-
Institute recognised as one of the 25 most innovative organisations using AI and automation at UiPath AI25 Awards
-
Award comes as Institute becomes first Professional Accounting Body to roll out full Adaptive Learning for students
Chartered Accountants Ireland has been recognised for its use of robotic process automation (RPA) to enhance the student enrolment experience with an award at the UiPath AI25 Awards. The awards recognise organisations using AI and automation to increase productivity; transform customer experiences; deliver substantial return on investment; and support corporate, environmental, social, and governance (ESG) initiatives.
Chartered Accountants Ireland is the largest professional body on the island of Ireland, representing over 38,400 members and educating 6,600 students. Each year, from June to September, the Institute processes enrolment and exemption applications from over 2,000 students seeking to commence the ACA programme to become a chartered accountant. Chartered Accountants Ireland has the largest share of new student registrations in the Republic of Ireland and is the fastest growing professional accounting body in Ireland and the UK.
The Institute’s automation solution has significantly reduced the processing time of applications from weeks at peak times, to only hours. This automation ensures that exemption approvals reach candidate students and their training firms faster than ever before. The award winners were selected by a panel of expert judges.
Ian Browne, Director of Education, Chartered Accountants Ireland said
“We are proud to receive this global recognition from UiPath for our integration of AI and automation into what are complex enrolment and exemption processes. This award demonstrates our continued dedication to delivering innovation and excellence to the accounting profession in Ireland, from the moment that aspiring chartered accountants engage with our team for the first time as student applicants.
“These technologies will continue to play a crucial role in shaping the future of accounting, and the work our members do in every area of the economies on this island and around the world, and we are committed to staying at the forefront of this transformation.”
Bobby Patrick, Chief Marketing Officer at UiPath said
“We are pleased by the overwhelming quality of AI25 entries we received from customers globally. These 25 companies exemplify the transformational impact of AI and automation, having effectively demonstrated and executed new opportunities to advance innovation and improve productivity.
“We are proud to support customers with their AI and automation journeys as they take full advantage of UiPath's platform to deliver transformational outcomes with fast time-to-value. We look forward to continue leading unprecedented innovation with the next chapter of automation which combines robots, AI agents, and humans.”
This application of RPA is just one example of the Institute’s use of technology to reframe the delivery of education and assessment for the next generation of accountants. Seven years ago, Chartered Accountants Ireland commissioned extensive research into the future of the accountancy profession and the needs of employers. A future educational strategy was subsequently agreed.
Chartered Accountants Ireland’s early adoption of online education delivery, drawing on automation and AI as far back as 2019, enabled it to move delivery entirely online in March 2020, with minimum disruption to the student learning experience.
Just this month, the Institute's new learning platform was launched, introducing Adaptive Learning to students for the first time. Chartered Accountants Ireland is the first Professional Accounting Body to roll out full Adaptive Learning modules and one of the first educational institutes across any industry globally. A data-driven, personalised and participative learning journey, Adaptive Learning allows the learner to choose their level of proficiency at the start, and progress according to their assimilation of the material and resulting proficiency.
LOADING...