ROBOTIC PROCESS AUTOMATION (RPA)
RPA, an innovative technology is the latest development in digital transformation that completely changes business vision.
RPA uses robots to automate repetitive and routine tasks previously performed by human. These robots should not be perceived as physical machines, they are the “white-collar“ software bots, configured to know the rules of business and therefore perform tasks automatically. Robots have the ability to generate accurate results and reach error-free outcome without human involvement.
It is considered that RPA saves 50% of time spent by human on routine actions allowing them to focus on more important tasks that require intellectual work, judgement and decision making.
The ever-increasing demand on robotic process automation globally is a logical phenomenon, looking at the benefits it can provide for business:
- Increased productivity
- Complete elimination of errors
- Improved risk management
- Cost reduction
- Cycle time reduction