Robotic Process Automation (RPA)
Whether you’re in IT, running a department within the business, sitting on your company’s Center of Excellence board, or you’re simply a hard worker with big ideas on automation and continuous improvement, you’ll need a few other people to buy into your big idea: Implementing robotic process automation, an easy-to-install, easy to use technology that works with your existing systems to automate mundane tasks and processes all over your company.
The RPA market will continue to undergo dramatic and rapid maturation in 2019, but RPA companies are finding themselves at a tipping point:. They will either grow into their lofty market valuations or we will start to hear the hissing of a deflating bubble and warning signs of a “‘hype cycle’” crash.
Truly valuable enterprise software does exactly what it promises, working across the business to solve numerous and often completely different challenges.
Agents and advisors increasingly seek mobile document processing, digital client collaboration, and client self-service. Clients now demand greater choice and empowerment, with a digital-first omnichannel experience on their terms. Back- and middle-office operations personnel prioritize core system integration and flexible, automated and accurate compliance. And all of the above place process visibility high on their wish lists.
The goal for finance and accounting teams is to reduce costs and improve efficiency throughout the financial process. And investment in SAP Enterprise Resource Planning (ERP) is critical for managing the key business functions of your organization, but you will still find some productivity gaps in managing and controlling the associated document and request driven processes.
In recent years, the software robot revolution has shown how robotic process automation (RPA) unlocks the value of electronic data previously trapped in internal and external systems to make it easily accessible, manageable and useable. It has also proven to be a valuable digital coworker to human employees in streamlining operations and expediting key business activities that serve customers.