In 2019, RPA is no longer the privilege of large enterprises. Multi-national corporations, as well as small and medium businesses that wish to enhance their market competitivity, must be aware of the ways to leverage the potential of state-of-the-art technology for their digital automation endeavors.
CIO’s have the power to take the company to the next level by implementing robotic process automation. As a complex process, for the long term success, it is helpful to keep in mind principles such as security of data comes first or fostering collaboration towards building cross-department attuned strategies.
Implementing robotic process automation in contact centres can provide your employees with much needed assistance, without the need for more (costly) hirings. Not only will they become more productive, but they’ll also be freed to invest time and cognitive resources in customer communication.
All the general benefits of robotic process automation have their specific implementation in insurance. The use of software robots has led to significant reduction of processing time, sometimes even by over 70%.
Mining has been one of the core industrial developments in Australia ever since the 19th century. Australia is a vital mineral, gas, metals and ore supplier and drives various commodity prices in the global markets. Up to 2025, $190 billion is the estimated effect of digitalisation in mining.
Given the large amount of low complexity and high volume manual processes involved in finance (e.g., producing financial statements, card activation, account opening), it seems that automation can serve the industry well.
What is robotic process automation? What results does RPA bring? What processes are eligible for automation? We are here to offer answers to all of these questions and more, through a detailed infographic about robotic process automation in 2018.
Enterprise grade RPA platforms can be impractical for small and medium businesses due to budget and personnel constraints. And so ‘RPA Robots for Hire’ was born, out of the belief that the benefits of automation should be enjoyed by organisations of all sizes.
If we focus on larger businesses (i.e., with more than 500 employees), the RPA picture is yet more dense, justifying an even brighter outlook: 38% of the economic organisations surveyed had already initiated the activation of RPA programs.
We consider 5 of the most prominent robotic process automation objections, and see how they could be addressed. Let’s try to understand what grounds them, and get over the potential misunderstandings by making things clearer.
Data security is definitely one of the top priority problems on the present agenda of many organisations and governments. Discover how robotic process automation can help you implement GDPR compliance.
What are the RPA application areas, or the actions that define the goal directed interactions between you and the automation system? More specifically, what can you do by means of automated processes better than you can do with human employees?
In the early days of robotic process automation, it was mostly the business crews who dealt with software implementation and maintenance, with only marginal consultancy of IT practitioners. But, as the song goes, “times are a-changin’ ”.
Robotic process automation is easily adaptable to a large number of industries; it is the right glove for finance, healthcare, banking, accounting and more. RPA and the utilities industry is also one of these well matched technology - industry mixes.
In order to implement RPA “the smart way” and take the most advantage of it, you should be aware of the robotic process automation pitfalls from the very beginning.
27% of corporate leaders and 24.1% of compliance professionals submitted that a “lack of technological capabilities”, which includes robotic process automation, posed the greatest challenge.
These eight questions should help you start automation in a positive fashion, or at least bring you one step closer to becoming part of the increasing number of innovative companies that turn to RPA in 2018.
In 2017 the adoption of RPA grew globally at a higher pace than ever before. Extrapolating its growth trajectory into the near future would imply adoption as a necessary step for competitive businesses.
More and more companies decide to invest in automation. There is no need for an ‘either/or’ attitude when it comes to RPA and employees, because it seems that success in the long run belongs to a harmony between the two.