A PHP Error was encountered

Severity: 8192

Message: Creation of dynamic property CI_URI::$config is deprecated

Filename: core/URI.php

Line Number: 101

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: 8192

Message: Creation of dynamic property CI_Router::$uri is deprecated

Filename: core/Router.php

Line Number: 127

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: 8192

Message: Creation of dynamic property CI_DB_mysqli_driver::$failover is deprecated

Filename: database/DB_driver.php

Line Number: 371

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/config/routes.php
Line: 71
Function: DB

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: 8192

Message: Creation of dynamic property Blog::$benchmark is deprecated

Filename: core/Controller.php

Line Number: 75

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: 8192

Message: Creation of dynamic property Blog::$hooks is deprecated

Filename: core/Controller.php

Line Number: 75

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: 8192

Message: Creation of dynamic property Blog::$config is deprecated

Filename: core/Controller.php

Line Number: 75

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: 8192

Message: Creation of dynamic property Blog::$log is deprecated

Filename: core/Controller.php

Line Number: 75

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: 8192

Message: Creation of dynamic property Blog::$utf8 is deprecated

Filename: core/Controller.php

Line Number: 75

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: 8192

Message: Creation of dynamic property Blog::$uri is deprecated

Filename: core/Controller.php

Line Number: 75

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: 8192

Message: Creation of dynamic property Blog::$exceptions is deprecated

Filename: core/Controller.php

Line Number: 75

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: 8192

Message: Creation of dynamic property Blog::$router is deprecated

Filename: core/Controller.php

Line Number: 75

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: 8192

Message: Creation of dynamic property Blog::$output is deprecated

Filename: core/Controller.php

Line Number: 75

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: 8192

Message: Creation of dynamic property Blog::$security is deprecated

Filename: core/Controller.php

Line Number: 75

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: 8192

Message: Creation of dynamic property Blog::$input is deprecated

Filename: core/Controller.php

Line Number: 75

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: 8192

Message: Creation of dynamic property Blog::$lang is deprecated

Filename: core/Controller.php

Line Number: 75

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: 8192

Message: Creation of dynamic property Blog::$load is deprecated

Filename: core/Controller.php

Line Number: 78

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: 8192

Message: Creation of dynamic property Blog::$db is deprecated

Filename: core/Loader.php

Line Number: 390

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: 8192

Message: Creation of dynamic property CI_DB_mysqli_driver::$failover is deprecated

Filename: database/DB_driver.php

Line Number: 371

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: 8192

Message: Return type of CI_Session_files_driver::open($save_path, $name) should either be compatible with SessionHandlerInterface::open(string $path, string $name): bool, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice

Filename: drivers/Session_files_driver.php

Line Number: 132

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: 8192

Message: Return type of CI_Session_files_driver::close() should either be compatible with SessionHandlerInterface::close(): bool, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice

Filename: drivers/Session_files_driver.php

Line Number: 290

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: 8192

Message: Return type of CI_Session_files_driver::read($session_id) should either be compatible with SessionHandlerInterface::read(string $id): string|false, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice

Filename: drivers/Session_files_driver.php

Line Number: 164

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: 8192

Message: Return type of CI_Session_files_driver::write($session_id, $session_data) should either be compatible with SessionHandlerInterface::write(string $id, string $data): bool, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice

Filename: drivers/Session_files_driver.php

Line Number: 233

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: 8192

Message: Return type of CI_Session_files_driver::destroy($session_id) should either be compatible with SessionHandlerInterface::destroy(string $id): bool, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice

Filename: drivers/Session_files_driver.php

Line Number: 313

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: 8192

Message: Return type of CI_Session_files_driver::gc($maxlifetime) should either be compatible with SessionHandlerInterface::gc(int $max_lifetime): int|false, or the #[\ReturnTypeWillChange] attribute should be used to temporarily suppress the notice

Filename: drivers/Session_files_driver.php

Line Number: 354

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: Warning

Message: ini_set(): Session ini settings cannot be changed after headers have already been sent

Filename: Session/Session.php

Line Number: 284

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: Warning

Message: session_set_cookie_params(): Session cookie parameters cannot be changed after headers have already been sent

Filename: Session/Session.php

Line Number: 291

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: Warning

Message: ini_set(): Session ini settings cannot be changed after headers have already been sent

Filename: Session/Session.php

Line Number: 306

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: Warning

Message: ini_set(): Session ini settings cannot be changed after headers have already been sent

Filename: Session/Session.php

Line Number: 316

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: Warning

Message: ini_set(): Session ini settings cannot be changed after headers have already been sent

Filename: Session/Session.php

Line Number: 317

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: Warning

Message: ini_set(): Session ini settings cannot be changed after headers have already been sent

Filename: Session/Session.php

Line Number: 318

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: Warning

Message: ini_set(): Session ini settings cannot be changed after headers have already been sent

Filename: Session/Session.php

Line Number: 319

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: Warning

Message: ini_set(): Session ini settings cannot be changed after headers have already been sent

Filename: Session/Session.php

Line Number: 377

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: Warning

Message: session_set_save_handler(): Session save handler cannot be changed after headers have already been sent

Filename: Session/Session.php

Line Number: 110

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: Warning

Message: session_start(): Session cannot be started after headers have already been sent

