finance

Finnish Stora Enso has undergone a colossal transformation: from a mere paper manufacturer to a sustainable specialist in renewable products. Its CFO, Seppo Parvi, has been overseeing this repositioning for nearly seven years. Today he is once again steering the €10 billion turnover conglomerate through turbulent waters. His recipe is remarkably simple: keep a constant eye on your cash flow and your working capital, and make sure your people are always on board.

Last week The Banking Scene organized a webinar on Automation in Banking. In an hour long discussion the benefits and pitfalls of automation in finance were discussed. This report summarizes the proceedings: “Be very transparent with your compliance team, your security team, cybersecurity team, and specifically in relation to the vendors that you’re going to engage with for these different components to build out your RPA and Intelligent Automation tool stack”.

Les nouvelles technologies d’automatisation et de robotisation sont un des leviers de la transformation digitale des fonctions financières. Initialement réservée aux grands groupes, propulsée par un effet de hype, supposée complexe, onéreuse et aux impacts humains dévastateurs, cette petite révolution numérique s’adapte aux entreprises de taille moindre, générant de la productivité, de la flexibilité, et créant de nouvelles opportunités pour le plus grand nombre.

La crise du coronavirus a boosté le recours à l’automatisation robotisée des processus (en anglais RPA) au sein de Randstad France, a déclaré récemment sa CFO, Odile Schmutz, lors d’un festival digital organisé par UiPath.

The coronavirus crisis has given a major boost to the use of robot-assisted process automation (RPA) in Randstad France. CFO Odile Schmutz pointed out recently during a digital festival organized by specialist UiPath.

German Bionic, manufacturer of robotic exoskeletons, has closed US $20 million in Series A financing. The round was led by Samsung Catalyst Fund and MIG AG with participation from Storm Ventures, Benhamou Global Ventures, and IT Farm. The financing round will enable German Bionic to expand its market and technology leadership for connected exoskeletons as well as ramp up development of its unique cloud robotics platform.

Hampshire Trust Bank has signed a partnership with data automation firm Centelli to implement robotic process automation (RPA). Powered by UiPath, this RPA platform will support Hampshire Trust Bank’s lending operations.

This morning UiPath organized the webinar RPA for Finance & Accounting: Improving Working Capital Metrics. One of the speakers was Simona Balan, who herself was involved in the introduction of RPA in the finance department of UiPath: “We are our own customer zero”. In this video, Rocking Robots talks to her about this: “If we can do it in such a short time, anyone can do it.”

Yesterday, UiPath hosted the webinar RPA for Finance & Accounting: Improving Working Capital Metrics. Speakers included Mihai Faur, Chief Accounting Officer, who was responsible for introducing RPA to UiPath’s finance department: “Young people don’t want to do boring work anymore. Use robots for that “. In this video, Rocking Robots talks about this with him: “If you really want to get started with AI, you must first have your Robotic Process Automation in order”