Automation

1. Information technology.

Abbreviation for robotic process automation.

The use of software with artificial intelligence capabilities to handle high-volume, repeatable tasks.

Treasury teams use robotic process automation to increase efficiency and transparency for example using treasury management systems, artificial intelligence and blockchain.

2. Business processes.

Any other change to reduce the degree of human input into any process.

See also

• Algorithm
• Artificial intelligence (AI)
• Blockchain
• Efficiency
• Hyperautomation
• Information technology
• Robotic process automation (RPA)
• Robotics
• Software
• Software robot
• Transparency
• Treasury
• Treasury Management System (TMS)