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ACCA Strategic Professional · Advanced Performance Management · Technology and information systems

Marlow Group uses an AI-driven robotic process automation tool to match supplier invoices to purchase orders and post routine entries. Which benefit is most likely to arise for the finance function's performance reporting?

The likely benefit is a faster month-end close with fewer manual errors, freeing finance staff for higher-value analysis. Automation still needs internal controls, depends on accurate source data and carries implementation and maintenance costs, so claims of guaranteed accuracy or no cost are wrong.

  1. AFaster month-end close with fewer manual errors, freeing staff for analysisCorrect
  2. BElimination of the need for any internal controls
  3. CGuaranteed accuracy even where source data is incorrect
  4. DRemoval of all costs of implementation and maintenance

Explanation

Automating rule-based, high-volume tasks speeds processing, reduces keying errors and releases staff for analysis and business partnering. Controls are still required, automated output is only as good as the input data, and implementation and maintenance costs remain.

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