Glossary

Intelligent AutomationBusiness

Intelligent Automation terminology defined for finance and technology leaders across Egypt and the GCC.

32 terms

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Showing 16–30 of 32 terms

Intelligent Automation What Is an Automation Governance Board? An Automation Governance Board is the senior business body that approves automation candidates, sets investment priorities, allocates the automation budget, reviews benefits… Business Intelligent Automation What Is Automation KPIs and Measurement? Automation KPIs and measurement is the framework of operational and financial metrics, such as bot success rate, exception rate, cycle time, hours… Business Intelligent Automation What Is Automation ROI Measurement? Automation ROI measurement is the process of calculating and tracking the actual return on automation investment after deployment, comparing realised cost avoidance,… Business Intelligent Automation What Is Automation Scalability? Automation scalability is the ability of an automation programme to add processes, entities, geographies and transaction volume without a proportional rise in… Business Intelligent Automation What Is Bank Reconciliation Automation? Bank reconciliation automation is the automated matching of bank statement transactions with general ledger cash entries using rules, flagging unmatched items and… Business Intelligent Automation What Is Bot Maintenance Overhead? Bot maintenance overhead is the ongoing effort needed to keep automation bots working in production, including fixing selectors broken by application updates,… Business Intelligent Automation What Is Change Management for Automation? Change management for automation is the structured programme of communication, stakeholder engagement, role redesign and training that prepares finance teams to work… Business Intelligent Automation What Is a Citizen Developer? A citizen developer is a business user, such as a finance analyst or operations manager, who builds automations, workflows or simple apps… Business Intelligent Automation What Is Exception Handling? Exception handling in finance automation is the set of rules, routing and human protocols that decides what happens when an automated process… Business Intelligent Automation What Is a Finance Process Automation Roadmap? A finance process automation roadmap is the prioritised, sequenced and resourced plan for automating finance processes over a multi-year horizon, ranking candidates… Business Intelligent Automation What Is Human-in-the-Loop? Human-in-the-loop is an automation design in which the process pauses at defined decision points and routes specific approvals or judgements to a… Business Intelligent Automation What Is Payroll Process Automation? Payroll process automation is the automation of the coordination steps around payroll, such as collecting inputs from HR and time systems, validating… Business Intelligent Automation What Is Process Mining? Process mining is the analysis of timestamped event logs from ERP and other systems to reconstruct how processes actually run, revealing variants,… Business Intelligent Automation What Is Straight-Through Processing? Straight-through processing (STP) is the share of transactions that complete an automated process from start to finish without any human intervention, the… Business Intelligent Automation What Is Three-Way Match Automation? Three-way match automation is the automated validation of a supplier invoice against its purchase order and goods receipt before posting, confirming quantity… Business

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