Download pdf
Research on AI-RPA-based Enterprise Empowerment and Cost Decision System ——Taking the Xiaomi Group as an Example
- 1 South China Normal University
- 2 Guangdong University of Finance & Economics
* Author to whom correspondence should be addressed.
Abstract
Since its establishment in 2010, Xiaomi Technology Co., Ltd. has been a global mobile Internet enterprise and innovative technology enterprise focusing on the research and development of intelligent hardware and electronic products, smartphones, smart electric vehicles, Internet TV, and smart home ecological chain construction. However, with the increasing industry competition, we should effectively use our own resources in internal management to occupy a larger market share. Therefore, from Xiaomi Technology Liability Co., LTD.'s perspective, it is particularly important to improve the cost decision and find a scientific cost decision to achieve a better strategic goal. Based on its existing cost decision analysis and operation, this paper puts forward the combination of "RPA + AI" technology in the cost decision structure. The first part of the paper determines the research background, significance, method, and background. The second part details the relevant concepts: cost decision, artificial intelligence, and "RPA + AI", the theoretical basis. In the third part, Xiaomi Technology Liability Co., Ltd. is taken as a case to analyze the specific application of the cost composition and cost decision of "RPA + AI", including technical advantages and specific applications. In the fourth part, based on the analysis of the third part, "RPA + AI" is optimized and integrated in Xiaomi Group, the current situation of cost management is compared, analyzed, and finally put forward the problems and challenges faced. The fifth part summarizes the research in this paper and summarizes them systematically.
Keywords
RPA, cost decision structure, artificial intelligence, robotics
[1]. Yuan, Q., Li, Y. F. Research on the Application of RPA Financial Robot in Financial Shared Service Center.Modern Commercial Industry,2023,44(01):141-143.DOI:10.19311/j.cnki.1672-3198.2023.01.043.
[2]. Cheng, P., Deng, X. U. RPA Financial Data Analysis Robot: Theoretical Framework and R&D Strategy. Friends of Accounting, 2022, No. 685(13):148-155.
[3]. Ge, W., Hang, C. Application practice of RPA technology in the digital transformation of financial management of power grid enterprises. Management Accounting Research,2020,3(05):76-85+88.
[4]. Du, H. X., Liu, Y. X., Chen, L., Li, N., Wu, X. J. Application Practice of Gome RPA in Financial Scenarios. Finance and Accounting, 2021, No. 633(09):28-32.
[5]. The World Of Finance. The financial RPA market is in turmoil, from entry to breakthrough, see how Siku Cube plays with black technology.May 24,2022.Retrieved on March 4, 2023.Retrieved from:https://baijiahao.baidu.com/s?id=1733687010124979568&wfr=spider&for=pc
[6]. Easy Pie. What are the main functions of a financial robot.April 22,2022.Retrieved on March 4, 2023.Retrieved from:https://www.easypie.com/news/content/MTU=
[7]. Wang, S. Research on Enterprise Cost Decision System Based on "RPA+AI". Chongqing University of Technology, 2021. DOI:10.27753/d.cnki.gcqgx.2021.000373.
[8]. Yang, C. H. Research on the application of RPA robots in the financial field. China Management Informationization, 2023, 26(01):57-60.
[9]. Song, T. A Preliminary Study on the Application of RPA in the Intelligent Transformation of Enterprise Finance. Volkswagen Investment Guide, 2022, No. 414(22):107-109.
[10]. Ji, Z. H., Shen, J. L., Wu, X. H. Research on the application of RPA in the digital transformation of corporate finance. Financial Management Research, 2022, No. 37(10):73-78.
Cite this article
Qian,J.;Yang,L. (2023). Research on AI-RPA-based Enterprise Empowerment and Cost Decision System ——Taking the Xiaomi Group as an Example. Advances in Economics, Management and Political Sciences,29,15-23.
Data availability
The datasets used and/or analyzed during the current study will be available from the authors upon reasonable request.
Disclaimer/Publisher's Note
The statements, opinions and data contained in all publications are solely those of the individual author(s) and contributor(s) and not of EWA Publishing and/or the editor(s). EWA Publishing and/or the editor(s) disclaim responsibility for any injury to people or property resulting from any ideas, methods, instructions or products referred to in the content.
About volume
Volume title: Proceedings of the 7th International Conference on Economic Management and Green Development
© 2024 by the author(s). Licensee EWA Publishing, Oxford, UK. This article is an open access article distributed under the terms and
conditions of the Creative Commons Attribution (CC BY) license. Authors who
publish this series agree to the following terms:
1. Authors retain copyright and grant the series right of first publication with the work simultaneously licensed under a Creative Commons
Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this
series.
2. Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the series's published
version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial
publication in this series.
3. Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and
during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work (See
Open access policy for details).