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The Impact of Financial Process Automation on Reducing Operating Costs in Medium-sized Businesses

Year: 2025

Type: article

Abstract: 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.

Source: Zenodo (CERN European Organization for Nuclear Research)

DOI: 10.5281/zenodo.14910743

Author: Kidassova Maira

Institution: Private Institution “Karaganda University of Kazpotrebsoyuz”

Language: English

Topic: Robotic Process Automation Applications

Subfield: Industrial and Manufacturing Engineering

Field: Engineering

Domain: Physical Sciences

SDGs: Decent work and economic growth, Industry, innovation and infrastructure

Open Access status: green

OpenAlex ID: W6949781543

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