Robotic Process Automation (RPA) that was long feared to be the job destroyer, has broken all surrounding myths and turned out to be the source of increasing productivity whilst most people stay employed. Reports and statistics reveal that various verticals like accounting and HR, finance has been positively impacted by the automation and they have not been affected by job cuts, rather the efficiency quotient has been impressively elevated.
According to expert opinions, in almost all the evaluated scenarios, the evident change to be see was increased productivity happening through task automation. The manual work that is being done is to increase their ability so that more customer calls can be answered, more invoices can be processed. This improved productivity ensures increased operational speed and scalability, improved compliance standards as well as cutting out on future costs.
One of the greatest technical truth related to RPA is its inception has not altered the existing IT architecture. There are many companies who are still stuck with old and outdated legacy systems. These companies if adopting RPA then would be offered with efficient solutions, which, would in turn, work for the betterment of the company and erase out the most commonly faced challenges.
Continue Reading
There have been instances where RPA has been used on an increment basis by installation in an individual’s computer. This enables only specific employees to run the processes for triggering the efficiency level and in these cases, RPA can be easily uninstalled depending on the situation.
The advantages of RPA can be justified by stating some of the great advantages that it delivers to its users. If set up correctly, RPA eliminates chances of any errors, which is not possible to achieve by manual functioning. Implementation of RPA can be achieved for relatively very limited and the chances become high if its open source as the need of license cost gets eliminated in these cases.
Being a digital worker, RPA can work round the clock and thus results in an increase in productivity of any human worker triply. With RPA, there has been a major time reduction in investment being done behind staff training and time spent behind the training as well, as the company is only needed to modify the script instead of training the employees. Feedback received from enterprises reveals that RPA is capable of reducing almost 80% of the business cost, as one robot is equal to almost eight human workers. RPA obeys all regulatory compliances in the present business environment.
All said and done, the intention of bringing in RPA into the workforce and schedules never undermines the value of human resources and effort. Robotic systems are best put to use where the work nature is rule-based, processes are non –subjective and repetition can’t be avoided. Human work and effort can’t be replaced in places where work is decision-based involving the likes of moral principles and RPA doesn’t have a role to play in this scenario.
Also, in scenarios involving major alterations for one-time tasks or rule processing, RPA remains ineffective. RPA although has exceptional potential, it is not multifunctional and stands no chance in front of human intellect. The main idea behind using RPA should be to ease human work pressure so that they can be more focused on solving in complex business scenarios.