What is RPA?
Robotic process automation is an automation technology based on artificial intelligence that can automate and facilitate processes that are manual, time-intensive, or repetitive. Through the use of robotic applications, or “bots,” software can learn your processes, create workflows that replicate them, and execute those workflows without the interaction of humans.
Benefits of RPA
RPA can provide a lot of benefits, including but not limited to:
- Saving money
- Making processes more efficient and scalable
- Minimizing opportunities for human error
- Making reporting faster, easier, and more accurate
- Allowing resources to focus on meaningful, value-added activities
5 questions to ask
To determine how to successfully use RPA, organizations can ask five key questions to help define the best path forward:
- Is automation part of our organization’s vision and strategic priorities?
- Is our organization already using RPA and bots for certain processes?
- How will we calculate return on investment (ROI), and what variables are important to the business to calculate ROI (for example, reducing human error, saving time and money, and reducing headcount)?
- What is our budget?
- What is our implementation timeline?
Having a foundational understanding of the organization’s current state and future vision is critical for determining which automation path is best.
Which RPA framework is best?
RPA frameworks vary, but the two major frameworks organizations can use to capitalize on their benefits include RPA as a service (RPAaaS) and in-house automation. Each path has its benefits and drawbacks and can be successful at different points of your organization’s automation journey. Understanding the benefits and drawbacks for each helps organizations make strategic decisions.
RPA as a service
With RPAaaS, outsourced resources develop and host the bots, and clients provide the data to be used. Automation occurs in the outsourced environment, and automation output is then provided back to the client. This option is often chosen when there are a small number of bots that perform routine tasks, so it is ideal for organizations that are just beginning the journey into automation.
RPAaaS takes less time to set up, as there is no internal software required, and it is fully managed by an outside provider. These features make it flexible and scalable to the needs of your organization. However, over the long run, RPAaaS is more expensive because of subscription and advisory fees that can add up over time.