Data Point $105,000
The amount private
organizations spend on corporate governance
procedures per year—an increase of 26% over
the pre-Sarbanes-Oxley tab.
Source: “The Impact of Sarbanes-Oxley on
Private & Nonprofit Companies,” Foley
& Lardner LLP.
Robotic process automation is like an Excel macro that can work on multiple applications, says Danielle Supkis Cheek, CPA. RPA can complete routine, repetitive tasks such as data entry, freeing up employee time from lower-level chores.