Robotics Process Automation (RPA)
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RPA is about automating standardized and repetitive processes.
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RPA uses software robots called bots to achieve the objectives.
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No need for extensive programming
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Seamless integration with other software systems like SAP, Salesforce and windows & web applications
Application Areas:
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.