Robotic Process Automation (RPA) is a buzzword these days. From junior executives to top executives working in technology companies speak about this fascinating technology due to its far-reaching and everlasting business benefits. Robotic process automation (RPA) is creating waves in the industry for its immense power to enable full-scale digital transformation. Several companies around the world – be it from any business domain, size, or geographical location are openly embracing it to scale up their business success. Even after making headlines for all reasons and widespread adoption, many top executives still have one question- ‘Is RPA really important for my organization/business?’. To all such people, this RPA blog will clear the doubt.

What is Robotic Process Automation (RPA)? 

Robotic Process Automation (RPA) is a leading-edge technology that is designed to automate rule-based tasks. RPA software enables organizations to streamline their business processes to increase operational efficiency. RPA bots can mimic any type of rule-based human action and assist organizations in implementing large-scale digital transformation to provide a competitive edge. According to a McKinsey report, the RPA platform/RPA system has the potential to offer 30-200% of ROI in a very short period of time.

Signs of its Need

Every business runs on various processes. Some are simple so some are complex in nature. A few are voluminous as well that consume too much bandwidth of key employees and affect the overall work productivity. So check these signs

  1. Your employees giving too much time in doing repetitive work
  2. You are failing to meet compliance requirements
  3. Not able to bring the desired level of accuracy and product/service quality
  4. The team is taking too much time to make product/service ready for customers
  5. Not able to perform well in tasks where cognitive capabilities are required
  6. Employee productivity is a major concern that is affecting deliveries and timelines
  7. Not able to get precise and intelligent insights about business for better decision making
  8. Chaos amongst different departments
  9. Teams are working in silos when better collaboration or communication is needed
  10. Not able to integrate legacy systems properly
  11. Facing difficulties in meeting business objectives
  12. Experiencing the feeling of lagging out in the business race due to outdated way of executing regular business work
  13. Not able to boost greater innovation at the workplace
  14. Employees feel disengaged and down due to inefficient use of their capabilities
  15. Customers are not fully satisfied with your service or leaving you unsatisfied
  16. Not able to meet revenue goals
  17. Lack of invisibility of business processes and people
  18. Work backlog is a common issue
  19. It takes several days to complete invoice processing
  20. Lack of proper data management (including data security) affecting your business
  21. Operating cost is an area of major concern

If you face any of these issues, you certainly need to implement RPA software/RPA bots in your organization. The earlier you implement the better it would be for your business and you.

Which industries are best suited for RPA solutions?

RPA solution is not linked with any specific industry. It can be implemented anywhere, in any industry or company where rule-based voluminous business processes are executed in a very inefficient manner. Having said that, its adoption is growing at a fast pace in various high-value business verticals like Information Technology, Manufacturing, Healthcare, FMCG, Retail, E-commerce, Banking & Finance, Insurance, Hospitality, Customer Service, Real Estate, Telecom, etc. Robotic process automation solution ensures the best returns in very less time and guarantees to bring additional value to the business for enhanced prosperity.

When to Implement RPA Solution?

Someone has rightly said that the best time to make a big move towards an optimistic goal was yesterday and the next best time is ‘Today’. So if you have yet to discover the potential of RPA solutions for your larger business benefits, don’t wait any further as the race towards digitalization has already intensified. Consult any reputed RPA solution provider, choose the right business processes to automate, and select desired RPA tools to continue towards your path to progress.

Vraimatic Can Help!

Vraimatic is a globally recognized and leading RPA solution provider, having esteemed business collaboration with UiPath and Automation Anywhere, the legends of the automation world. We can help you roll out automation of any kind and type using our proven RPA expertise and advanced technologies. Being a part of  VSynergize, a global leader in lead generation, we leverage the expertise gained in the last 20+ years to help our clients deliver scalable & profitable RPA solutions.

For more details, contact us now

Phone: 1-855-203-8196