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    Robotic Process Automation

    April 25, 2019


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    Robotic Process Automation

    RPA is an emerging form of business process automation technology based on the notion of software robots or artificial intelligence

    The main goal of Robotics process automation process to replace repetitive and boring clerical task performed by humans, with a virtual workforce. The RPA is a software program which runs on an end user’s pc, laptop or mobile device. It is a sequence of commands which are executed by Bots under some defined set of business rules.

    RPA empowers enterprises to dramatically reduce operational costs, increase efficiency, improve productivity and accelerate performance.

    • Powerful RPA
    • Intuitive and Scalable
    • Reliable
    • Best-time-to value

    Accelerate performance with less resources

    • Cost Reductions
    • Performance
    • Productivity
    • Efficiency

     

    RPA Implementation Methodology

    Application of RPA

    Healthcare

    • Patient registration

    • Billing

    HR

    • New employee joining formalities

    • Payroll process

    • Hiring shortlisted candidates

    Insurance

    • Claims Processing & Clearance

    • Premium Information

    Manufacturing & Retail

    • Bills of material

    • Calculation of Sales

    Telecom

    • Service Order Management

    • Quality Reporting

    Travel & Logistic

    • Ticket booking

    • Passenger Details

    • Accounting

    Banking and Financial Services

    • Cards activation

    • Frauds claims

    • Discovery

    Government

    • Change of Address

    • License Renewal

    Infrastructure

    • Issues Processing

    • Account setup and communication

    General Use of RPA

    1. Emulates Human Action:

    Emulates human execution of the repetitive process using various application and systems.

    2. Conduct high-volume repeated tasks:

    Robotics process automation can easily simulate rekeying of data from one system to another. It performs tasks like data entry, copying, and pasting.

    3. Perform Multiple Tasks:

    Operates multiple and complex tasks across multiple systems. This helps to process transactions, manipulate data and send reports.

    4. ‘Virtual’ system integration:

    This automation system can transfer data between disparate and legacy systems by connecting them at the user interface level instead of developing new data infrastructure.

    5. Automated report generation:

    Automates the extraction of data to comes up with accurate, effective and timely reports.

    6. Information validation and auditing:

    Resolves and cross-verify data between different systems to validate and check information to provide compliance and auditing outputs.

    7. Technical debt management:

    Helps to reduce technical debt by reducing the gap between systems, preventing the introduction of custom implementations.

    8. Product management:

    It helps to bridge the gap between IT systems and related product management platforms by automated updating of both systems.

    9. Quality Assurance:

    It can be beneficial to QA processes which cover regression testing and automating customer use case scenarios.

    10. Data migration:

    Allows automated data migration through systems which is not possible using traditional mediums, like document, spreadsheets or other source data files.

    11. Gap solutions:

    Robotic automatic fills the gaps with process deficiencies. It includes may simple tasks as password resets, the system resets, etc.

    12. Revenue forecasting:

    Automatically updating financial statements to predict revenue forecasting.