Top 5 Simplified Facts about Robotic process automation

Top 5 Simplified Facts about Robotic process automation

Top5SimplifiedFactsaboutRoboticprocessautomation

Robotics Process Automation definitions lies more in Process automation than involving actual Robots .RPA is changing software world same as physical robots have changed the world .For example a automatic vending machine does not involve any human to sort the money and bending goods .It is automated being a tedious and repetitive task . RPA is doing same thing in software world .In Robotics Process Automation ,organization installs bots software across their system structure .RPA can also be considered as combination of Artificial Intelligence and Machine Learning .
RPA Software automates continuous and pre-fixed rules based tasks which are totally dependable on digital data . These tasks filling ot forms ,producing reports ,creating and updating records ,transactional tasks ,queries and calculations .

1 . Definition of RPA Simplified Facts

Robotics Process Automation is made up of three words.These are Robots, Processes and Automation.Robotics Process Automation allows organizations to Automate tasks just like human being .RPA allows automation just like human being was doing with application and systems . Robots, automation with artificial intelligence also known as robotics process automation, is a sub division of business process automation (BPA), which is the use of software to automate a company’s processes. RPA uses software bots, also known as robots, to perform certain tasks that are currently being performed by humans.

Robots are everywhere. Robots build cars, manufacture pharmaceuticals, cook our food and deliver our packages. But did you know that robots are also quietly revolutionizing the way we do business? Specifically, the use of robots to automate business processes has the potential to transform the world of business as we know it.Robots can do just about anything humans can do. They can build cars, fight wars, and even perform surgery. But they can also do a lot of things humans can’t do — like process large amounts of data, and make decisions based on that data.

Top 5 Simplified Facts about Robotic process automation

Automation is the process of using machines and computers to perform tasks that would otherwise be performed by people. The automation of processes is the application of automation technology to the process industry.Robotics Process Automation, is the use of software robots to automate menial tasks in the workplace. RPA is a Sub division of advanced artificial intelligence.Robotic Process Automation interacts with existing IT structure easily .Any complex integration is not required in Robotics Process Automation .

2 . Myths and Simplified Facts about Robotic Process Automation

Robots are often portrayed in the media as sentient machines that can think for themselves. However, current uses for robotics in business are far removed from this notion. Instead, robotics in business today are better defined as software robots or RPA, which are used to automate specific business processes.When we hear the word “robotics,” we often think of futuristic machines that can do our bidding. But in the present day, automation is already a part of our lives, and the growing field of robotics process automation (RPA) is one of the most exciting developments yet. Sometimes referred to as software robots, RPA uses technology to automate tasks traditionally performed by humans. This helps businesses to save on labor costs, improve efficiency, and gain insights into their internal processes.

The use of robots in business has exploded over the past decade, and today there are more than a million robots in the world. However, the majority of these robots are in factories and warehouses, rather than offices. In the corporate world, there are far fewer robots, but this is changing quickly.
The world is changing and so is the workplace. The way we did things in the past isn’t the most effective way to get the job done in the modern world. The jobs that were traditionally done by humans can now be accomplished by robots. That’s where robotic process automation (RPA) comes in.
In the past, robotic process automation (RPA) was perceived as a technology used only by large enterprises. But today, thanks to the advancements in technology, RPA has become a tool that is accessible to small businesses too .

3 . Robotics process Automation simplified in organization

RPA can be used to automate infrastructure ,back office process and workflow which are labor intensive .The software bots used can interact with Websites ,User portal or in house application .These RPA are basically a sequence of commands ,executed by software bots which are defined by set of business rules .The ideal goal for Robotics Process Automation is to replace boring ,repetitive task performed by human with a virtual work force .RPA neither requires development of code ,nor does it require the database .

Top5SimplifiedFactsaboutRoboticprocessautomation

With Robotic Process Automation ,companies can deploy virtual workers who can mimic human workers .While doing any change in process ,changing a few lines of software code will always be easier compared to retraining many employees .Some of the major advantages of using Robots over Human by companies are ,

1. Human can work 8 hours a day where as Automated Robots can work up to 24 hours continuously without tiredness .

2. Average Productivity of human is 60 percent with errors where as 100 percent for Robots with No errors .

3. Automated Robots can use multiple tasks compare to human which can perform single task at a time .

General use of RPA Facts  –

Robotics process Automation copy human execution of Repetitive tasks using various applications .In General RPA can simulates the transfer of data from one system to another .It performs task like data entry ,copying and pasting .Robotics Process Automation operates multiple and complex tasks across multiple systems .This will help in smooth transactions ,manipulates data and send reports .RPA updates financial statements automatically to predict revenue forecasting .RPA automates the removal of data to comes up with effective accurate and timely report .

4 . Applications of RPA Simplified :

Robotics process Automation can be used in various field and applications .From maintaining records
of travel and logistics to sorting employees information in HR database ,RPA tools can be installed in many applications . RPA bots can be implemented inside banking and other financial sectors for making tedious transactional task an easy going process . RPA tools can be used in maintaining records of supply chain management and customer service database . We use to receive many automated calls in our smartphones because of RPA tools .Below are the fields where Robotic Process Automation are being installed .

Health care
HR
Insurance
Manufacturing and Retail
Telecom
Travel and Logistics
Banking and Financial Services
Government
Infrastructure

Top5SimplifiedFactsaboutRoboticprocessautomation

Disadvantages of Robotics Process Automation

1.It may cause potential job losses as it involves robotics software or bots which have been traditionally performed by clerical department of any organization .

2.Organization’s staffs need to be well trained and highly skilled so that they can understand RPA tools . Installing RPA tools across organization may includes high investment initially .

5 . Few Important RPA Tools Simplified

  • Blue prism is one of most Popular RPA tool in which not much programming knowledge is required .
  • Automation Anywhere is a developer of Robotics Process Automation software .
  • UiPath is RPA software ,which helps organizations to automate business process efficiently .
  • Linx is a low code platform of RPA tools which can be used for building back ends like Integrations and Automation.
  • Pega is one of Important RPA Software ,that automate repetitive work ,bridge gaps between systems and speed up processes .
  • Kryon RPA tools offers high level of security along with fast and efficient scalability by providing rapid response to change .
Top5SimplifiedFactsaboutRoboticprocessautomation

Leave a Comment