Category: Robotic Process Automation

Why RPA is The Future of Shared Services

 

Robotic Process Automation is creating ripples across industries due to its runaway success in various sectors. Among the next generation technologies like machine learning, artificial intelligence and Robotic Process Automation, RPA is the one that organizations are heavily shifting towards because of its promised benefits such has high RoI, short payback period and improved overall performance while reducing the cost.

The benefits that RPA have brought to businesses that have chosen to adopt it has made heads turn and top managements of many other businesses have been forced to take notice. It has been becoming quite apparent for a while now that businesses have two clear choices: to adopt RPA and march ahead of their rivals or be rigid and fall behind their competitors. There is a lot at stake which requires careful planning and decision making.

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How RPA Reduces Risk in Business Operations?

 

Robotic Process Automation (RPA) provides multiple benefits for an organization to effectively manage their business operations. One such benefit of RPA program is to reduce the overall risk that is associated with any operation taken by any business. Today, we give you our extensive guide on as to how RPA can help your company in achieving maximum efficiency by minimizing operational risks that it encounters in its way.

Benefits of RPA

RPA plays a pivotal role in the manner in which today’s workforce has been entirely digitalized and has enabled them to modify the way in which these workplace undertake their everyday work and tasks.

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7 Use Cases of RPA in Healthcare Industry

 

The current buzz word across most industries is Robotic Process Automation. After the success in many sectors, RPA is a much sought after technology that is being rapidly adopted across industries because of the multiple benefits it offers.

Whenever we hear the word Robotic Process Automation, most people picture robots replacing humans. However, this is not completely true.

Robotics, machine learning, artificial intelligence are next-generation technologies that are being implemented in the workplace much to the advantage of organizations that want to achieve their goals and keep pace with their competitors.

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10 Use Cases for RPA in Insurance Industry

 

We are living in an era where each day breaks to face a new technology and the whole world is under the control of these different technologies. Robot Process Automation is one among the emerging technologies that has come up with so many promises for different niches.

Robot Process Automation is the software technology that works based on software robots that have Artificial Intelligence to perform tasks like controlling desktop based applications, collecting data base on certain aspects, feeding the gathered data to some applications and also to manipulate the data that is already gathered from previous processes based on the current scenario.

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How RPA Can Help In Transforming The Future of Order Processing Automation

 

Till some time back, using an automation software to automate various business tasks was a high-tech concept way beyond the reach of many businesses and even IT firms. But now when you walk into the boardroom of multinationals and ask them how they streamline their business process, the first thing that pops up is process automation.

RPA or Robotic Process Automation is a technology that mimics the human actions that are associated with a multitude of businesses. The ‘robots’ involved in this process aren’t the robots in a physical sense, rather they are the software that are used in computers and works with all business applications. Their chief functions include collecting and comparing data from different systems, adjusting insurance claims, processing orders or doing anything that is predictable and repeatable.

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How can RPA help companies rethink HR Tasks?

 

Artificial intelligence and machine learning and the applications thereof are widespread across various sectors and industries. Another technology that is creating ripples is RPA (Robotic Process Automation).

As a HR leader, you must be aware about the increasing use of Robotic Process Automation in easing up tasks and fastening up processes. It is a technology that has been successfully implemented in other functional departments but only recently companies have started to apply its vast potential to the Human Resource space.

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8 RPA Use Cases in Retail Industry

 

Retail has been one of the most prominent and growth oriented sectors, especially in the emerging markets in the recent past. According to a report by eMarketer, the retail industry is expected to reach a mark of $27.7 trillion in global sales by 2020 and along with the growing opportunities; the competition among different players is rapidly rising.

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How Robotic Process Automation (RPA) Will Change the Role of Human Workers

 

In the 1930s, John Maynard Keynes prophesied that technology will displace jobs and lead to unemployment. Cut to the present times, you will find one of the pertinent question that every employee of an organization ask its management is – will robots take away our jobs?

It’s a fear that stems from various news reports that they read and hear everywhere; such as the report by McKinsey that states around 60% of occupations could have 30% or more of their constituents automated.

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Top 7 RPA Use Cases In Manufacturing Industry

 

Manufacturing Automation has attracted recent innovations in factories in various sectors. Significantly, the manufacturing sector is experiencing error-free and streamlined procedures without completing full performance to give the best productivity using RPA.

Wrong replication processes dramatically increase the risky productivity of manufacturing companies and the smart leaders of these companies embrace the Robotics Process Automation to increase their output and good productivity.

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Forecasting The Future of Robotic Process Automation

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Think about an enterprise applying for a working capital loan. The request is added to a queue, the vetting process takes a couple of weeks, a compliance procedure is followed, and if everything goes per plan, your loan is granted.

Unfortunately, in a reducing era of timespans, results are needed faster than ever, and what way out could work? Solutions like Robotic process automation in banking is here, which is the mimicking of human habits and workflows, to deliver the same in a faster and error-free manner.Continue Reading…