What is Robotic Process Automation (RPA)?
Robotic Process Automation (RPA, Robotics) is a revolutionary technology that enables organizations to significantly increase operational productivity by replacing humans with robots with an aim to redeploy freed up human capital to focus on more complex, added value functions. In other words, if to speak technically it's technology that enables organizations to configure software (software robots) to perform rules-based operations on the user interface level in the same way as human does by capturing, re-keying, processing, triggering different type of data without changing the existing IT landscape.
Which processes / tasks are best set for Robotic Process Automation (RPA)? Software Robots focus on tasks that are repetitive and require little human judgment: manual desktop tasks that are highly structured, rules-based, schedule- or event-driven (e.g. filling forms, data reconciliation, accessing and gathering data from multiple system and data consolidation, updating the same data in multiple systems, data re-keying, processing invoices / orders using OCR, complex calculations, highly manual error-prone tasks etc.). RPA can hand these processes / tasks off to a Software Robots that would perform these operations faster, more accurate and more efficiently.
What are the key benefits of Robotic Process Automation (RPA)? Robotic Process Automation is aimed at accelerating operational productivity by removing opportunities for errors, improving quality of work and reducing significantly operational cost. There are the following key benefits of RPA:
- greater speed and accuracy, software robots work faster than human and produce “Zero” errors
- software robots available 24 /7 to perform required operations (no-stop processing)
- software robots enabling business to free up human capital leading to 50 – 70 % of operational cost reduction with direct positive impact on P&L (quick benefits turn-around)
- software robots operate across legacy applications and do not change existing IT landscape
- software robots are diligent and provide full audit trail, full control over operational productivity
How does Robotic Process Automation (RPA) work? RPA sits alongside existing infrastructure; it does not change existing IT Landscape for transactions processing, data manipulation, response triggering or performing other rules-based operations. It orchestrates existing legacy applications to execute set operations more efficiently. RPA compliments existing technologies, enhancing their efficiency and effectiveness.
Willing to know more about Robotic Process Automation (RPA), please feel free to contact our Hong Kong or Ukrainian Office !
ABOUT DMS Solutions:
DMS Solutions is a Robotic Process Automation (RPA) Provider delivering complete and end-to-end RPA solutions. We bring together intelligent RPA platforms and RPA enablement services to drive greater efficiency and accelerate the transformation. DMS Solutions operates across industries on European, North America and Asia markets and has offices in Hong Kong and Ukraine.
Watch our video on how Software robot perform back-office functions!