Robotic Process Automation (RPA) technology, although a relatively new technology, has managed to gain a lot of attention in the corporate world over the past couple of years. Business owners and CTOs alike are beginning to take notice.
RPA technology allows a software robot to mimic human behavior. It can navigate enterprise software like ERP systems, FSM software, or service management tools using the application’s user interfaces just like a human would. However, a robot is able to work much faster, and more efficiently without ever slowing down. So, what are its limits with AI, Machine Learning, RPA and how do we leverage these smart machines?
We at AiTrickz implement automation through agile mode implementation. The complete process is divided into a group of sprints. Each sprint or schedule is performed to understanrt your business through business analysis, bot design, bot development, unit testing and UAT in a time of 8-10 weeks.
Bot maintenance is primarily geared towards scheduling and monitoring the bots to ensure that bots continue to execute as scheduled. The focus of the maintenance team is to proactively identify any adverse scenarios and provide a quick fix to any issues that come up.
Robotic Process Automation (RPA) has become a major distinguisher for leading businesses & organizations who are looking to retain, acquire, and grow customers and increase profitably.
HR processes requires lots of processes which are performed manually such as form filling, gathering information, uploading the data & more. Hence RPA can play a vital role in this process. It can help the HR with automating following tasks:
Financial accounting process involves a lot of automated process. The tax rules, processes, deductions, tax filing once fed to the bot can be automated easily using RPA. Some of the prcess that can be automated are as following:
Choose the right project team, both internal and external – Per the Shared Services and Outsourcing Network (SSON), RPA Summit 2016 survey, “64% of respondents stated that they felt people were central to RPA implementation.” While it is crucial to pick the right technology and implementation partners, it is equally important to be deliberate in your selection of the project team and stakeholders.
Execute detailed work plans to ensure no work is dropped – In order to ensure success across the board, new work streams should start at the same time. Pay special attention to transition steps and cutover plans and prepare readiness assessments. Each of these factors will improve your management of the changeover by reducing risk of process cycle time increases before implementation is complete.
Strong, sustained leadership and sponsorship – From our diverse experience leading technology assessment/implementation projects, we have learned the tremendous importance of sustained leadership support. Leadership buy-in cannot be overstated, and sharing an aligned vision greatly improves project performance and transition efficiency.
Early connection with IT, controls, and procurement – Since RPA is a relatively new technology, we have learned that it is extremely important to educate IT on the pros/cons and risks of RPA. Establishing relationships with IT, controls, and procurement early will help overcome the obstacles inherent in implementing a pilot program for this evolving technology.