While AI and RPA are each valuable in their own right, it is the fusion of the two technologies into a robust IA strategy that can become a catalyst for true digital transformation.

In simplest terms, RPA handles data input and output, and AI analyzes that data for strategic decision-making.

For example, in the finance space, Marcum Technology has been successful in automating the accounts payable process by using robots to pull data from invoices and enter it into the ERP system. This saves time and allows accountants to focus on analytical tasks rather than manual data entry and reconciliation.

The information gathered can then be passed along seamlessly to artificial intelligence for more in-depth analysis to identify patterns or trends, assist with financial planning and forecasting, and facilitate informed decision-making.  Read On: