What is Robotic Process Automation?


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Uploaded on Jul 25, 2022

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PPT on Robotic Process Automation.

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What is Robotic Process Automation?

WHAT IS ROBOTIC PROCESS AUTOMATION? Introduction Robotic process automation (RPA) is a software technology that makes it easy to build, deploy, and manage software robots that emulate humans actions interacting with digital systems and software. Source: www.uipath.com 2 RPA and intelligent automation • In order for RPA tools in the marketplace to remain competitive, they will need to move beyond task automation and expand their offerings to include intelligent automation (IA). • This type of automation expands on RPA functionality by incorporating sub-disciplines of artificial intelligence, like machine learning, natural language processing, and computer vision. Source: www.ibm.com 3 RPA and hyperautomation • Hyperautomation is the concept of automating everything in an organization that can be automated. • Organizations that adopt hyperautomation aim to streamline processes, and they leverage technologies such, as artificial intelligence (AI) and robotic process automation (RPA), to operate certain workflows without human intervention. Source: www.ibm.com 4 How does RPA work? According to Forrester, RPA software tools must include the following core capabilities: • Low-code capabilities to build automation scripts • Integration with enterprise applications • Orchestration and administration including configuration, monitoring and security Source: www.ibm.com 5 BENEFITS OF RPA Less coding RPA does not necessarily require a developer to configure; drag-and-drop features in user interfaces make it easier to onboard non-technical staff. Source: www.ibm.com 7 Rapid cost savings Since RPA reduces the workload of teams, staff can be reallocated towards other priority work that does require human input, leading to increases in productivity and ROI. Source: www.ibm.com 8 Higher customer satisfaction Since bots and chatbots can work around the clock, they can reduce wait times for customers, leading to higher rates of customer satisfaction. Source: www.ibm.com 9 Improved employee morale By lifting repetitive, high-volume workload off your team, RPA allows people to focus on more thoughtful and strategic decision-making. This shift in work has a positive effect on employee happiness. Source: www.ibm.com 1 0 Better accuracy and compliance • Since you can program RPA robots to follow specific workflows and rules, you can reduce human error, particularly around work which requires accuracy and compliance, like regulatory standards. • RPA can also provide an audit trail, making it easy to monitor progress and resolve issues more quickly. Source: www.ibm.com 1 1