TLDR
Robotic Process Automation in Finance and Banking can be defined as the use of robotic applications to augment (or replace) human efforts in the financial sector. The global RPA market was valued at $1.57 billion in 2020 and is expected to rise at a CAGR of 32.8% from 2021 to 2028. Financial RPA can automate a large array of reporting tasks, such as monthly closing, reconciliations, and management reports. RPA software can help banks and accounting departments automate repetitive manual processes.via the TL;DR App
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