Maximise Profitability With RPA

Robotic Process Automation is a unique business process automation software that gives you tools that your organisation can use in creating your software robots. Mimicking human action, these bots simplify & flawlessly carry out processes while interacting with different digital applications and systems, during the act of processing data. Simply put, you can even consider them to be digital workers because they’ve got the same digital skills as humans but with higher efficiency. Helping you save time and maximize productivity.

Evolving with the times and with the necessity to multi-task, RPA is indeed the future of seamless work that’s sure to make you grow.

RPA combined with AI (Artificial Intelligence) and Machine Learning can also be used to automate complex tasks and end-to-end processes, simplifying decision making and predictive analysis paving your way to an agile system.

RPA can deliver a return on investment in approximately three to six months. High on efficiency they ensure:

• 80% reduction in processing cost
• Average handling times reduced by 40%
• 24/7 resilient operation
• Zero scope of error
• Increased scalability through a 24-hour virtual workforce
• Boosting resources up the value chain by upskilling users
• (Upskilling resources and moving them up the value chain)

The role of RPA is essential to increasing quality and reducing costs, without any change in existing processes thereby improving the organization’s efficiency

It also is all about training the software robot to do new interactive tasks without changing the system involved. Essentially non-invasive in nature, it does not affect the existing IT infrastructure and does not change the processes. Software robots also follow the same steps as that of a human in less time & with more efficiency, giving the users the opportunity & time to handle complex value-adding tasks. They are also used to troubleshoot using their specialized knowledge for exception handling.

Robotic Process Automation is a versatile technology that has multiple uses in every industry. It is, however, widely popular, owing to its capacity of multi-tasking & trouble-shooting that helps to win over usual drawbacks like:

•       Human errors due to exhaustion:- RPA works 24×7
•       Slow completion of tasks:- RPA increases efficiency by 50%
•       Mundane activities eating into employee time:- RPA takes up routine tasks
•       No time for innovation:- RPA makes businesses more productive
•       Rigid processes & execution:- RPA provides flexibility in execution too

RPA cannot be used on data that is non-electronic and is unstructured, as for example- a paper correspondence. It can be used in combination with other technologies like scanning and OCR after we convert the non-digital data into digital data to extract information from it.

RPA is best used on mature processes. If processes are not mature it is better to standardize the process using other methodologies like Six Sigma and Lean. RPA can neither fix a broken process nor be implemented on a broken process as well.

It can log on to applications and systems, move files and folders, extract, copy and insert data. It can also fill forms and provide routine analyses and reports.  With the power to combine with hundreds of open APIs to extract data, it can also have integration features that will allow it the flexibility to easily work with any third-party applications.

Intelligent RPA when combined with AI and ML can perform complex tasks like interpreting text, understand unstructured data, code chats and make complex decisions as well.

Many Enterprise RPA tools also feature a core capability like a control panel/dashboard functionality which helps in work allocation & monitoring. These control panels are used for multiple processes and multiple bot orchestration & application sign-ins, thereby providing control over the process. Many however, have exceptions handling flow for which human intervention is needed.

RPA dashboards show real-time data and analytics to businesses so that they can monitor resource usage, process completion time, and transaction success rates. ly three to six months. High on efficiency they ensure: