Date of Graduation
5-2023
Document Type
Thesis
Degree Name
Bachelor of Science in Business Administration
Degree Level
Undergraduate
Department
Finance
Advisor/Mentor
Santamaria, Sergio
Abstract
This thesis provides insight into Olivia Madden's time as an intern at UltraSource LLC. UltraSource LLC is a Kansas City company that produces meat manufacturing equipment and operational supplies. Olivia worked as a finance intern, where she was tasked with automating processes for the accounts receivable and payable teams and also did ad hoc projects for the finance department as a whole. These insights are recorded through weekly journal entries describing what was done and what was learned every week.
These insights are translated into research on the opportunities and challenges of automation, and the impact automation has on worker efficiency and maintenance of jobs. Though automation systems can be costly and require training, they overall bolster the efficiency of workers and accuracy of data input.
Keywords
Finance, automation, internship
Citation
Madden, O. (2023). The Opportunities and Challenges of Automation: Insights from an Internship Experience at UltraSource LLC. Finance Undergraduate Honors Theses Retrieved from https://scholarworks.uark.edu/finnuht/97
Included in
Business Analytics Commons, Corporate Finance Commons, Finance and Financial Management Commons