CEOs and organisations are constantly looking for opportunities to automate their processes without the need for complex programming or re-architecture. That is where RPA comes in.
What is RPA?
RPA (Robotic Process Automation) is a software that allows you to automate repetitive, time-intensive, manual, rules-based processes without needing to re-structure current set-ups or applications. RPA can be scheduled to run any time and at a much quicker, less error-prone rate than a human worker would. It is estimated that almost half of work processes could be automated, which would enable an immeasurable scale of cost savings for organisations across the world.
In this current climate, RPA will ensure your organisations stays current and competitive with the ability to combat unexpected business issues. Some of the largest benefits of RPA include the low barrier to entry with an ease of adoption, the immediate increase in ROI, the ability to run 24/7 with reduced errors - ensuring compliance, and the workforce advantages such as improved productivity and morale.
PwC have investigated why RPA is a game-changer, here is a summary:
Businesses can customise their digital solutions delivering significant and sustainable value in such a short timeframe, whilst reducing overall risk.
While achieving efficiencies and cost savings, companies can also preserve flexibility.
It is easy to adapt the automations over time as tweaks and updates are needed.
RPA allows organisations the opportunity to rethink and potentially redesign end-to-end processes to their ideal
Any transactional work that is currently outsourced to third parties could come back in-house allowing companies to maintain control and ownership of their processes
RPA increases value, accuracy and compliance in businesses and enables employees an increase in productivity and morale, without them focusing too much on repetitive, error-prone tasks.
Key factors for a successful adoption of RPA:
Automate as much as possible to allow to see the biggest benefits
Focus on front-end processes
Create as much of a digital trail as possible to maintain 100% auditability
With the intelligent adoption of RPA, companies will be taking a step in the right direction for their continuing growth.
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