Filename: Session/Session.php

Line Number: 143

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: 8192

Message: Creation of dynamic property Blog::$session is deprecated

Filename: core/Loader.php

Line Number: 1279

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: 8192

Message: Creation of dynamic property Blog::$form_validation is deprecated

Filename: core/Loader.php

Line Number: 1279

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: 8192

Message: Creation of dynamic property Blog::$email is deprecated

Filename: core/Loader.php

Line Number: 1279

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: 8192

Message: Creation of dynamic property Blog::$upload is deprecated

Filename: core/Loader.php

Line Number: 1279

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: 8192

Message: Creation of dynamic property Blog::$encryption is deprecated

Filename: core/Loader.php

Line Number: 1279

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: 8192

Message: Creation of dynamic property Blog::$baselib is deprecated

Filename: core/Loader.php

Line Number: 1279

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: 8192

Message: Creation of dynamic property Blog::$Response is deprecated

Filename: core/Loader.php

Line Number: 353

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/libraries/Render.php
Line: 19
Function: model

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: 8192

Message: Creation of dynamic property Blog::$GridResponse is deprecated

Filename: core/Loader.php

Line Number: 353

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/libraries/Render.php
Line: 20
Function: model

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: 8192

Message: Creation of dynamic property Blog::$GridRequest is deprecated

Filename: core/Loader.php

Line Number: 353

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/libraries/Render.php
Line: 21
Function: model

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: 8192

Message: Creation of dynamic property Blog::$render is deprecated

Filename: core/Loader.php

Line Number: 1279

Backtrace:

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Front_Controller.php
Line: 8
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/application/controllers/Blog.php
Line: 10
Function: __construct

File: /home1/qamaszy1/public_html/surensinfotek.com/index.php
Line: 319
Function: require_once

A PHP Error was encountered

Severity: 8192

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How RPA raising the indian accounting standards | RPA in Finance

RPA – A CRUNCH TIME IN INDIAN ACCOUNTING

RPA_in_accounting

Robotic Process Automation (RPA): A Crunch Time in Indian Accounting

RPA is changing the accounting and finance operations fast. It is gaining traction fast. But why? Read on…

RPA is a hot cake now in Indian Accountancy.

RPA can be used to reduce data transcribing tasks by 80% in accounts, financial close, tax accounting, and more. It’s a balm for the limitations of legacy and systems of finance and accountancy. Whats the future holds for RPA.

The User interface (UI) based robotics is emerging as a feasible solution to streamlining Accounts, Finance, and Tax process that are still manual, repetitive, and time-consuming (despite IT and other automation efforts).

Robotic Process Automation(RPA) use cases in Accounting and Finance

Here’s a list of functions that RPA bots can do…

Using Various Applications

  • Opening emails and attachments
  • Logging into applications
  • Moving files and folders

Integration

  • Connecting to system APIs
  • Reading and writing to databases

Data Management

  • Website and social media data

Data processing

  • Following logical rules 
  • calculations
  • Extracting data from documents
  • Inputting data to forms
  • Extracting/ reformatting data into reports / dashboards
  • Merging data from multiple sources
  • Copying/ pasting data

Key Benefits Of RPA

How RPA Is Shaping Indian Accounting

RPA has changed gear from mere mimics of humans to learn to interpret human behavior using machine language. They can be now used for informed and predictive decision making.

The following are the finance areas where RPA is contributing…

1. Finance Closure

 Often in large organizations, this process is conducted across multiple locations and involves a highly rule-based repetitive process. For example, it may need an exchange of lots of emails, spreadsheets calculations, manual closure process.

RPA can help in automating the process offering end-to-end visibility like… 

  • Automating data input into spreadsheets, tracking
  • Account records including cash, ledger to a spreadsheet
  • Improve consistency and quality of financial data
  •  Automate workflow, centralize operations, reduce operating and labor costs

2. Tax Function

RPA can help in automating all repetitive, manual, and time-consuming tax processes enhancing direct/indirect tax compliance and reporting. It creates a significant impact on accuracy due to reduced error, increased visibility. Invoice management with Robotic Process Autoamtion.

Some RPA-Tax tasks (among many others) are… 

  •   Accounts review ensuring consistency with the previous year and noting the changes
  •   Analyze account changes to evaluate the potential tax impact
  •   Execute the work-flow processes for tax returns and initiate estimated payments
  •   High volume data collection, canalization
  •   Submit tax returns/payments 
  •   Free staff time otherwise used to perform work like data extraction, manipulation
  •   Speeding up of tax provision timing by reducing manual work by 20%-35%

3. Automating Invoice Recon

 A big issue with large organizations where manual invoice recon is a time-consuming process coming with the risk of revenue leakage as the invoices are generally pdfs (can range up to 200 pages) and often in multiple languages. Naturally, invoice reconciliation is prone to error.

Through Natural Language Processing (NLP), RPA can… 

  • Automate invoice reconciliations
  • Load and identify functional information from invoices
  • Synthesizes data from multiple input formats and extracts functional information 
  • Translates requirements into automated, executable process workflow and submits an analysis

4. MIS Reporting, Analytics

 RPA can source, load, and streamline data for management reporting and better decision making. It can extract actual-performance data from ERP and compare it against the spreadsheet projections.

 RPA can help to prepare the following types of reports…

  • Cash Flow Projection
  • Credit Report
  • Budget Vs Actual
  • Profitability Statement
  • Management Estimates

Benefits of RPA implemetation

RPA does bring a cascading impact on Indian Accounting. It reduces cost, improves efficiency, directs time, energy, and focus of employees towards more value-added tasks bringing job satisfaction. Besides, RPA is easy to deploy and functions with equal efficiency across all financial.

certified RPA developer Surens inffotek