EdX

Robotic process and intelligent automation for finance (edX)

Offered by ACCA,
Robotic process and intelligent automation for finance (edX)

In this course we explain how automation can play a key role in delivering the requirement to have robust processes and clean data. By using automation tools and machine learning, finance leaders can identify, implement and configure the right solutions for their organisation. It also shows how tools, such as Python, can be applied to finance processes and the benefits this will bring.

Class Deals by MOOC List - Click here and see EdX's Active Discounts, Deals, and Promo Codes.

This course is designed for accountancy, finance and business professionals working in all organisations from small business, large corporates or financial services or who are just interested in learning more about these new and exciting technologies and how they can transform organisational processes and customer experiences of services and products. With a focus on practical skills throughout, this course provides the ability to apply skills as well as understand them.
This course is part of the FinTech for Finance and Business Leaders Professional Certificate.

What you'll learn

  • Understand how automation can assist in the efficiency of the finance function
  • Identify how the use of automation can support the organisational strategy
  • Correctly identify the opportunities for automation in their function
  • Be able to develop a business case for investment in automation
  • Appreciate the range of tools that can be used and how to select the right one for your business case
  • How to plan the implementation of an automation solution to realise benefits and maximise efficiencies

Syllabus

1. What is Intelligent Automation

  • The concept
  • Why finance functions need to transform
  • The nature of the opportunity
  • Target operating model for finance
  • Role of the finance function in decision making
  • Data governance – one version of the truth

IA and process improvement

  • Relation between IA and process optimisation
  • How clean do your processes need to be?

The tools in overview

  • Robotic Process Automation
  • Machine Learning and Artificial Intelligence
  • Python

How it is delivered ?

  • Overview of software
  • End-user vs. formal IT project
  • Agile project approaches

2. Process optimisation
Approach
Role of automation
Workflow management
Design thinking
Implication on headcount

3. Choosing the solution
Approach
Business issues facing finance
Correctly identify the problem / opportunity
Opportunity

  • What type of processes are you looking to automate?
  • Repetitive processes vs. judgement

Evaluating candidates

  • Is RPA the right solution?
  • Repetition and frequency
  • Data manipulation

Types of RPA solution

  • Do-it yourself – user level using publicly available / free tools, such as Python
  • Off-the-shelf – package software
  • Customised – vendor developed bespoke solutions
  • Selecting the appropriate solution

4. Do-it-yourself
Python based solutions

  • What is Python?
  • Application of Python to finance problems?
  • Machine Learning in context of finance
Go to Class
MOOC List is learner-supported. When you buy through links on our site, we may earn an affiliate commission.

Related Courses

Python for Data Science (edX) EdX
University of California, San Diego,UC San DiegoX

Python for Data Science (edX)

Learn to use powerful, open-source, Python tools, including Pandas, Git and Matplotlib, to manipulate, analyze, and visualize complex datasets. In the information age, data is all around us. Within this data are answers to compelling questions across many societal domains (politics, business, science, etc.). But if you had access to a large dataset, would you be able to find the answers you seek?

Self Paced
Self-Paced
Applications of TinyML (edX) EdX
HarvardX,Harvard University

Applications of TinyML (edX)

Get the opportunity to see TinyML in practice. You will see examples of TinyML applications, and learn first-hand how to train these models for tiny applications such as keyword spotting, visual wake words, and gesture recognition. Do you know what happens when you say “OK Google” to a Google device? Is your Google Home always listening? Following on the Foundations of Tiny ML course, Applications of TinyML will give you the opportunity to see tiny machine learning applications in practice. This course features real-world case studies, guided by industry leaders, that examine deployment challenges on tiny or deeply embedded devices.

Self Paced
Self-Paced
Trading - Fundamentals of Technical Analysis (edX) EdX
New York Institute of Finance

Trading - Fundamentals of Technical Analysis (edX)

Learn how to apply technical analysis as a standalone trading methodology or as a supplement to fundamental analysis using tools that are based on price action and other technical principles. In order to apply technical analysis with confidence, it is important to understand the theory of technical analysis, why it’s a rational approach to market analysis and how this discipline relates to fundamental analysis and investor psychology.

