Robotic Process Automation

ROBOTIC PROCESS AUTOMATION

Introduction:

Before computers came into existence, humans used to do all the hard work with limited means available at hand. With the advent of computers, massive storage of data and calculations became possible with a single mouse click. But still, a human was needed to operate the system. Now, the ever-evolving technology will allow taking humans too out from the equation.

Imagine yourself telling your computer to do this, do that and finish that report for you. Is it really possible and effective?

The answer is yes.

This is exactly where Robotic Process Automation (RPA) comes into play. RPA systems are used to automate basic and repetitive office tasks.

What is RPA?

Robotic process automation (RPA) is the application of technology that allows employees in a company to configure computer software or a “robot” to capture and interpret existing applications for processing a transaction, manipulating data, triggering responses and communicating with other digital systems.

Any company that uses labor on a large scale for general knowledge process work, where people are performing high-volume, highly transactional process functions, will boost their capabilities and save money and time with robotic process automation software.

What all technologies does RPA include?

Robotic Process Automation includes a variety of technologies to make it capable of handling extensive enterprise resource planning (ERP) and enterprise project management (EPM). :

1. Visual user interface

2. Audio enabled control and management system with voice recognition

3. Remote enabled system

RPA of all advanced process solutions is the most trusted and reliable. It is implemented in multiple industries across the globe.

Cost reduction: Software robots are typically at least one-third the price of an offshore FTE.
Efficiency: RPA can operate 24X7 without breaks provided the underlying core applications are available.
Accuracy: Human FTEs make data entry mistakes, whereas robots perform the same task the same way every time provided there is no judgment call required while processing transactions.
Improved audit and regulatory compliance: Robots can provide a detailed audit log enabling advanced business analytics and improved compliance.
Ease of change management: Robots preserve application and data integrity by leveraging the existing application presentation layer and reusing existing application logic, databases and validation without deep understanding and re-engineering.