An RPA+AI-based Financial Process Optimization of Small- and Medium-sized Enterprises Preparing for IPO

The efficiency of enterprise financial management can directly affect the stability and core competitiveness of the organization. For small and medium-sized enterprises, the financial system can even affect the process of their IPO. Therefore, it is necessary to establish a healthy financial workflow for the development of enterprises. However, small and medium-sized enterprises will also face the problems of complicated financial data and high human cost. In the Industry4.0, RPA, as a new digital force, can help enterprises optimize their financial processes, assist employees focus on higher-value works. This article explores the application scenario of RPA in the financial direction and takes company X as an example to design an RPA+AI based financial system. The aim is to provide reference for small and medium-sized companies that are exploring the way to implement digital transformation. According to the analysis, small and medium-sized enterprises always have the problems of process sorting, deployment cost and staff opinions changing. To tackle with these problems, they could build a light digital financial system with five layers and put it into real practice. These results shed light on guiding further exploration of dynamic scheduling in IT department and financial management team in the entire business field.