How Robotic Process Automation Benefits Your Business

By Saibal

June 9, 2017

Robotic Process Automation Benefits Your Business

RPA has been gaining ground in the world of business and IT, with advances in artificial intelligence that allow the platform to “learn” as it observes data elements and processing decisions.

Undertaking an RPA implementation in itself can benefit businesses by identifying inefficiencies in processes and workflow. As employees and management evaluate functions for robotic automation, issues like duplicate keying of data and wasteful operations can quickly rise to the surface.

The Institute for Robotic Process Automation (IRPA) estimates that, in the near future, RPA could save companies that implement these systems 20-40% in labor costs alone. Imagine a platform that recognizes and resolves problems quickly, automatically, and that is available 24/7.

Advantages offered through the adoption of RPA technology

  • Efficiency is improved by entering and processing data consistently, quickly, and without human error. Rework is greatly reduced, if not eliminated entirely.
  • Operational efficiency improves to the point that more work is accomplished with the same or fewer employees. This reduces the need to recruit and train additional personnel.
  • Scalability and flexibility is enhanced by the use of RPA. Robotic Process Automation is not impacted adversely by increasing or decreasing volumes.
  • Doors open for additional applications, limited only to the imagination and evaluation of existing business processes. As RPA gathers business data, advanced analytics become available to management that uncover new opportunities for applying the platform to additional processes.
  • Enhanced workflow facilitated by RPA will speed business processes end-to-end, making the company more productive at lower cost.
  • Improved customer service results from freeing personnel resources from mundane and repetitive tasks, and allocating them to customer-centric activities.
  • Compliance and security procedures are assured through automation that follows consistent business rules and best practices.

 

RPA does not require revisions to business-critical legacy systems. This platform simplifies processes based on business rules and events, automating the time-consuming work formerly requiring human interaction. Gaps between multiple applications/systems can be accomplished through event-driven automation, rather than requiring multiple manual tasks.

Your organization is probably like most, with employees or departments performing redundant tasks. This often means handling thousands of transactions each day, making the tasks ideal candidates for RPA. Many of these processes do not require critical decision-making by the employees. At most they may require decisions based on standardized business rules that can easily be automated.

Getting Started with RPA

Learning more about RPA and how to successfully implement the platform can position your business for efficient and profitable operations now, and for years to come. Quite simply, RPA can change how work gets done in your business and allow you to:

RPA is not industry-specific. Every business from the largest enterprise to small and mid-size companies can benefit from robotic process automation to make their workforce more effective and improve the bottom line.

WorkSocial is introducing a series of courses dedicated to training both individuals and teams on RPA platforms.

Contact the professionals at WorkSocial today for details on our RPA event in Jersey City, NJ on July 10, 2017.

 

Learn More About RPA

 

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How Robotics Process Automation Benefits Your Business
Article Name
How Robotics Process Automation Benefits Your Business
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RPA can change how work gets done in your business. Learn how Robotics Process Automation benefits your business. WorkSocial. RPA Training.
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