At Capgemini’s session entitled “Reimagine Finance Powered by Intelligent Automation,” Marek Sowa (Head of AI and Advanced Automation, Capgemini’s Business Services) will talk about how modern tools, methodologies, and approaches are reimagining finance from being simply a cost driver, to enabling innovative solutions for your organization by leveraging the latest automation mindset. Learn how FPIA supports our clients throughout the entire lifecycle to embed intelligence and drive adoption across their finance operations.
1: Interact (talk / listen)
The ability to listen, read, talk, write and respond to users of the IA solution. The aim here is for technology to ensurethat the interaction feels intuitive and the customer is happy. Examples in this space include chatbots and voicebots.
2: Monitor (watch)
Here technology is used to watch and record key business data. It is used to create knowledge. This would include CCTV and IoT sensors.
3: Knowledge (remember)
This is about being able to store and find information effectively using components like databases and search engines. This is probably the least developed area within corporations, but examples include Wikipedia and employee’s hard drives.
4: Analyze (think)
This is the ability to detect patterns and recognise trends. It applies algorithms to knowledge to determine appropriate action or predict future consequences
5: Service (act)
This area uses technology to take action. We are used to the concept of Robots working on an assembly line and now they are moving into the office.
Finance leaders of today need to understand how intelligent automation can help them achieve the business outcomes they need in revenue growth, profitability, working capital and delivering customer satisfaction, both internally and externally.
Capgemini’s Automation Drive serves our clients as a continuously evolving source of innovation and value. Combining our clients’ business vision with our machine power to deliver new ways of working, drive innovation and increase business value, Automation Drive sources new opportunities that enable our clients to embark on a journey to rethink and reimagine the way they do business.
Service
Master Data Management: automated, preventive controls in upstream processes at source to eliminate errors and enable straight through processing during the Close
Record and Account: Prepare and Process Journal Entries (RPA + Cadency JE), Sundry Invoicing and Fixed Assets requests (Block Chain)
Close: Month End Closing – touchless process enabled through scheduled jobs in line with MEC calendar (Cadency Close); Daily run of the Internal Order Settlements, Assessments and Allocations on incremental basis – daily resolution process
Report: Retrieve data - including ad-hoc requests (RPA + Interaction Bot), Develop RPA for data transfer to enable touchless reporting if no interface possible
Knowledge:
One source of truth for all R2A Processes used by End Customers, Accountants and Technology. Knowledge libraries to store the data related to the in scope service, including:
Key business user questions, Data analysis instructions & hints
Statutory regulations and International Financial Reporting Standards
Company Accounting Policies and Guidelines, Control Framework, Process Documentation, Journal calculations
Potential errors resolution scenarios and Country exceptions
Thresholds and pre-agreed rulesets (example: cost allocation keys)
Year end and quarter end protocols
Interact:
R2A Service Desk
Deliver interaction via different channels directed to the different groups of users to ensure the customer satisfaction and the efficient process (query workflow - Q2R)
Enable communication between End Users and Automation Tools / RPA via Interaction Bots to act on ad-hoc queries to retreive data and issue resolution flagged by RPA,
Use RPA to enable communication between tools used in R2A processes (example: RPA As A Glue between ERP, Arria, Transversal)
Move from process design to design thinking
Rather than the classic deconstruction where we break the activity into a sequence and look to cut out steps we map the activity to the components of the 5 senses.