistic approach. The 4As of Ashling provides that E2E capability Automation Advisory Analytics Artificial Intelligence
  • 8. Ashling Partners | Automate to Innovate Perspectives & Experience Industry Acknowledgement Going deep AND wide requires specialization in a technology platform that is best-in-class across the needed automation capabilities of today. That platform for Ashling is UiPath and the partnership is innovation and extensive. & UiPath Diamond Partner ☆ Highest Partner level ☆ Top .5% of US partners that are Diamond + USN certified UiPath Innovation Hub Grant Winner UiPath Service Network Growth Innovation with UiPath Platform ☆ Process Mining ☆ Document Understanding ☆ Task Mining ☆ Test Suite ☆ AI Center ☆ Automation Suite ☆ UiPath Apps ☆ Insights UiPath Partner of the Year ☆ 2020 – Industry Partner of the Year, Americas ☆ 2021 – Industry Innovation Award ☆ 2022- Worldwide and Americas Industry Innovation Part of the Year – Growth Products ☆ Manufacturing and Distribution ☆ First Global Partner Member
  • 9. Ashling Partners | Automate to Innovate Specialization Around the Globe Building the digital workforce of the future today Global Coverage: As programs scale globally, having a local presence helps with change management and business processes as well as supporting 24x7 SLAs With programs scaling over multiple years and across the globe, enterprises are pressured to show better unit economics Having options across regions of the world help to keep velocity high in order to deliver value is critical Scale: Outcome Focused: E2E Intelligent Automation Focus Specialized yet Global We are the global boutique that will drive the most out of your global automation program, not just a departmental project
  • 10. Improving your business across all processes Lead-to-Order Order-to-Cash Trade Promotions Claims Mgmt Account Mgmt Customer Service Mgmt Incident Mgmt Other Accounts Payable Accounts Receivable Treasury Mgmt Financial Reporting Record-to-Report HR IT Service Mgmt Sourcing Purchase-to-Pay Product Allocation Supply Chain Mgmt Inventory Management Warehouse Operations Pallet Lifecycle Other Product Development Make-to-Stock Production Maintenance and Repair Quality Mgmt Change Management Production Planning Other DIO Inventory Turnover Material / Labor Availability Out-of-Stock Rate % Managed Spend Spend/Revenue Supplier Metrics Lead Times Warranty Costs R&D Productivity R&D Expenses %Scrap/Rejects Throughput Machine Downtime On-Time Production ESG Rating OTIF Ratio Order Cycle Time Conversion Rate Automation Customer Satisfaction Resolution Times # Replies per Request Resolution Rates Working Capital Operating Cash Flow AP/AR Turnover DPO & DSO Employee Satisfaction Resolution Time Multi-Hop Incidents Compliance Contact Center
  • 11. 11 Adopters with a proactive strategy have significantly higher profit margins. Adoption & profit margins
  • 14. How automation can assist – Human-in-the-loop Ashling Partners 2018 l All rights reserved 14 100% Manual Effort 50% Manual Effort 50%* Automated Collect Form from Salesforce Collect GTM Assets Complete Questionnaire Submit Questionnaire Collect Form from Salesforce Collect GTM Assets Complete Questionnaire Submit Questionnaire Question 1 Question 2 Question 3 Question 4 % automated is an example and includes human-in-the-loop tasks such as; forms, action-center and more
  • 15. 15 What they asked us to automate Classifying and extracting thousands of documents data from a folder Which documents are we targeting IMRs Wage Statements Medical Bills Works Compensation (Report of Injury) Leveraging AI ~90% Extraction Accuracy 85% Reduction of document processing time
  • 16. What are the business benefits of RPA? Ashling Partners | Delivering the End-to-End Intelligent Automation Experience
  • 17. How does Machine Learning relate to RPA & Intelligent automation? Ashling Partners | Delivering the End-to-End Intelligent Automation Experience Long term Value Assigning accurate probabilities to events is highly valuable over the long-term Predicts trends and forecast Meaningful predictions come from meaningful data, RPA + IDC technologies are often pipelines carrying meaningful data Identify underlying patterns High-value models recognize patterns within specific, relevant, and large datasets Fast track to market Custom model integration paired with existing RPA/IDC offerings is a fast-track to market
