Industry Analysis – A case for Robotic Process Automation
What exactly does Robotic Process Automation do?
Robotic process automation (RPA) is the application of technology that allows a software application, a “robot” to capture and interpret existing applications for processing a transaction or process, manipulating data, triggering responses and communicating with other systems or applications.
It does this with outstanding efficiency, accuracy and all the while offering enhanced Risk & Governance controls; can operate 24hrs day, seven days a week; with some processes eliminating the need for human engagement altogether.
So, why should you actively seek a Robotics solution?
An organisation that use employees on a large scale to perform high-volume, highly transactional process functions with data can benefit from our Agile Robots to boost capabilities, save money and time, with increased levels of accuracy.
Just as we have seen robots revolutionise the manufacturing industry, by creating higher production rates, improved quality and cost savings, RPA is revolutionising the way we think about and administer business processes, workflow processes, remote infrastructure and back-office (administration) functions.
RPA provides dramatic improvements in accuracy and cycle time and increased productivity in transaction processing while it elevates the nature of work by removing people from dull, repetitive tasks, increases productivity and customer experience, both internally and externally.
The economic problem:
All societies and indeed businesses, face the economic problem, which is how to make the best use of limited, or scarce, resources to best meet the needs and wants of the population or indeed, business and its customers.
The economic problem exists because, although the needs and wants are endless, the resources available to satisfy these needs and wants are limited. But, what if Agile Automations could offer a solution, that would increase a business’s sources through automation?
What does this look like?
Well let’s look at it in terms of a board’s strategic direction and challenges faced;
- The organisation wants to roll out new products faster than competitors however, the system changes are either too expensive or unsupported/incompatible
- It is the top priority to provide fantastic new service to customers by introducing new ways that customer use their product however, will require six months to develop, test and implement
- Post brexit it might be imperative to increase productivity using innovative ways however, the system integrity, security and governance is priority and any changes will require even more resources upfront
Through embracing Robotic Process Automations, these types of common constraints experienced by the board, can be greatly reduced.
Why? Because Robotic Process Automations act as your robotic workforce, working on the core business processes, allowing your skilled teams to
concentrate on developing the business and its customer proposition without core system changes.
Robotic Process Automations are beginning to have a profound effect on all aspects of organisations.
In the longer term, RPA means people will have more interesting work which will rely on human emotional or cognitive decision-making virtues.
Instead of filling mundane forms, sheets and documents, staff will be able to click the button and see the process complete, while finding the opportunity to add value to the organisation with their better skill-set.
We hope that this four part blog series (Click here to view all) serves as a good introduction to the Robotic Process Automation and the journey to its successful implementation.
Can your business benefit from such relentless commitment to perfection? Contact us to find out more!