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

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

High-Dimensional Data Analysis (edX)

Sci: Biology & Life Sciences Statistics & Data Analysis

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
Machine Learning Clustering Data Analysis
Details
Data Science: Capstone (edX) EdX
HarvardX,Harvard University

Data Science: Capstone (edX)

Statistics & Data Analysis Data Science

Show what you’ve learned from the Professional Certificate Program in Data Science. To become an expert data scientist you need practice and experience. By completing this capstone project you will get an opportunity to apply the knowledge and skills in R data analysis that you have gained throughout the series. This final project will test your skills in data visualization, probability, inference and modeling, data wrangling, data organization, regression, and machine learning.

Self Paced
Self-Paced
Probability Machine Learning Regression
Details
Using Python for Research (edX) EdX
HarvardX,Harvard University

Using Python for Research (edX)

CS: Software Engineering CS: Programming

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
Programming Python Python Programming
Details
Dynamic Programming: Applications In Machine Learning and Genomics (edX) EdX
University of California, San Diego,UC San DiegoX

Dynamic Programming: Applications In Machine Learning and Genomics (edX)

Sci: Biology & Life Sciences Sci: Mathematics

Learn how dynamic programming and Hidden Markov Models can be used to compare genetic strings and uncover evolution. If you look at two genes that serve the same purpose in two different species, how can you rigorously compare these genes in order to see how they have evolved away from each other?

Self Paced
Self-Paced
Machine Learning Genomics Dynamic Programming
Details
Accounting and Finance (edX) EdX
Indian Institute of Management, Bangalore,IIMBx

Accounting and Finance (edX)

Management & Leadership Economics & Finance

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 Business Accounting
Details
Introducción al desarrollo de aplicaciones web (edX) EdX
Universidad Autonoma de Madrid

Introducción al desarrollo de aplicaciones web (edX)

Engineering Computer Science

Aprende a desarrollar una aplicación web desde cero con diferentes tecnologías como HTML, CSS, Python, JSON, JavaScript y Ajax. Hoy en día utilizamos la web para todo tipo de tareas: buscar un vuelo, comprar entradas, ver el pronóstico meteorológico, leer noticias, etc. Todo esto es posible gracias a las aplicaciones web creadas para darnos estos servicios.

Self Paced
Self-Paced
Python HTML Javascript
Details
Unlocking Investment and Finance in Emerging Markets and Developing Economies (EMDEs) (edX) EdX
World Bank Group,WBGx

Unlocking Investment and Finance in Emerging Markets and Developing Economies (EMDEs) (edX)

Economics & Finance

To achieve the Sustainable Development Goals (SDGs) by 2030, an estimated $4.5 trillion per year in additional investment and finance in EMDEs will need to be mobilized. This free online course assesses global efforts and innovations by international investors, multilateral development banks and policymakers to unlock massive investment opportunities in EMDEs, while also tackling some of the world’s most pressing development challenges of our time.

Self Paced
Self-Paced
Finance Financial Markets Investment
Details
Government Finance Statistics (edX) EdX
International Monetary Fund - IMF,IMFx

Government Finance Statistics (edX)

Economics & Finance

This course examines the conceptual and practical elements of compiling and disseminating fiscal statistics according to international standards, useful to assess the impact of government activities on a country’s economy and to facilitate international comparisons. This course, presented by the IMF Statistics Department, focuses on both the conceptual framework of government finance statistics (GFS) as presented in the IMF’s Government Finance Statistics Manual 2014 (GFSM 2014, the update of the 2001 edition), and on practical aspects of data compilation.

Self Paced
Self-Paced
Finance Economy Government
Details
Introduction à l’économétrie (edX) EdX
LouvainX,Université Catholique de Louvain - UCL

Introduction à l’économétrie (edX)

Economics & Finance Social Sciences

À partir d’études de cas en économie et finance, apprenez à construire des modèles pour améliorer vos facultés d’analyse et de prévision. L'analyse de données quantitatives est devenue aujourd'hui une pratique incontournable dans tous les métiers liés aux sciences sociales. Ces analyses sont utilisées pour comprendre des phénomènes économiques et financiers, décrire la nature de la relation entre des personnes, des objets ou des événements, ou encore anticiper les conséquences d’une décision.

Self Paced
Self-Paced
Finance Économétrie Économie
Details