Robotic Process Automation (RPA)
According to a recent report by AIIM Research, organizations must automate wherever and whenever they can, particularly during today's global challenges of increasing information chaos and escalating customer demands for service. Check out 10 things you need to know about process automation and RPA to learn how cost and efficiency are only part of the story when it comes to understanding where and how organizations prioritize automation.
Gartner has released their 2020 Magic Quadrant for Robotic Process Automation (RPA) Report and we’re proud to say—there’s a new Challenger on the block. Gartner moved Kofax RPA from “Niche” in the 2019 RPA Magic Quadrant report to “Challenger” in 2020, acknowledging that our unique and innovative approach, which reframes RPA as one element of a broader intelligent automation platform, has gathered market momentum.
Organizations with document-centric robotic processes can leverage cognitive document automation (CDA) to significantly reduce labor costs, boost productivity and efficiency, accelerate business processes, and better engage and empower customers. CDA extends the capability of RPA to allow organizations to automate more processing, thereby reducing operating costs and increasing productivity of existing staff.
Organizations across every industry are realizing they can leverage automation to “win big” and achieve digital transformation. Yet it’s essential that processes executed by automation are performed with a level of consistency and reliability that meets audit, operational and customer service standards.
Introducing Kofax RPA 11: Discover an Intelligent Automation Platform for Your Digital Transformation
We foresee an evolution in the market, where RPA will be complemented by five or more technologies to enable business process transformation. The latest release of the Kofax Intelligent Automation Platform offers process optimization, digital workforce management and developer capabilities. We bring these capabilities under one platform to augment RPA with process discovery, advanced OCR, analytics, AI, machine learning and user experience.
Don’t Let 60% of Your Automation Ambitions Go Off the Rails—Stay on Track with Intelligent Automation
Unstructured data isn’t going away. For organizations struggling to achieve more mature levels of automation and eliminate bottlenecks and slowdowns, a key consideration should be implementing a solution that integrates RPA with artificial intelligence. This way, organizations can advance automaton initiatives from repetitive transactional use cases to more complex knowledge-based business processes – enhancing customer experiences and operational excellence.