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As Robotic Process Automation (RPA)/Artificial Intelligence (AI) technology continues to progress both in capability and scope, businesses are expanding their use beyond MainFrame/Legacy/Desktop/Web Applications into the realm of Citrix/Virtualized environments in an effort to offset costs whilst increasing productivity. However, every RPA Developer who has created an automation in a virtualized environment knows the pain [...]
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Robotic process automation (RPA) refers to a wide range of advanced, intelligent tools that are used to fulfill routine tasks. RPA is being used by various industries for scalability and cost savings. One industry in particular that has a lot to gain is customer service. With the ability to provide solutions to common problems that [...]
What if someone told you that in order to survive, your business would have to embrace automation or perish. Would you believe it? At one point, this may have sounded drastic. But the future of business process outsourcing (BPO) is facing its biggest challenge yet: automation. As new technology emerges, the BPO industry will continue [...]
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A primer on How RPA can help in the Insurance industry --- Robotic Process Automation “can free up between 20 and 30 percent of capacity at an enterprise level whilst also minimizing operational risk and improving the customer experience.” Many insurance companies — whether providers of health insurance, car insurance, property insurance, or travel insurance [...]
The global RPA market is expected to reach USD 8.75 billion by 2024, according to a new report by Grand View Research, Inc. RPA is maturing in terms of clarity, credibility and applicability, as organizations are increasingly implementing these solutions. RPA is emerging as a disrupting technology with capabilities of providing benefits such as enhanced accuracy, [...]
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A large global bank sees an increase in efficiency and effectiveness in back and mid office operations by deploying RPA. “The technology is real. You don’t have to spend too much time on experimentation,” Dean Mazboudi advises. “Find a valuable use case and pursue it.” RPA proving its transformational value at Deutsche Bank Dean Mazboudi [...]
A law firm that is already a pioneer of using business process improvement is implementing software robots to make their work more efficient. For example, a process within the firm’s client onboarding system was reduced to four minutes from 35. Software robots “learn” the tasks that humans perform through a user interface designed to allow [...]
Automation is impacting Accounting Firms and allowing professionals to move from mundane spreadsheet shuffling tasks to meaningful value added interactions with their customers. Robotic Process Automation can significantly reduce time, and increase efficiencies for accounting professionals by automating manual mundane tasks such as picking samples, payment to invoice matching, calculating materiality, security pricing, cash validation [...]
For many years, enterprise innovation meant moving certain jobs offshore to produce work faster and at a lower cost.Today, offshoring is no longer businesses’ best option; with the emergence of enterprise automation technologies, organisations are increasingly leaning toward digital tools to operate more efficiently and effectively – and ultimately beat out the competition.But rather than taking [...]
This infographic published by DigitalWorkforce compares RPA against traditional IT Systems integration. "Often RPA is about moving information between two or more separate pieces of software. Order comes in system A, a product needs to be shipped via system B. A patient signs in to a hospital through system M, a doctor needs to see [...]
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In a recent interview published by McKinsey, RPA is identified as having a "profound effect" on business. The interview cites ROI figures of 30 to 200% - and that is just in the first year. According to the publication, ROI is not the only benefit to RPA implementations. Organizations, especially within banking and insurance sector, [...]
"The use of Robotic Process Automation, using concepts such as software bots, is emerging, but its use can't succeed in isolation. The CIO needs to get involved to implement an enterprise strategy." How Can The CIO Drive RPA As A Strategic Imperative? The use of Robotic Process Automation, using concepts such as software bots, [...]
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