Following the 'Four Big Four' listed financial robots and financial robots solutions, Sinochem International Co., Ltd. (China National Chemical Corporation's core business, Sinochem International) financial sharing center has chosen PwC robots to help Improve the efficiency of taxation and financial work, and achieve significant results in terms of reducing manpower time cost and improving work quality.
Financial robot 'Not complaining'
While we were still discussing the 'Big Four' rotation of financial robots, the central enterprises, and the bank’s acquisition of financial robots were still a bit away from us, we did not expect 'accounting robots' to appear in our lives as quickly as possible. A number of companies have already accepted this new partner and believe that the popularity of 'accounting robots' will become an irreversible trend! There may have been many accountants worrying about whether their work will be replaced by robots in the future.
As the first central enterprise to test water finance robots, before Sinochem International's introduction of robots, the financial sharing center needed to spend a lot of manpower to handle bank reconciliations, confirmation of payment, verification of value-added tax billing, verification of VAT invoices, etc. jobs.
According to authoritative media statistics, over 85% of domestic companies’ financial personnel hold positions in financial accounting (accounting for accounting). They spend more than 80% of their time on recording and accounting. They act as the role of 'Mr. Accountants'. These simple and repetitive tasks can Replaced by 'Accounting Robots', and the robots do not complain, they do not complain, they do not have to pay for them, and they cannot make mistakes. Compared with the manual, they have the following major functions:
1, can replace the manual operation in the financial process (especially highly repetitive);
2. Manage and monitor all automated financial processes;
3, entry information, combined data, summary statistics;
4, according to the established business logic to judge;
5, identify the optimization points in the financial process;
6, part of the compliance and audit work will be possible to achieve 'full investigation' rather than 'spot checks';
7, Robot accuracy is higher than manual, 7*24 hours of continuous work;
8. Each step of the robot's completion of the task can be monitored and recorded so that it can be used as audit evidence to satisfy compliance requirements;
9, Robotic process automation technology has a short payback period and can be integrated at low cost on the basis of existing systems.
Transforming ideas to adapt to a new era
Did you read it and startled? Most of this is what our accounting staff does on weekdays! Moreover, the operation of the robot not only saves costs, but also improves work efficiency. A person without any accounting basis can be familiar with it. How can a huge advantage not allow us to feel uneasy about eating financially?
Companies have always valued the personal background of their employees. When they are looking for a job, they will ask you about your previous job or which major companies you have internship. Some employees with a large company background are favored because they are exposed to the flow of oversized companies. People who operate in large companies are quick and farsighted in their business. Companies also pay attention to the halo effect of personal brands, have their own labels, and the company and personal reputation behind them all form a potential value. For example, people will scramble to make the most of the United States. Haier’s old finances may not be their strongest ability, but their own personal connections and credibility are the values that these companies value.
Accelerating the upgrading and transformation of accounting personnel is an inevitable trend of career development. Financial people who do not want to be eliminated by the times should change their minds from the present, and step up their studies. As a financial person who adapts to the era, we must bid farewell to accountant-style finance and strive to become strategic. The financial talents are not only the witnesses of corporate development, but also the creators of corporate value. The future financial industry will be the era of 'Internet + Artificial Intelligence + Financial Management'. We must adapt to change, embrace change, and participate in change.
The world is changing. This change also gives those who work hard to counterattack, just as Ma Yun said, 'I thank this era of change. I thank countless people for complaining, because when others complain, it is yours. Opportunity, only the era of change, is when everyone sees what they have to give up.
The glory of the past has passed and the future glory belongs to you. If you want to grasp the future, you must improve yourself and catch up with the trend.
Take precautions Accountant must 'run fast'
For now, the only financial robot that has not been affected is management accounting. On the contrary, management accounting can use the data obtained from analysis of financial robots to better plan, budget and manage control. Out decision.
In this gusty phase, how can accountants run the best? Senior researcher Feng Weizhang of the Gordon Financial Research Institute said that small accountants should not be reassured by the status quo. They must have the ambition of becoming high-end, multinational accounting talents, and they must continue to work for themselves. Exporting high-value accounting services for the organization. Investing in yourself and improving your professional skills: Learning (such as Gordon Finance Live Sharing), summing up and thinking on the job, textual research (certificate of management accountants), practical skills training and advanced studies (specialized practical exercises) )Wait.
Feng Weizhang admits, Do not despise and boycott accounting-related artificial intelligence. This is the trend of the times. Whether this kind of change is beneficial or disadvantageous, we don’t need to go into too much depth to learn to see the reality, focus on the future, and respond to the new situation. Take precautions and learn more. Skills, to facilitate your rapid transition. For example, when you are only a small cashier, you have started financial analysis that you may not be able to use for self-study; for example, when you internally send invoices every day, you begin to learn some cost management knowledge for the future. When you move into a company as a financial manager, you are more competitive; for example, when others are cousin cousins every day, you start to study the big data risk control.
Indeed, instead of worrying about whether or not they will be unemployed all day long, it is better to start a new career plan for themselves now. With a strategic vision of development, continuous self-challenge, transformation and upgrading, it is possible to be in an unknown financial wave. Have the initiative!