Robotic Process Automation (RPA) in Finance

Drive greater efficiency, compliance and productivity with finance RPA

Robotic Process Automation Initiatives

Around 80% of finance leaders have implemented or are planning to implement RPA. Still, adoption of new digital technologies and cloud remains a challenging feat.

Learn what your peers have to say about reducing cost, minimizing effort, and improving speed and accuracy with RPA.

Download White Paper

See finance leader perspectives on the emerging field of robotics process automation.

By clicking the "Continue" button, you are agreeing to the Gartner Terms of Use and Privacy Policy.

Contact Information

All fields are required.

  • Step 2 of 3

    By clicking the "Continue" button, you are agreeing to the Gartner Terms of Use and Privacy Policy.

    Company Information

    All fields are required.

    Type company and location
    Optional Optional
  • Step 3 of 3

    By clicking the "Submit" button, you are agreeing to the Gartner Terms of Use and Privacy Policy.

    How do I increase ROI on finance robotics?

    Finance is under pressure to increase the ROI on finance robotics (sometimes called robotic process automation or RPA, smart automation, or intelligent automation). At the same time finance robotics must be scaled out of shared services and into other finance subfunctions such as procurement and tax. 

    One RPA bot can displace up to 30% of the work of a human full time employee (FTE).

    RPA automates finance processes

    Finance robotics is evolving from simple individual task automation to full process automation that could improve the accuracy of financial analysis and forecasts. Automating finance processes requires combining finance robotics with other intelligent automation technologies. 

    RPA desired end state: A robot works for at least 20 hours per day, 7 days per week and 52 weeks per year.
    RPA desired end state: A robot works for at least 20 hours per day, 7 days per week and 52 weeks per year.

    RPA automates finance processes

    Finance robotics is evolving from simple individual task automation to full process automation that could improve the accuracy of financial analysis and forecasts. Automating finance processes requires combining finance robotics with other intelligent automation technologies. 

    Finance RPA insights you can use

    Understand the right places to deploy finance robotics, proven methods for tracking and assessing its benefits, and techniques for handling the integration of finance robotics with team design and structure.

    Special Report: Digital Technology Use Cases in Finance

    Only 37% of finance functions have a clearly defined digital technology investment strategy for the next two to three years.

    Download the Digital Technologies in Finance report to uncover six critical digital capabilities, as well as their finance-specific use cases, to help finance leaders develop a clear understanding of their digital potential.

    Robotic process automation technology usually costs one-third the amount of an offshore employee and one-fifth of an onshore employee.
    More than 13,000 public companies produce upwards of 30,000 hours of earnings calls per year.

    Training for Digital Expertise

    Improving digital competency in finance is essential to get the most out of the broad transformation that is taking place, yet most training is currently inadequate. 

    Discover how leading finance teams are training their way to digital expertise by identifying learning moments, democratizing finance digital transformation and increasing retention.

    More than 13000 public companies produce more than 30000 hours of earnings calls a year

    Accelerate Digital Transformation

    CFOs play a pivotal role in steering their business to digitally-enabled growth, with 94% planning to accelerate digital technologies in 2022.

    Download the 'Digital Future of Finance' report to discover 10 opportunities for CFOs to accelerate digital transformation across both the wider business and the Finance function and learn how to position your organization for success.

    Questions about becoming a Gartner client?

    Gartner Finance Robotics Case Studies

    Defining internal control and governance for finance robotics programs is essential: Clearly delineate responsibilities between bot development, bot operations and bot outputs to yield full utilization of finance robotics and cost savings.

    Joey Mixon

    Director, Advisory, Gartner
    Case Study

    How does Gartner support finance robotics?

    Gartner helps an aerospace & defense company implement finance robotics, achieving cost efficiency and business buy-in.

    Experience Gartner Conferences

    Join your peers for the unveiling of the latest insights at Gartner conferences.

    Gartner’s finance experts are trusted, objective advisors for 1,750+ finance organizations

    Gartner for Finance provides insights, advice and tools to help finance leaders make the right decisions to drive business results.