Top 10 Success Factors for Robotic Process Automation

Top 10 Success Factors for Robotic Process Automation

In today’s world, technology exists to make life easier for people in general. Several new forms of tech have come up in the last few years for this very purpose, partly to make our home lives easier, and partly to optimize our work lives. Let’s try to understand one of these ways to optimize our time spent at work while maximizing our own efficiency – we’re talking about Robotic Process Automation (RPA).

Robotic Process Automation or RPA refers to a system that predominantly uses rules based approach to automate mechanical and repetitive tasks of computer users  to make our lives easier. What RPA does is that it takes tasks that can otherwise seem tedious, and sometimes even monotonous, and enables the computer to do them for you. RPA is often useful when processing large number of repetitive transactions, where a human would take much longer to carry out the same task.

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One may be required to devise a programme or algorithm that crunches and computes your data and conducts your tasks for you. Alternatively, there are myriad such programmes that have been written by firms (and even individuals) and are readily available to users at the appropriate cost. With the kind of innovation we see in the world on the daily, and as such, finding the kind of RPA program you need is more or less a piece of cake.

Robotic Process Automation is not a physical robot and it does not have the ability to replace a human. It is more software purchasable to manage your data better. It requires a human to sit behind the screen and run it by filling in the data that it needs to process.

How Does RPA Help in the Long Run?

Robotic Process automation can actually save you hours of time you could rather spend working on other tasks that cannot necessarily be conducted by your computer. RPAs take four stages before they come to use in any setting; first comes the discovery phase wherein the user needs to figure out what needs simplifying, then the development wherein the system or software is developed. The third phase consists of prototyping and testing, while system upgrades and maintenance of the software fall in the fourth, and final, phase.

In the long run, we may focus more on how to upgrade the system rather than worrying about what the system can or is supposed to do. We can also focus on the myriad other tasks at hand instead of worrying about those that the computer can take care of.

The possibilities that come up in terms of artificial intelligence are also considerably significant. Robotic Process Automation requires the aid of AI and machine learning to consistently better itself without requiring as many updates. This is the biggest advantage of integrating AI with RPA, and it can notably increase efficiency and productivity in the workplace.

Top 10 Benefits of Robotic Process Automation

Let’s discuss a couple of ways in which Robotic Process Automation is and can continually be highly contributive to and beneficial for the growth of a company.

  • Accuracy

There is no doubt that where AI is involved, there is bound to be high accuracy with minimal errors. Needless to say that integrating RPA systems into your workplace is imperative to improve and increase the accuracy with which your data is processed and analyzed.

  • Ease

RPA simplifies otherwise complex tasks that could take ages to complete.

  • Productivity Maximisation

With automated systems for tasks, employees’ workdays can be managed much better and much more efficiently to do more in less time. This also makes for happier employees, leading to more productivity in the workplace.

  • Quality Control

Robots are far less likely to make errors than humans. This accounts for leveling up work while keeping errors to a minimum.

  • Consistency

Computers are also much more likely to have consistent work patterns. This serves companies well in terms of daily functioning and upscaling.

  • Output Increase

Every company is looking to upscale in terms of output as well as employment. With simple RPA systems set up to take up tedious tasks, less time is spent to produce more quality work, enabling massive increases in output and expanding of business.

  1. Cost Efficiency

RPA provides for computers to carry out certain tasks instead of humans; this allows companies to downscale employees, thus saving more money.

  1. Security

You can’t imagine a computer hacking your server (unless a human is behind it). With carefully audited RPA systems in place, your data tends to be  more secure than when a human is directly handling it.

  • Analytical Advantages

Since work is being done on and by the computer, analyzing this data for future reference is that much less complicated.

  • Customer Satisfaction

With minimal errors in work, higher data security, and better quality control, your customers are bound to be more satisfied with your work when you inculcate into it RPA.

Why is RPA not enough?

While Robotic Process Automation focuses on automating the rules-based tasks, humans often also undertake tasks that need cognitive decision making. That is where Intelligent Automation comes in picture. A lot of cognitive tasks cannot be automated using pre-coded rules based computer programs. One has to take decisions on the fly based on the unique conditions for each transaction.

Document processing one such task that needs cognitive system to automate. And hence it can only be accomplished using Artificial Intelligence/ Machine Learning combined with traditional rules-based techniques.

Start Your Document Intelligence Journey with KlearStack

KlearStack has various document intelligence software available for download to make your work life easier. Start your journey with us to avail the above mentioned benefits of RPA.

Conclusion

Robotic Process Automation is imperative for businesses to thrive. More and more firms are choosing RPA every day, and it is increasing not only in relevance but also in how simple it is to gain access to it and learn how to use it. Find the right RPA for your company’s needs now to see it brighten your business prospects in the near future.

Ashutosh Saitwal
Ashutosh Saitwal
www.klearstack.com/

Ashutosh is the founder and director of the award winning KlearStack AI platform. You can catch him speaking at NASSCOM events around the world where he speaks and is an evangelist for RPA, AI, Machine Learning and Intelligent Document Processing.