Reference no: EM132376008 , Length: word count:1200

Theoretical Assignment -

It is a consultant project. (Relating to accounting) The table appendix for the SWOT analysis - it is mainly explanation NO flowchart required.

TITILE: Robotic Process Automation (Arab Bank Australia Ltd)

1. Abstract

2. Project scope summary

3. Organization and project background

3.1 Arab Bank Australia Limited (ABAL) background (aims, objectives, missions ...)

3.2 ABAL AP current system ⇒ their weaknesses

3.3 (the flowcharts)-later

3.3 Project context

a. RPA definitions and purposes

b. Reasons why RPA need to be adopted

4. Methodology

4.1 RPA implementation

• What RPA can do in banks?
• In different industries (financial)

4.2 RPA SWOT analysis (table in appendix)

4. 3 RPA in account payable (flowcharts) - later

4.3 Data collection (primary and secondary and comparisons)

4.4 Research approach graphs (normal flow chart in the tax project

5. Discussion

• Implementation plan into ABAL account payable
• Cost and benefits analysis to AP dpt by RPA : e.g unstructured to structured flowcharts

1. Cost

2. Benefits

• RPA limitations (e.g frauds and internal controls)

1. Risk for RPA in banking:

2. Internal control

6. Recommendations and conclusions

• Changes organization structure of accounting payable dpt for achieving cost effectiveness
• Giving sufficient time for providing employees training and changes adjustments before making changes
• Hiring analyst and specialist .... convert threats into opportunities to have effective implementation
• How IT dpt manage frauds

APPENDICES:

• Other cases RPA in banking industry.

Note: above is only the guide of the structure of how the whole assignment will look like, you are only required to do below parts:

4. Methodology

4.1 RPA implementation

• What RPA can do in banks? (150 words)
• In different industries (financial industries in Australia) (150 words)

4.2 SWOT analysis of RPA of account payable system in a bank (if possible, choose Arab Bank Australia Limited or any other banks in Australia). (Please put table in appendix) (650 words).

5. Discussion

• RPA limitations (e.g frauds and internal controls)
• Risk for RPA in banking (125 words)
• Internal control (125 words)

Note - Total 1200 words and Please provide links and references. (Harvard referencing).

Attachment:- Assignemnt File - Consultant Project.rar