Robotic process automation(RPA) | importance | Benefits

 Robotic process automation 

What is Robotic process automation(RPA)?

Robotic process automation (RPA), also known as software robotics, uses intelligent automation technologies to perform repetitive office tasks of human workers, or 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. Like other people, software robots do anything like understand what is on the screen, complete the right tasks, proper work on the system, find the data and extract the data and performed a wide range of defined action. Software robot do it faster and more consistently than the human, without the need to get up for walk, or strech or take a coffee break.

Business benefits of RPA

Robotic process automation streamline workflow, which make more profitable, flexible, and responsive. It also increase employee satisfaction, engagement, and productivity tasks from their workday. RPA can be rapidly implemented to accelerate digital transformation. 

• Save time, repetitive administrative tasks are a common part of many business process.
• Increase ROI. 
• Eliminate human error.
• Elevate security.
• Increase compliance.
• Scale process automation.
• Employee satisfaction.  

Proven Benefits of RPA for Businesses

1.Cost-Effective

It has been estimated that using robotics cuts operational costs by as much as 25-25%. Robots can work 24/7 and take no break or vacation as compared to humans who work 8/5 and fixed the number of annual leaves per year. Having robots take over some of the manually intensive work from humans could result in visible gains for the business. Automation can help you recover the cost within a short time span and from then on, it is all only about gains.

2. Accuracy & Quality

RPA offers better and improved services to process which is high probability for human error. Robots are beneficial and reliable, they do work with in short time and with tirelessly. RPA give us better work which don't need of re-work, and improve the output quality. The best part is that, Robots follow all the rules and discipline, and they give 100% result as compare to human.

3. Consistency

RPA or Robots are reliable, non-invasive technology that doesn't interfere with the inherent systems and provides perfect consistency in performing the activities across the board, each time and every time.

4. Improved Analytics

Having access to error free, accurate data from many other resources would improve the quality of analytics in the process. this lead to better decision making and overall, to the betterment of the process execution.  

      

5. 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.

6. Existing systems remain in place

Robotic Process Automation RPA  doesn't cause any problem because bots work on the presentation layer of existing applications. So you can use bots in situation when you don't have an application programming interface(API) or the resources to develop deep integrations.

7. Higher customer satisfaction

Since bots and chat-bots can work around the clock, they can reduce time for customers, leading to higher rates of customer satisfaction.

8. Better IT Support and Management

RPA improves the operational quality of the service desk and monitors the network. This enables companies to handle short term spikes without having to recruit extra staff or train them.

Conclusion

As this advanced technology is revolutionizing process efficiencies and increasing productivity across companies, RPA is changing the various business and business models are run. Analytics are even suggesting that RPA is creating a second parallel economy that connects to the physical economy in current system to speed up and optimises knowledge work. Mechanic or Mechanical engineering manufacture the robot for the welfare of mankind.        

Robotic Process Automation or RPA, is a form of business process automation that allows anyone to define a set of instruction for a robot or bot. RPA handles repetitive business processes using software robots to perform tasks.