Almost every business is turning to robotic process automation to remove tedious tasks & freeing employees to focus on high-value work. Organizations across sectors & functions are moving or planning to deploy RPA. Robotic Process Automation can optimize resources, and maximize efficiency across departments, locations —from financial services, and insurance healthcare to human resources in the cloud & on-premise.
If you’re still wondering whether your organization would benefit from an RPA solution, then read on to make an informed decision.
What is RPA?
Robotic process automation (RPA) is a software, technology, or both that cuts down human efforts by mimicking the repetitive, high-volume steps in a process. Software code acts like robots, or ‘bots’ emulates the actions of humans to execute rote tasks within applications via their UI. In the actual world, we know about robots used in car manufacturing units.
How RPA works?
RPA software (bot) records the steps taken to complete a process. Bots can mimic clicks & keystrokes to resemble filling out the data in various fields, moving it between systems, and many such basic tasks. High-volume, rules-driven, and repetitive processes are good candidates for RPA.
Types of RPA
In general, you get 2 types of RPA
- Attended RPA
Attended RPA automates repetitive, manual, front-office activities, and mimics actions you perform on your desktop or browser, like mouse clicks, by recording and playing back these actions in real time. This requires minimal human intervention.
- Unattended RPA
Unattended RPA requires no human intervention. Bots do the work by themselves recording and playing back actions. Because they can use triggers and schedule automated events, they’re ideal for accelerating the automation of high-volume tasks across your organization.
- Requires less time and effort to implement.
- RPA works on both physical and virtual machines.
- Can be customized to every individual requirement.
- Major RPA platforms provided no-code or low-code GUI to implement automation.
Benefits of RPA
- Saves time, effort, and costs.
- Reduce errors, Increase productivity & fast results.
- Improve customer and employee satisfaction.
- Free up employees to concentrate on value-added and complex business tasks.
What processes are relevant to RPA?
- Banking and Financial Services
- Insurance & Lending and loan processing
- Employee data management
- Marketing & Sales Process
- IT system maintenance
Top Vendors of Robotic Automation Process
RPA hype, is it worth it?
RPA is the buzzword in the IT industry. market, but it is not a single solution for all challenges of business process optimization. Some RPA software can be limited, expensive, time-consuming to configure & incompatible with legacy systems, or where the process requires some human interventions. Understanding the Business process is very important and then mapping the correct RPA platform to the pertinent needs is the way to go forward.
To get notifications of new blog posts like this click below, Subscribe Now.