  • 18. 18 Robotic Process Automation (RPA) What is document Understanding? Document Understanding is the ability to extract & interpret information and meaning from a wide range of documents. It emerges at the intersection of document processing, AI & RPA. Document Processing Artificial Intelligence (AI) Document Understanding Not OCR Not Computer Vision
  • 19. Anatomy of a document understanding model Load taxonomy to define document types and fields for processing Digitize documents using OCR to make them machine- readable Export the extracted data for further usage Classify and split the files into document types Validate classification results (human review) Train classifiers based on the validated data Extract information from the documents Validate extraction results (human review) Train extractors based on the validated data Human Training via Action Center UiPath Robot(s)
  • 20. 20 Types of documents and their processing
  • 21. 21 Document Understanding AI capabilities Get off to a quick start with AI and improve accuracy over time Make use of pre-trained machine learning models to enhance your bot with AI. Empower citizen developers and business users with no-code Forms AI. Coupled with traditional RPA, AI document processing calls for highly intelligent robots that keep learning over time to become more accurate.
  • 23. 23 Capabilities of Machine Learning In UiPath
  • 24. Let’s see it in action! Ashling Partners l All rights reserved 24
  • 26. 26 Emerging jobs in the ‘automation first’ economy RPA Developers RPA Citizen Developers RPA Users RPA Business Analysts RPA Solution Architects RPA Infrastructure Engineers RPA Educators RPA Project Managers RPA Consultants
  • 27. 27 The majority of RPA salaries in the U.S. range between $65,000 to $164,000, with the average annual salary being $115,713. The starting salary in RPA is at $65,000. www.ziprecruiter.com Well Paying Jobs $115,713 per year Robotic Process Automation - Growth & Prospects The global RPA market size is anticipated to exhibit a CAGR of 32.8% over the forecast period from 2021 to 2028 for a worth of 13.74 billion in 2028 from 1.57 billion in 2020. www.grandviewresearch.com RPA Market Size Growth 32.8% CAGR Future of work 182 million By 2025, 85 million jobs may be replaced and 97 million new roles created, with new division between humans, machines, and algorithms Future of Work Report 2020 – WEF 84% Eighty-four percent of employers are set to rapidly digitize working processes. Future of Work Report 2020 – WEF Rapid BusinessTransformation Fifty percent of RPA developers were creating automations for the highest led industry of finance and banking. UiPath 2021 State of the RPA Developer State of the RPA Developer 50% 7,000+ unique RPA developer jobs were posted in the US over the past year with only 1 out of 9 being filled. EMSI-2021 Unique Job Postings 7,000+ openings
  • 28. 28 State of the RPA Developer Career Satisfaction 97% 97% of RPA developers report being satisfied with their career. Even more impressive: This year, 63% report being very satisfied, up from 51% last year. Positive Impact on Career 87% And this field will help you in your career where 87% agree their “job as an RPA developer will have a positive impact on their next career move,” up from 83% last year. Valued by Company 85% 85% agree “My organization values the work I do as an RPA developer,” up from 80% last year. Diverse Field 86% RPA is a diverse field . . . 86% think RPA is at least as or more diverse than other software development fields. Industry Growth 90% The RPA industry has a high potential for growth. Just as we saw last year, more than 90% agree “the RPA industry has a high potential for growth over the next 5 years.” https://f.hubspotusercontent20.net/hubfs/416323/UiPath-2021-State-of-the-RPA-Developer-Report.pdf
  • 29. 29 * Logos not fully inclusive of all schools in the program Academic Alliance Partners at a Glance United States