Optimizing Business Processes: Harnessing Robotic Process Automation in Chinese Enterprises

Abstract: With the continuous development of science and technology, the study of digital technology in China has become increasingly in-depth. As an effective means for enterprises to achieve automated management and standardized operations, Robotic Process Automation (RPA) has attracted widespread attention. RPA process automation technology can improve the efficiency of financial management and ensure the quality of work while meeting enterprise development needs. This study explores the multifaceted applications and impact of RPA in the financial shared services sector. By utilizing RPA, companies can streamline processes, reduce costs and increase overall operational flexibility. The study delves into the theoretical underpinnings of RPA adoption, drawing on concepts such as economies of scale, process reengineering and information processing theory. In addition, the paper illuminates the transformative impact of RPA on business operations through field case studies, including the pioneering efforts of Sinochem International. By providing a comprehensive analysis of the pros and cons of RPA implementation, this paper provides valuable insights for Chinese companies seeking to optimize their business processes and embrace the era of intelligent automation.

Authors

Publication Details

Journal
Advances in Economics Management and Political Sciences
Published
2024-10-25
DOI
https://doi.org/10.54254/2754-1169/122/20242502
Primary Topic
Robotic Process Automation Applications
Type
article
Field-Weighted Citation Impact
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article

Optimizing Business Processes: Harnessing Robotic Process Automation in Chinese Enterprises

Xiangyang Tan
Advances in Economics Management and Political Sciences
Robotic Process Automation Applications
article

Optimizing Business Processes: Harnessing Robotic Process Automation in Chinese Enterprises

Xiangyang Tan
article en

Abstract

Abstract: With the continuous development of science and technology, the study of digital technology in China has become increasingly in-depth. As an effective means for enterprises to achieve automated management and standardized operations, Robotic Process Automation (RPA) has attracted widespread attention. RPA process automation technology can improve the efficiency of financial management and ensure the quality of work while meeting enterprise development needs. This study explores the multifaceted applications and impact of RPA in the financial shared services sector. By utilizing RPA, companies can streamline processes, reduce costs and increase overall operational flexibility. The study delves into the theoretical underpinnings of RPA adoption, drawing on concepts such as economies of scale, process reengineering and information processing theory. In addition, the paper illuminates the transformative impact of RPA on business operations through field case studies, including the pioneering efforts of Sinochem International. By providing a comprehensive analysis of the pros and cons of RPA implementation, this paper provides valuable insights for Chinese companies seeking to optimize their business processes and embrace the era of intelligent automation.

Advances in Economics Management and Political SciencesVol. 122(1)
Industry, innovation and infrastructure
Openalex Percentile: Top 73%
Robotic Process Automation Applications
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