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What is the relationship between FSSC and RPA

2025-02-25 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > Internet Technology >

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This article mainly talks about "what is the relationship between FSSC and RPA". Interested friends may wish to have a look at it. The method introduced in this paper is simple, fast and practical. Now let the editor take you to learn "what is the relationship between FSSC and RPA"?

What is FSSC?

FSSC is short for Financial shared Service Center (Finance Shared Service Center). As a new financial management model, it has been popularized and applied in many multinational corporations and large domestic enterprises.

As we all know, large enterprises have many organizations, complex business types, large amount of data processing, many accounting inspection items, and low efficiency of manual processing. And a large number of repeated tedious operations, let the financial staff complain incessantly.

The establishment of Financial shared Service Center (FSSC) can standardize and process the financial business with high repeatability, low technical content and easy standardization of different subjects and different places, through the effective integration of personnel, technology and process, so as to solve the disadvantages of repeated investment and low efficiency in the construction of financial functions of large enterprises.

According to statistics, at present, more than 90% of the world's top 500 enterprises have established financial shared service centers. Accenture's survey in Europe also shows that more than 30 multinationals that have established FSSC in Europe have reduced their financial operating costs by an average of 30 per cent.

What is RPA?

RPA (Robotic Process Automation), that is, "robot process automation". According to the pre-set program, the software robot can perform a large number of repeatable operation tasks instead of manual, so as to realize the process automation.

When RPA is applied in the financial field, it can replace manual operation with automation according to the characteristics of financial business content and process, and assist financial personnel to complete a large number of repetitive, boring, single basic business, so as to optimize financial process, improve business processing efficiency and quality, and reduce financial compliance risk.

The relationship between the two:

In short, the RPA financial robot is a "point" and an automated application on the financial process node. The Financial shared Service Center (FSSC) is the "face", which is the reconstruction and optimization of the financial process.

RPA can significantly improve financial accuracy and transaction processing efficiency, and is suitable for repetitive processes with clear rules. In each process link of FSSC, there are a large number of repetitive and mechanical tasks, which can be completed by RPA financial robot to realize the automation of "point", improve the degree of digitization, and further optimize the process and mode of FSSC.

On the one hand, the Financial shared Service Center (FSSC) generates processes and rules to provide a good running foundation and implementation environment for the application of RPA financial robot.

On the other hand, the application of RPA financial robot can liberate financial personnel from a large number of repetitive and mechanical work, and engage in more valuable and creative work, thus greatly improving the service ability and service quality of Financial shared Service Center (FSSC).

At this point, I believe you have a deeper understanding of "what is the relationship between FSSC and RPA". You might as well do it in practice. Here is the website, more related content can enter the relevant channels to inquire, follow us, continue to learn!

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