UiPath, Deloitte launch smart finance for growth companies to enhance automation

In a significant advancement for finance automation, UiPath (NYSE: PATH), a leader in enterprise automation software, alongside global consulting giant Deloitte, announced an expansion of their strategic alliance through the launch of Deloitte’s Smart Finance for Growth Companies. This innovative managed service offering is designed specifically for finance teams within growth-oriented companies, enabling them to rapidly initiate or expand their automation programs. By harnessing the power of intelligent automation, these companies can significantly enhance their operational capabilities and productivity.

The collaboration between UiPath and Deloitte brings to market a customized solution that integrates UiPath’s advanced AI-powered automation software with Deloitte’s extensive experience in supporting growth companies. “We are excited to help growth companies ready to embark on their automation journey establish an intelligent automation program for their organization,” stated Alex Jackson, Partner at Deloitte & Touche LLP. This offering is set to redefine how growth companies approach their finance functions, making sophisticated automation accessible and aligned with their expansion trajectories.

Building upon a recent announcement of a co-innovation market collaboration between the two firms, this service leverages automation packages previously developed by UiPath and refined by Deloitte. These packages are strategically tailored to meet the unique needs of growing businesses, streamlining processes and reducing reliance on manual, labor-intensive tasks. “Our methodology is designed to accelerate the time to value from automation,” added Jackie Artz, Partner at Deloitte & Touche LLP, highlighting the efficiency and strategic alignment the program offers to companies striving to modernize their finance operations.

Finance executives in growth companies increasingly recognize the transformative potential of AI-powered automation. UiPath’s Document Understanding solutions and other intelligent automation tools can revolutionize tasks such as data extraction from documents and streamline finance operations like vendor management and invoice processing. Deloitte’s turnkey automation program empowers these companies to overcome bandwidth and expertise barriers, enabling a seamless transition to intelligent automation.

Kelly Ducourty, Chief Customer Officer at UiPath, emphasized the importance of scalable, efficient processes for growth companies, stating, “This offering from Deloitte, powered by UiPath, will help growth companies scale to greater effectiveness by being able to quickly take advantage of AI-powered automation.”

This partnership between UiPath and Deloitte marks a pivotal step forward in making AI-driven automation a cornerstone of growth for companies, promising a future where finance teams can focus on strategic decision-making and value creation, unburdened by the constraints of manual processes.

The strategic expansion of the alliance between UiPath and Deloitte to launch Smart Finance for Growth Companies signifies a transformative shift in the landscape of finance automation for growth-oriented firms. By combining UiPath’s AI automation technology with Deloitte’s deep industry insights, this initiative not only sets a new benchmark for operational efficiency but also acts as a catalyst for innovation within finance teams. This collaboration exemplifies how strategic partnerships can drive significant advancements in automation, offering a scalable solution that aligns with the dynamic needs of growing businesses. As these companies navigate the complexities of expansion, the Smart Finance offering stands as a beacon of efficiency, scalability, and strategic foresight.