Category: Robotic Process Automation (RPA)

Robotic Process Automation

16 RPA Conferences for Business Leaders in 2018 [Sortable]

16 RPA Conferences for Business Leaders in 2018 [Sortable]

You want to learn more about how RPA can help your business. You want to hear real-world examples, leverage experience of experts and understand your different options regarding RPA. We have plenty for you to learn from such as comprehensive RPA guide, checklist for RPA tool selection or RPA implementation best practices but conferences are also a great place to learn and network.

We prepared this sortable comprehensive list so you can easily sort by city or date or other parameters to find the right conference for your interest. Read more

Comprehensive Guide: How to choose an RPA consultant?

Comprehensive Guide: How to choose an RPA consultant?

Like all companies, yours probably relies on certain tasks and activities that don’t require a specialist’s attention. This means you can usually outsource or even automate them.

And now there is a new automation tool on the market: Robotic Process Automation (RPA)

If you have access to personnel who have experience working with RPA tools, that’s great. You probably set up a Center of Excellence and are running most of your RPA projects. However if you are not yet at that stage or if you need additional manpower to help program automations in the process, RPA consulting can help you take full advantage of this powerful solution. Read more

50 Process Automation Tools of 2018: A Comprehensive Guide

50 Process Automation Tools of 2018: A Comprehensive Guide

Most major companies are already using process automation tools to become more efficient and save money on labor costs. Any manager needs to be fluent on the scope of automation solutions and reduce manual work. Before we share our comprehensive list of process automation solutions, we will explain why they are important now and classify them.

2 reasons explaining why are process automation tools are relevant now

1- Scope of automation is increasing. While most major automation projects in 2000s involved IT system upgrades, currently there are numerous tools to automate tasks on a myriad of systems. Improvements in machine vision, OCR and machine learning enabled bots to understand user interfaces and perform actions.

2- Automation has numerous benefits: This is obvious but still it’s the most important reason why automation is now and will remain relevant.

  • Reduce manual processes
  • Reduce errors in critical data-entry routines like email-marketing programs. Everyone cringes when you accidentally send out newsletters with outdated pricing information.
  • Increase process execution speed which improves customer experience. For example, your customers loan applications can be approved automatically rather than waiting for a day for approval.
  • Create information transparency which makes it easier to hold individuals accountable for their responsibilities.

These are a summary of the benefits of automation, for more please see our guide on benefits of automation. Read more

3 RPA alternatives to consider before RPA investment

3 RPA alternatives to consider before RPA investment

Robotic Process Automation is a great technology and we have written extensively about its benefits, however it is not without alternatives. There are 3 major alternatives to RPA:

  1. IT transformation: New system architectures can be built to increase automation. However such structural changes will inevitably trigger changes in tools and take significant time and budget to complete. System upgrades especially those involving legacy systems require complex migrations and can take years. A Mckinsey and Oxford joint study on software project demonstrated that large IT projects run 45 percent over budget and 7 percent over time, while delivering 56 percent less value than predicted. Given such grim statistics, large companies have moved away from delivering comprehensive redesigns of their architectures to implementing quick fixes that solve their immediate problems.
  2. Business Process Management Platforms (BPMS): BPMSs integrate enterprise applications to increase the amount of “straight-through processing” possible within a process. BPMS can achieve similar results to IT transformations and can be achieved more rapidly. However, their benefits can be limited based on the variety of enterprise applications that are used in the process.
  3. Business Process Outsourcing: Popular in the 90s, many companies in the developed world outsourced their operations to the developing world. Companies benefited from outsourcing through labor arbitrage and economies of scale of outsourcing providers. However, with the increased convergence of developed and developing economies, labor arbitrage is decreasing in importance. And with most manual processes already outsourced, corporate leaders have seen that silos formed as a result of outsourcing have reduced innovation and created silos. More fundamental changes are required to improve processes today.

Compared to these alternatives, RPA provides a very good quick fix thanks to its 4 advantages compared to other alternatives:

  1. Flexibility: You can program an RPA bot to complete almost any repetitive task.
  2. Ease of integration: Thanks to screen scraping and existing integrations, bots can input and evaluate the output of almost all Windows applications.
  3. Ease of implementation: Macro recorders and drag&drop programming tools make it easy to program RPA solutions.
  4. Cost: Robots are cheaper than humans! Business process outsourcing solutions are no longer economical when those processes can be automated yielding better results and requiring less cost than outsourcing.

In many cases, RPA can provide robust, automated solutions. However, it is not always the optimal choice. Any of the above 3 choices can be used to manage or eliminate manual processes. If the alternatives have better ROI than an RPA implementation, companies would be wise to follow that route. Read more

In-depth guide for: What is Robotic Process Automation?

In-depth guide for: What is Robotic Process Automation?

The image above is a good metaphor for RPA. Though most people are looking forward to seeing robotic companions, they are still years away. However, software is already capable of using our keyboards and mouses just like we do. And that opens a wide range of possibilities

Robotic process automation defined

According to Wikipedia:

Robotic process automation (RPA) is an emerging form of clerical process automation technology based on the notion of software robots or artificial intelligence (AI) workers.

While Wikipedia’s description is accurate, it could be more specific. We explain RPA as a generic tool to create specialized agents which can automate clerical tasks. Read more