Automating Finance & Accounting:

'Automate the Automatable' Summit

From Quick Wins to End-to-End Automation

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‘Automate the Automatable’ Summit: Assign automatable work to robots

Keynote session:

Why and How to

Begin Automating

the Automatable

BFSI:

Towards

Accelerated and

Sustainable

Automation

Automating Finance

and Accounting:

From Quick Wins to

End-to-End

Automation

How to Find

Automatable Work

in Procurement and

Order Management

Processes

June 21 June 22 June 23 June 24

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‘Automate the Automatable’ Summit: Assign automatable work to robots

Automating Finance

and Accounting:

From Quick Wins to

End-to-End

Automation

June 23

4

Agenda

IntroductionsAutomation at

WeWork and

Thomson Reuters

Why Automate

F&A?

Use Cases and

KPIsWhat's Next? Q&A

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Amit Kumar

Global BFSI Practice Lead,

UiPath

David Larson

Head of Corporate Finance,

Thomson Reuters

Lance Shyr

Director of Process Automation,

WeWork

Our Speakers

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Automation at WeWork

Plan: To build up RPA capabilities in-house over the course of 2021 and use finance as a spearhead empowering WeWork to

leverage RPA in an effective, thoughtful way.

Where WeWork was as a company

Five robots launched in the last year

Aligning to new goals Need to find and add value

Plan to stand up CoE 'lite' in 2021Going forward: Develop strategic

enterprise-wide automation roadmap

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Automation at Thomson Reuters

2017 Began using RPA in the Finance

and Accounting space

2021 Automation and Analytics Center of

Excellence created and TR Change

announced

Push to move manual, repetitive

tasks in F&A to automation

More teams across the organization begin

using automation on their own

"COVID-19 has changed how, when and

where professionals work. Their need for

trusted, authoritative ‘always-on’

actionable content combined with unique

data, AI/machine learning and software will only increase – a real opportunity for

us to better serve our customers."

- Steve Hasker, President and CEO, Thomson Reuters

Currently in TR Finance 11 bots are managing 60 automated processes.

By the end of 2021, we plan to have 200+ processes automated with RPA.

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Automation Progression

Va

lue

Time

Fully automated

enterpriseTM

Single department /

targeted use cases

Use case and

department expansion

Proof of concept

Governance

Citizen development

Executive sponsorship

Flywheel begins

Enterprise-wide deployment

Flywheel

C-Suite engagement

Full platform adoption

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Why Automate F&A?Automation potential in the F&A domain based on currently available technologies

Predictable physical work

Data processing

Data collection

Unpredictable physical work

Stakeholder interactions

Applying expertise

Managing others38% 39% 40% 41% 42% 43% 44% 45% 46% 47%

Europe

APAC

Americas

Global 44%of the work can be automated

41%of the work can be automated

46%of the work can be automated

44%of the work can be automated

Time spent

by activity

Automation

potential

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The Impact of Automation

More than 1,000 hours saved

in document

extraction, 35,000+ invoices

extracted

Achieved 90% accuracy in

invoicing process and reduced

rework by 85% in one area

Cleared thousands of

pending open items in SAP

35% of activities automated

and 1,108 manual hours saved

annually in payment task

validation process

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Finding Automation Use Cases

Impact

Ease of implementation

Low High

High

Invest wisely No brainer

Low hanging fruitNo go

Gathering use cases: Learning Day, form

submissions, Citizen Developer Program

Benefit and complexity assessment

Development

Review/test and deploy

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What's Next?

A fully automated enterprise reaps business-wide benefits

Accelerate

growth and

operational

efficiency

Improve

customer

experience

Minimize risk

and ensure

compliance in

operations

Increase

employee

engagement

Combining Automation with Predictive Analytics, Machine Learning, AI to

achieve end-to-end transformation

Q&A