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Efficiency Boost and Adoption: Robotic Process Automation in Accountancy
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Author(s): Kshitiz Jangir (Manipal University Jaipur, India), Vikas Sharma (Chandigarh University, India), Munish Gupta (Chandigarh University, India), Priya Grover (Symbiosis International University, India)and Sanjay Taneja (Graphic Era University (Deemed), India)
Copyright: 2024
Pages: 14
Source title:
Robo-Advisors in Management
Source Author(s)/Editor(s): Swati Gupta (Chitkara University, India), Sanjay Taneja (Graphic Era University (Deemed), India), Vijay Kumar (Chaudhary Ranbir Singh University, India), Ercan Ozen (Usak University, Turkey)and Luan Vardari (University "Ukshin Hoti" Prizren, Kosovo)
DOI: 10.4018/979-8-3693-2849-1.ch006
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Abstract
Robotic Process Automation is in its nascent stages, where it is still being explored for various business purposes and the functions for which it can be utilized. With the same effect on various processes as that of technology, RPA tends to decrease the monotonous, repetitive work, time, and cost and increase the efficiency by which an organization can work. This study aims to explore the effect of RPA in accounting. The study uses a technology adoption model to determine the factors that play an important role in adopting of robotic process automation in accounting fielding by professional accountants. The study also introduced one new dimension for the adoption of TAM, i.e., the increase in efficiency. The analysis of data was done through PLS-SEM (structural equation modelling). The results show that all the hypotheses were supported. The study could be helpful for managers, organizations, and individuals inthe adoption of technologies in processes like accounting.
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