Robotic Process Automation (RPA) -Part 1

RPA Developer Training - By Elisrun Technologies Private Limited - Robotic Process Automation is the technology that allows anyone today to configure computer software, or a “robot” to emulate and integrate the actions of a human interacting within digital systems to execute a business process. RPA robots utilize the user interface to capture data and manipulate applications just like humans do. They interpret, trigger responses, and communicate with other systems in order to perform on a vast variety of repetitive tasks. Only substantially better: an RPA software robot never sleeps, makes zero mistakes, and costs a lot less than an employee. - RPA enables the development and deployment of software robots or bots to automate rules-based and repetitive mundane tasks performed by people within the workflow and process-related applications and operations. - RPA is used to robotize processes by defining processes and tasks that are best suited for RPA and the strategic approach to effectively design and apply the RPA script, macros, and algorithms to the process. ********************************************************************************************** Why use RPA? - More Accurate Data Entry: RPA data entry is more accurate than manual data entry. Software bots aren’t prone to human error. - No Downtime: Software bots can work all the time – 24-hours a day every single day of the year – at 100% capacity. - Increased Productivity: The fact that RPA can do round-the-clock data entry without pausing to fix errors means it gets more work done than a human doing the same job could. Plus, having the data entered automatically in an easily searched format makes it easier for employees to use the information, which increases their productivity as well. - Fast Implementation: Getting data entry bots up and running goes quickly. Implementing a new RPA software system certainly happens much faster than training a new person. You can have data entry software bots up and running in just days. - Easy to scale: If you ever get too much work for your robotics process automation to handle there’s a simple solution. Just add extra bots. That’s much easier than hiring and training new employees for data entry tasks. RPA creates a system that’s very easy to scale with your growing business. ******************************************************************************************** Applications of RPA - Customer service RPA can help companies offer better customer service by automating contact center tasks, including verifying e-signatures, uploading scanned documents and verifying information for automatic approvals or rejections. - No Downtime Organizations can use RPA for general accounting, operational accounting, transactional reporting and budgeting. - Financial services Companies in the financial services industry can use RPA for foreign exchange payments, automating account openings and closings, managing audit requests and processing insurance claims. - Healthcare Medical organizations can use RPA for handling patient records, claims, customer support, account management, billing, reporting and analytics. - Human resources RPA can automate HR tasks, including onboarding and offboarding, updating employee information and timesheet submission processes. - Supply Chain Management RPA can be used for procurement, automating order processing and payments, monitoring inventory levels and tracking shipments.

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