Artificial intelligence (AI)-driven enterprise automation firm UiPath has extended its partnership with Deloitte to introduce the latter’s turnkey automation offering, Smart Finance for Growth Companies.

The new managed service offering will enable companies to easily establish or scale their automation programme and utilise intelligent automation for advancing both their capabilities and productivity.

Smart Finance is said to be tailored for growth company finance teams. It builds upon Deloitte’s recent creation of a first-of-its-kind co-innovation market partnership with UiPath.

Both parties joined forces to develop the new solution that makes use of previously built automations by UiPath. It has been redesigned by Deloitte into value-driven automation packages customised for the requirements of growth firms.

Deloitte & Touche partner Alex Jackson said: “We are excited to help growth companies that are ready to embark on their automation journey establish an intelligent automation programme for their organisation.

“By leveraging UiPath’s leading AI-powered automation software and Deloitte’s deep experience with growth companies, we can deploy a turnkey intelligent automation program for growth companies.”

According to Deloitte, UiPath’s AI-driven Document Understanding solutions enable automation of data extraction from documents that are structured or unstructured. This helps in removing time-consuming manual processing that is also prone to errors.

UiPath’s other intelligent automation solutions can be used in finance processes including vendor management, processing of invoices, and cash application.

Furthermore, Deloitte’s turnkey automation programme is expected to help growth companies to gain new benefits.

UiPath chief customer officer Kelly Ducourty said: “Growth companies want to avoid creating complex business processes that are difficult to scale, and they want to reduce time spent on manual, resource-intensive tasks.

“This offering from Deloitte, which is powered by UiPath, the leading business automation platform, will help growth companies scale to greater effectiveness by being able to quickly take advantage of AI-powered automation, first within the finance function, and then across their business.”