Robotic Process Automation (RPA) has been emerging in top industries during the last few years, with an increasing amount of reliance on the technology to improve work efficiency and profitability. Simply put RPA is a software application that replicates the actions of a person interacting with the user interface of a computer system. For example, the execution of data entry into a CRM system.
RPA is one of the kind human-computer technology that provides business with a virtual workforce that is rule-based and is set up to connect with the company’s systems in the same way as that of its existing users. With robotics, Companies can automate and build an automation platform for their front office, back office, and support functions seamlessly.
RPA offers improved services to processes that have a high probability of human error, thereby increasing accuracy. Robots are reliable, and consistent and do not whine when expected to work tirelessly.
It has been estimated that using robotics cuts operational costs by as much as 25-50%. Robots can operate 24/7 tirelessly.
Having access to error-free, accurate data from various sources would improve the quality of analytics in the process.
Scalability and flexibility are enhanced using RPA Technology. Robotic Process Automation is not impacted adversely by increasing or decreasing volumes.
Enhanced workflow facilitated by RPA will speed up business processes end-to-end, making the company more productive at a lower cost.