Embrace Robotic Process Automation Solutions

Enterprises tend to focus on BPA (Business Process Automation) to provide a seamless customer experience. Automation technologies lend a helping hand in achieving this objective. RPA (Robotic Process Automation) is such a revolutionary technology that modern enterprises can utilize as a power to automate various business operations.

RPA is ceaselessly contributing to business growth and proving itself as a revolutionary technology in this digital realm. A large proportion of businesses already started embracing RPA to automate repetitive and rule-based tasks to divert the focus of their employees on fundamental activities. According to the conducted survey, in 2020, 53% of businesses had already begun their RPA journey. Whereas, this is going to reach up to 72% in the next five years.

Robotic Process Automation solutions have the capabilities to serve businesses with enhanced productivity and efficiency to meet the growing market demands.?

The role of RPA in digital transformation is vital only if incorporated with the process and other right technologies such as AI. Developed solutions permit enterprises to control end-to-end business processes.?

RPA (Robotic Process Automation) is capable of offering a wide range of business values over and above process enhancement. In this blog, we have discussed some major values RPA provides companies and how they can utilize all of these values as a competitive advantage.

Benefits of RPA implementation in Business Processes

The adoption of RPA has considerable advantages. Robotic capacity accounted for 20% of full-time equivalent (FTE) capacity on average, with a higher ROI can be reported to take less than a year. RPA continues to meet and exceed objectives in several areas including cost reduction (59%), increased compliance (92%), improved quality/accuracy (90%), and enhanced productivity (86%).

Below are the significant ways your business can benefit from automating business processes intelligently by implementing RPA bots or robotic process automation solutions.

• Increase Productivity

Productivity improvement is the key to enhancing the overall performance of the organization. Implementing manual approaches such as Pomodoro Technique for time management become an outdated version of enhancing productivity. Technology like Robotic Process Automation, on the other hand, automates the time-consuming repetitive tasks for boosting productivity.?

Most RPA solutions are designed to perform specific routine and rule-based tasks. For example, a group of employees works to generate authentic reports for making better future decisions which take more than days to execute. But, through RPA solutions, businesses are able to generate the same reports in a few seconds which ultimately enhances the productivity of the business. As now employees are able to focus more on other crucial activities rather than wasting time on repetitious ones.

• Increase Efficiency

RPA is not about industrial automation. It is generally used to automate mundane, time-consuming, and repetitive tasks with the aim to enhance the efficiency and reliability of work outcomes. Businesses who are looking to increase efficiency surely invest in RPA technology. RPA encompasses a variety of solutions and tools that streamline the fix routine and problematic tasks. Moreover, it allows? employees to contribute more toward valuable tasks. Compared to manual performing activities, automation reduces human errors and streamlines operations that help organizations boost efficiency.

• High Accuracy Rate

Operating a business is never an easy task. Too much human involvement can lead to some kind of mistake or blunder, both consciously and inadvertently. The smallest mistake can be a result of unplanned costs.? But the good news is Robotic Process Automation solutions are there. By implementing RPA in various operations, businesses can minimize human involvement in the entire process. Consequently, no more major human errors. According to a conducted survey, 85 percent of respondents stated that RPA helped them to achieve benefits like increasing accuracy rate.

• Improve Customer Experience

Customer experience emerges as a fresh area of industry attention. Every organization strives to offer a superior customer experience. With its cutting-edge solution, RPA is a leading technology that changes the game not just for clients but also for offering high-quality experiences to customers. Through the benefits of AI and RPA combination businesses are able to deliver the value of speed without compromising efficiency and quality. By allowing consumers to easily go back and forth between different touchpoints while keeping the context of their interactions entirely intact, truly channel-less interactions enabled by RPA and digital automated processes go one step further.

RPA Implementation and Challenges

Automation brought by Robotic Process Automation (RPA) is an ideal solution for business that includes repetitive, rule-based, and high-volume tasks. But when embarking on the RPA journey there are several challenges that come in the way to achieving automation.

Following are the few challenges:

• RPA achieves short term results: Seamless implementation benefits and effective user experience are key aspects of RPA. This enables organizations to leverage the power of RPA to resolve short-term issues and bring out benefits. But when we think about long-term results it requires some extra effort such as frequent workflow review.
• Shortage of skilled resources: RPA is booming in the modern market, but on another hand, there is a shortage of skilled resources in RPA. Attaining resources for new projects and providing time to skill up them poses a great threat to the success of any project. Whereas, hiring experienced professionals may not be affordable for some companies.
• Improper team structure: Dedicated team is all about each member having clarity regarding their role and responsibilities to accomplish projects on time and under a defined budget. Lack of knowledge concerning the workflow and pattern to be followed and providing multiple projects to the same resource can be a risk factor in achieving the milestone of RPA projects.

But there is still a chance to avoid these challenges by patterning with the right RPA service provider like Solution Analysts. At Solution Analysts, we have a wide group of professionals that hold great knowledge and expertise in RPA. And the experience we gathered from the multiple projects helps to rethink and refine the approach to overcome robotic process automation challenges.

Concluding Lines

Every business should be aware of where RPA is applicable and how it offers value to your business. Organizations are adopting Robotic Process Automation solutions to improve productivity and deliver value to their customers and clients. The right RPA service provider company can help you embrace the benefits offered by RPA along with maintaining business data security.

Robotic Process Automation Services provider, Solution Analysts is globally helping organizations to streamline rule-based processes by delivering highly valued RPA solutions and tools. Our in-house RPA experts have in-depth knowledge of market trends and customer expectations.?

Get in touch with us to learn more about the benefits offered by RPA. Also, know how our RPA-based advanced solution can help you to serve competitive advantages.