Robotic process automation (RPA) is alleviating manually intensive activities for tax professionals through data extraction, form generation and more.
With the use of artificial intelligence (AI) and machine learning, RPA can enable more complex, intelligent process automation. Some tax professionals have even developed their own “bots,” which can automatically read and extract data from PDF files or populate forms with client information.
Before embarking on an RPA journey, however, tax professionals should ensure the technology aligns with their business and tax strategies.