Executive

Executive Cheat Sheet: Robotic Process Automation

The problem

Your manual processes take too long. You have multiple sources of data, over-engineered processes and systems that don’t talk to each other. Process fatigue leads to poor data quality and long execution times.

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Every part of your business is impacted by inefficient manual processes

Traditional responses to the problem

  1. Business Process re-engineering

  2. Build workflows and automate the old way

  3. Throw more people at the problem to reduce your workload


The RPA solution

RPA provides automation for time consuming and repetitive manual activities. It can touch many disconnected systems and applications and can offer a high degree of accuracy and predictability.

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Welcome your new robot overlords

Commonly available RPA platforms enable the business user to automate processes easily using drag and drop interfaces. This focus on the user relies on its light touch, easy integration and user friendly interfaces.

Unlike traditional automation, RPA can be implemented quickly to offer quick wins. It also excels in the long term, when new platforms and processes are designed and implemented with an automation friendly approach.

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Common use cases:

  • Scan and digitize paper invoices and use OCR to scrape and move data into an ERP system.

  • Automate rules based billing and exceptions for industrial customers.

  • Automate procurement processes to ensure you have the parts you need when you need them.

Why companies choose RPA

According to a recent HfS study, the top reasons a business chooses to implement RPA include:

  1. Driving more predictability and higher process quality
  2. Speeding up the time it takes to complete the processes
  3. Freeing up staff to move to different projects
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