Robotic Process Automation (RPA) – The future is now!

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RPI scores above manually performed tasks as it takes inputs from the GUI layer, which assures quick and simple implementation whereas manually performed tasks pull in inputs from multiple systems like latest apps or mainframe legacy applications. Digital Workers (DW), taken as a Bot or set of Bots are capable of performing 6 man-hours work each day. These Bots have taken over the manual work performing error free repetitive tasks. Unlike in manual functioning, digital workers do not get tired, nor are they affected by mood fluctuations. 

The ongoing trend that is marked in analytics is towards real-time analysis when compared to periodic analysis usually executed in business concerns, which can be weekly, monthly or annually. When real time analysis is implemented in business functions, it not only changes the entire perspective but also accelerates faster decision making. Business enterprises dealing with high volume of transactions and equally voluminous manual effort in tasks should shift to RPA adoption at the earliest.

When it comes to RPA implementation, cost of human time and effort holds greater importance when compared to technological cost. It is advised to commence with a Proof of Concept (POC) in the specified area followed by the development of 50 Bots tagged with the project duration of maximum three months. After the POC success, a Centre of Excellence can be created by the organization, which would help various functioning in implementing RPA. The following six to nine months would witness deployment of about 300 Bots by the COE, which would be expanded eventually across the organization and at the end of a year or two almost 1000 Bots would be in the function.