Self Paced
Self-Paced
AI in Practice: Preparing for AI (edX) EdX
Delft University of Technology,DelftX

AI in Practice: Preparing for AI (edX)

Learn to recognize and understand the implications of Artificial Intelligence for organizations, and the importance of compliance and ethics when AI is applied in practice. This course is not about difficult algorithms and complex programming; it is a course for anyone interested in learning about the benefits and implications of AI when applied in practical settings.

Self Paced
Self-Paced
Accounting and Finance (edX) EdX
Indian Institute of Management, Bangalore,IIMBx

Accounting and Finance (edX)

Develop financial acumen to manage your business successfully. This business course helps you to read and understand financial statements to evaluate how business performance is affected by four fundamental drivers of profitability viz., asset management, cost management, leverage management and tax management. It will also help you to identify areas for improvement.

Self Paced
Self-Paced
Finance for Everyone: Smart Tools for Decision-Making (edX) EdX
University of Michigan,MichiganX

Finance for Everyone: Smart Tools for Decision-Making (edX)

In this introduction to finance course from Michigan learn to apply frameworks and smart tools for understanding and making everyday financial decisions. Want to learn how to think clearly about important financial decisions and improve your financial literacy? Finance for Everyone will showcase the beauty and power of finance. This introductory finance course will be a gateway into the world of finance and will examine multiple applications to apply to your everyday life. Join us to better understand how to apply frameworks and tools to make smart financial choices.

Self Paced
Self-Paced
High-Dimensional Data Analysis (edX) EdX
HarvardX,Harvard University

High-Dimensional Data Analysis (edX)

A focus on several techniques that are widely used in the analysis of high-dimensional data. If you’re interested in data analysis and interpretation, then this is the data science course for you. We start by learning the mathematical definition of distance and use this to motivate the use of the singular value decomposition (SVD) for dimension reduction and multi-dimensional scaling and its connection to principle component analysis.

Self Paced
Self-Paced
Using Python for Research (edX) EdX
HarvardX,Harvard University

Using Python for Research (edX)

Take your introductory knowledge of Python programming to the next level and learn how to use Python 3 for your research. This course bridges the gap between introductory and advanced courses in Python. While there are many excellent introductory Python courses available, most typically do not go deep enough for you to apply your Python skills to research projects.

Self Paced
Self-Paced
SQL for Data Science (edX) EdX
IBM

SQL for Data Science (edX)

Learn how to use and apply the powerful language of SQL to better communicate and extract data from databases - a must for anyone working in the data science field. Much of the world's data lives in databases. SQL (or Structured Query Language) is a powerful programming language that is used for communicating with and extracting various data types from databases.

Self Paced
Self-Paced
Essentials of Genomics and Biomedical Informatics (edX) EdX
IsraelX

Essentials of Genomics and Biomedical Informatics (edX)

This course presents clinicians and digital health enthusiasts with an overview of the data revolution in medicine and how to exploit it for research and in the clinic. The course will not make you a bioinformatician but will introduce the main concepts, tools, algorithms, and databases in this field.

Self Paced
5-12 Weeks
Introduction to Economics: Microeconomics (edX) EdX
Seoul National University,SNUx

Introduction to Economics: Microeconomics (edX)

Learn the basics of microeconomics, including supply and demand of commodities and how equilibrium in the market affects price. A country’s economy consists of three major economic agents; consumers, firms and government. Analyzing the choices made by these economic agents is one of the main subjects of microeconomics. In this economics and finance course, you will learn how the decisions made by economic agents are represented in the market as demand and supply of commodities.

Self Paced
Self-Paced
CS50's Introduction to Computer Science (edX) EdX
HarvardX,Harvard University

CS50's Introduction to Computer Science (edX)

An introduction to the intellectual enterprises of computer science and the art of programming. This is CS50, Harvard University's introduction to the intellectual enterprises of computer science and the art of programming for majors and non-majors alike, with or without prior programming experience. An entry-level course taught by David J. Malan, CS50 teaches students how to think algorithmically and solve problems efficiently.

Self Paced
Self-Paced