THE IMPACT OF FINANCIAL PROCESS AUTOMATION ON REDUCING OPERATING COSTS IN MEDIUM-SIZED BUSINESSES

The article examines the impact of automating financial processes on reducing operating costs in mediumsized businesses. The focus is on technologies such as enterprise resource planning (ERP) and robotic process automation (RPA) and their role in optimizing financial operations. Implementing these solutions helps to reduce costs associated with routine tasks, improve data accuracy, and accelerate business processes. The article also analyzes key factors that contribute to the successful automation of financial processes, including technological readiness and staff adaptation. The study's findings indicate that financial process automation enhances overall efficiency and competitiveness for companies, which is especially critical given limited resources.