Robotic Process Automation (RPA) in Oracle

What is Robotic Process Automation (RPA)?

Robotic Process Automation (RPA) is a technology that uses robots to interact with application user interfaces.

Robots can interact with any application that has a user interface, including web apps, character-oriented terminal applications, and native Windows applications.

It is a computerized approach to automating routine tasks. Machine-learning software can be programmed to move through certain workflows the same way a human would. For instance, a computer can:

1.????Scan a document for important data

2.????Validate the data extracted with known data (vendor master, receipts, etc.)

3.????Import that data into Oracle (eliminating the need for manual data entry)

4.????Use that data to automatically create corresponding business documents

RPA technology doesn’t necessarily require artificial intelligence, but those that incorporate AI can gradually “learn” how you use Oracle, allowing it to make informed decisions on your behalf over time.?It becomes more productive over time, resulting in long-term cost savings and less burdensome work for your employees.

Products in the Robotic Process Automation Software Market

Many companies are there in the market that provides PRA technology to the application users in different sectors like Services, Finance, Manufacturing, Miscellaneous, Communications, Healthcare, Energy and Utilities, Retail, Transportation, Education, Media, Construction, and Government.

We identified some of the leading companies in this sector with a proven track record.

1.????UiPath Platform - by UiPath

2.????Automation 360 - by Automation Anywhere

3.????Blue Prism Intelligent Automation Platform - by Blue Prism

4.????TruBot - by Datamatics

5.????AutomationEdge - by AutomationEdge

6.????Power Automate - by Microsoft

7.????Appian RPA - by Appian

8.????WorkFusion Intelligent Automation Cloud - by WorkFusion

9.????IBM Robotic Process Automation - by IBM

10. Kofax RPA - by Kofax

Robotic Process Automation in Oracle

Oracle Integration provides adapters for leading RPA providers. Using these adapters you can create an integration to the RPA provider and call it within your process through a bot activity.

With help of RPA, It providers you to extend and accelerate your business workflow automation in Oracle Cloud?Infrastructure and Business Applications.

If your business systems are not integrated, you may have to manually copy email content into your system, enter order data in vendor websites, or update your records based on application input. Robotic process automation (RPA) can help you to automate these interactions by emulating user interactions.

Example: RPA will automate your normal AP Invoice Process in a fully automated manner.

Following the Oracle process will be possible to enhance using RPA process which will help to make an efficient and cost-effective business process

How you can engage with your users via multiple channels

Once your process application has been completed and all integration points have been automated, it is important to turn your attention to how your end users, process owners, and administrators interact with these process applications in the most optimal way. To this extent, Oracle Integration Cloud offers a multi-channel set of options to address the wide range of possible interactions. Key Features include:

WorkSpace: Out of the box, end users can process tasks pushed to them based on organizational responsibilities via the WorkSpace Task List. Process Owners can use the WorkSpace Tracking capabilities to track and trace in flight as well as complete process transactions and check in real-time the full audit trail of events and associated information.

Native Mobile Approval application: End users that are on the go, can start new processes as well as manage approvals via the native iOS and Android Process mobile application.

Embeddable User Interface Snippets: Bring the Task List and other end-user interaction capabilities into the context of an Enterprise Application (such as Sales Cloud, ERP, CRM, etc.) to facilitate the worker tasks.

Actionable Emails: The user can process approvals via emails. This can be quite useful for interacting with occasional users.

Rich REST: While Oracle Integration Cloud offers multiple out-of-the-box user interaction alternatives, often times it is necessary to create custom interactions. For these situations, it is possible to use Oracle Integration REST APIs.

Robotic Process Automation Challenges & How to Solve Them

Even though RPA is helping organizations become more efficient and improve their employee's performance, However, as with any technology, there are challenges that need to be overcome. Here we’ll discuss some of the most common RPA challenges and how to solve them.

1. Security

Security is always a concern when it comes to new technology. RPA is no different. It’s important to ensure that your RPA solution is secure, particularly if it’s going to be accessing sensitive data. There are a number of ways to do this, including using data encryption and ensuring that only authorized users have access to the RPA solution.

2. Scalability

Scalability is another common challenge. It’s important to ensure that your RPA solution can scale as your business grows. This can be a challenge, particularly for small businesses. There are a number of ways to overcome this challenge, including using cloud-based solutions and selecting an RPA solution that’s easily configurable.

Organizations may quickly raise or decrease the number of robots accessible when needed by utilizing some of the best RPA Tools. This can help you save money and make better use of the robots’ resources.

3. Integration

Integration is considered one of the top robotic process automation challenges.

Additionally, and just as crucial, the RPA tool is operating at the UI level –instructions might include inputting data into another piece of software, or pulling names from an Excel sheet. If something happens to the UI, for example, if the software is updated or someone adds a new column to Excel, then the RPA script will stop running or return improper data.?

RPA can require a significant amount of integration with existing systems and applications. This can be a challenge, particularly if you don’t have dedicated staff to do this. Most well-known RPA technologies already include a large choice of integrations that can help you get started with your integration process.

4. Monitoring

Monitoring is a critical part of RPA. It’s important to ensure that your RPA solution is monitored so that you can identify and resolve any issues as quickly as possible. To always be in control and have a broad view of what robots are doing, well-known RPA tools have a centralized place to monitor robots’ performance and execution plan.

How RPA Can Transform ERP’s Performance?

As per the research, RPA tools can make?ERP performance 50% more efficient and productive and help leverage more features at a faster pace. Using RPA solutions, the software can bring tremendous simplicity for building bots at high speed and deploying them with the least number of technical skills. Hence, there is a strong push from the big enterprises from all domains to shift from manual work to intelligent RPA working processes as it not only helps in faster automation but also holds a competitive advantage in the faster reaping of benefits.

There will be a huge effect of RPA in the industry in the coming years because the covid-19 pandemic teaches us how the faster adoption of technology can help the organization to transform digitally so dependency on repeated task force becomes less.?

Why Cloudare for RPA?

We’re a trusted provider of ERP solutions, including robotic process automation software. Our tools integrate with E-Business Suite, helping you use each of your applications more efficiently.

We even have the ability to automate business processes based on your company’s business model. Our engineers can build both structured and unstructured processes for you.

And, we’re not just recognized by Oracle for our advanced technologies; we provide your business with an unrivaled level of service and support. There are countless RPA vendors, but we’re one of the only companies that will configure your integration, teach you how to leverage your new technologies, and help you continually improve your business practices year after year.

We as Cloud are Technologies Private Limited served solutions for the Health Care Industries, Manufacturing Industries, Retail Sector, Finance Sector, and IT Staffing industries, where we implemented GST Invoicing Solution, Automation Process, and Custom UI building for Oracle Process.

For any inquiries, feel free to reach out [email protected]