What is Robotic Process Automation?
Businesses today exist in an era of globalization, hyper-competitiveness and ever accelerating business cycles. To succeed, companies must become more agile, reduce operational complexity and innovate at a faster pace – all at the same time and at lower costs. While companies have computerized earlier manual processes, there are still many millions of hours spent manually entering and processing all the data manufacturers generate.
Robotic Process Automation (RPA) allows efficiency in terms of accuracy and faster cycle times, thereby increasing productivity in transactions processing. It also elevates the nature of work by disengaging people from performing repetitive and error-prone tasks, therefore providing opportunities for process people to be re- tooled and used to perform other important business functions instead