Robotic Process Automation (RPA) is increasingly gaining traction across sectors, geographies, and organizational sizes, with businesses seeking cost savings, operations optimization, better customer service, fewer mistakes, simpler management, control, faster implementation, and ROI. Therefore, RPA has become the most important step in business transformation.
RPA software spending is expected to reach $2.9 billion in 2021, according to Forrester.
While a company can adopt RPA without embarking on a full-fledged digital transformation initiative, most digital transformation initiatives will be incomplete without any intelligent automation capabilities.
An RPA software bot mimics how a person will communicate with a device or program and then automates it. RPA is one of the first (and most straightforward) approaches to automation in many enterprises’ digital transformation journeys. RPA may be the catalyst for greater change as part of a larger digital transformation plan.
What is RPA’s role in business transformation?
RPA has limitless program possibilities.
Robotic Process Automation systems are not a replacement for enterprise business applications. They automate human employees’ manual tasks by using exactly the same screens that the employees currently display, fill in, or refresh.
Screen scraping is one of the tools used in order to move the data from one device to the other. RPA can read screen input and learn from humans which fields data should be stored in. RPA eliminates the need for costly interface programming, allowing for high levels of automation and nearly limitless application possibilities.
RPA provides increased performance and speed.
A survey conducted by Dutch tech specialist Redwood found that 83 percent of IT decision-makers consider automation involving robots to be the cornerstone to their digital transformation strategy, even before RPA became a buzzword. The main advantages of this type of automation are speed, performance, and cost. This is why so many businesses are investing in the automation of routine activities.
Meanwhile, several resources are available to help you take this first step toward automation. Kronnika Academy offers introductory and developer training to actualize custom scenarios. After short-term training, it is possible to start automating processes.
What are the key factors of a successful business transformation with RPA?
Automate more. Examine existing processes from an end-to-end, cross-functional eye, and automate as much as possible.
Concentrate on the front-end operations. Since upstream process changes have a magnified effect on downstream steps, maximize the use of automation during the initial steps of a process and operate in conjunction with other departments or functions.
Increase your performance. Evaluate the conventional and digital workforce’s process dependencies, and intelligently plan RPA solutions to maximize uptime while avoiding overburdening production processes.
Seek for complete auditability. Consider automating processes to build a complete digital trail and strengthen controls for tasks that would otherwise be too time-consuming to audit thoroughly.
Companies will continue to refine their automation algorithms as the size of automation within the organization grows, and new applications for RPA will emerge to build long-term transformational change and competitive advantage. In other words, RPA will assist the whole company in business transformation.
Here are some of the reasons why you should start your own business transformation with Kronnika;
- Experienced & Flexible Team
- Simple & Transparent Processes
- Powerful Technology
- Reasonable Costs
- Exceptional Support
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