Ryan, a global tax services and software provide, recently announced that it has joined the Automation Anywhere Technology Alliance Programme to arm tax professionals with robotic process automation (RPA) to refine operational efficiencies.
Automation and digital workers, which are software bots that automate business processes so workers can focus on higher value, strategic tasks, are increasingly being used by organisations around the world, including tax and finance functions. The technology can automate a vast range of manual and cumbersome tasks in a flexible, scalable manner. This ensures a high level of accuracy and consistency, enabling the accelerating move to “real-time” data processing.
The use of RPA, combined with artificial intelligence (AI), machine learning, and analytics, is part of a broader approach to data processing. It is supported by Ryan’s tax transformation expertise through a hands on and flexible approach, with a range of available technology solutions (within clients’ existing portfolios and in the market), enabling an increasing number of clients to build their own “future-fit,” flexible, and scalable tax functions.
“The collaboration with Automation Anywhere is another weapon in our arsenal to help our clients accelerate their own transformation journeys. RPA is a key driver of automation and standardisation, particularly where clients’ tax functions are working with data from a range of sources or managing disparate teams,” said Andrew Burman, Ryan Principal Tax Technology and Transformation. “Combining the capabilities of the Automation Anywhere platform with our expertise and experience will help clients realise their optimal tax operating model and accelerate their tax transformation journey.”
“We are delighted to welcome Ryan into our Technology Alliance Programme,” said Alastair Lines, Director, Strategic Partnerships, Automation Anywhere. “Tax professionals typically spend more than half their time either gathering or manipulating data. By staying ahead of the curve, tax departments can automate routine, predictable tasks that tie up valuable resources and add greater value to the business.”