RPA is about automating standardized and repetitive processes.
RPA uses software robots called bots to achieve the objectives.
No need for extensive programming
Seamless integration with other software systems like SAP, Salesforce and windows & web applications
Benefits of RPA:
Cost reduction:Software robots are typically at least one third the price of an offshore FTE.
Efficiency:RPA can operate 24X7 without breaks provided the underlying core applications are available.
Accuracy:Human FTEs make data entry mistakes, whereas robots perform the same task the same way every time provided there is no judgment call required while processing transactions.
Improved audit and regulatory compliance:Robots can provide a detailed audit logs enabling advanced business analytics and improved compliance.
Ease of change management:Robots preserve application and data integrity by leveraging the existing application presentation layer and re-using existing application logic, databases and validation without deep understanding and re-engineering.