Robotics Process Automation (RPA)
Robotics Process Automation (RPA) allows organizations to automate task just like a human being was doing them across application and systems. Robotic automation interacts with the existing IT architecture with no complex system integration required. Computer software acting as robots can be used to ease out the work done by a human being by integrating that software into the business which in turn leaves no stones unturned in making the job successful and to achieve the utmost precision. RPA robots utilize the user interface to capture data and manipulate applications just like a human being which reduces the cost factor to much extent.
RPA is not actually a robot which means one doesn’t need to purchase a robot or maintain a machine but its a software program which is actually a sequence of commands which are executed by bots under the defined set of business rules.
Why there is a need of RPA?
With the advancement in technology systems and business technologies changing day by day which in turn would force the organization to adapt that particular technology process so as to match with the pace and to make themselves fit for the race. For that there will be a urgent requirement for the organizations to either hire new resources or to train the existing resources for the same, which will require time and money both. These changes are not even consistent so these organization’s will be required to spent on their resources again and again so as to overcome these and to save time and money, technology can be a boon for them. As using the new advanced technology of RPA, one would need to make a one time investment which can benefit them for a much more longer duration and is reliable enough, reduces the work forces and efficiently and accurately manages the work.
In case of change, a change in few lines of software code is always faster and cheaper than retaining hundreds of employees.
Benefits of RPA:
A robotic software can work efficiently without being getting tired
A work done by a human being is not 100% accurate and there are always chances of some errors which can be disastrous for a business but when we talk about the work done by RPA its 100% accurate and more productive as compared to a human. When multiple tasks are assigned to a human there may be chances that he/she will not be able to deliver 100% but in case of these robotic software’s, they can handle multiple tasks well as compared to a human.
RPA reduces the opex cost and optimize FTE
When we utilize these robots for the work that a human was earlier doing, this not only makes the work more efficient and accurate and makes human beings to focus on the other more important factors for the development of the organization. Employees can now dedicate more time towards consumer service and developing the new technologies.
RPA reduces the turnaround time and can be easily integrated within the existing system of the organization.