This course is a continuation of our series on digital transformation. In this course we begin to delve into the topic of Robotic Process Automation (RPA) as it applies to the accounting and finance function. Most RPA implementations begin in the finance and accounting department The finance and accounting function’s role historically means many processes are repetitive and rule based. These are two of the most important criteria in identifying good RPA candidates.

Robotic process automation (RPA) is a software automation tool that automates routine tasks such as data extraction and cleaning through existing user interfaces. The robot has a user ID just like a person and can perform rules-based tasks. Examples include accessing email and systems, performing calculations, creating documents and reports, and checking files.

Prior to delving into an RPA initiative, it is important to have an understanding of the impact of automation, the challenges of RPA and the embedded concepts of RPA such as bots, bot manager and workflow design. These are all elements important to an effective RPA initiative.

In this course we explore RPA in the accounting and finance function.

Course Series

This course is included in the following series:

4 CoursesDigital Transformation

  1. Moving Towards Digital Transformation
  2. Digital Transformation: Finance and Accounting IPA and RPA - Part One
  3. Digital Transformation: Finance and Accounting IPA and RPA - Part Two
  4. Digital Transformation: Digitization, Digitalization and Digital Transformation and IT Automation
Learning Objectives
  • Explore the components of intelligent process automation (IPA).
  • Explore robotic process automation (RPA) and it’s important to digital transformation.
  • Explore the potential impact of automation.
  • Explore the RPA automation processes.
  • Discover and evaluate how RPA works.
  • Identify and actions for successful RPA.
  • Recognize potential RPA process candidates.
Last updated/reviewed: March 21, 2024
2 Reviews (14 ratings)


Anonymous Author
The processes which have been going in the business since 1990s are now given new names and conceptual framework.. Having been involved in "implementations" for 20+ years - there is definitely a lot to be desired about how digital transformation happens in practice. Lots of failures for sure, even when highly paid consultants are involved.. however according to those new concepts failures are expected and even encouraged(?).. too bad it all leaves behind a bunch of hard working and demoralized accounting people. Thank you Ms Fountain for structuring this new reality into terms and concepts and giving us a heads-up.

Member's Profile
Effective overview of how Bots are changing the way work will be performed in the accounting and finance areas now and in the future.

Course Complexity: Foundational

No advanced preparation or prerequisites are required for this course.

Education Provider Information
Company: Illumeo, Inc., 75 East Santa Clara St., Suite 1215, San Jose, CA 95113
Contact: For more information regarding this course, including complaint and cancellation policies, please contact our offices at (408) 400- 3993 or send an e-mail to .
Instructor for this course
Course Syllabus
  Introduction to Digital Transformation: Finance and Accounting IPA and RPA - Part One3:24
  Intelligent Process Automation9:58
  Dissecting RPA and Its Importance8:28
  Impact of Automation5:23
  How does RPA Work12:24
  How Does RPA Work Continued10:56
  Actions for Successful RPA18:50
  Challenges of RPA7:20
  Digital Transformation: Finance and Accounting IPA and RPA - Part One1:19:05
  Slides: Digital Transformation: Finance and Accounting IPA and RPA - Part OnePDF
  Digital Transformation: Finance and Accounting IPA and RPA - Part One Glossary/IndexPDF