According to a recent AIIM Emerging Technologies report, the buzz around robotic process automation (RPA) shows no signs of slowing. With the many benefits a digital workforce can provide to almost any organization – improved compliance, faster turnaround times for customers, better data quality and ROI within a year on average – it’s not difficult to see why.
The Robotic Process Automation (RPA) hype is drawing a lot of attention. One of the first questions I’m asked by those investigating RPA is, “what can I do to improve my chances of success?” While success looks different for each customer, thematically, customers seek improved productivity, strengthened compliance, increased workforce morale, enhanced data quality and reduced transaction costs.
All of our individual products – from capture to RPA – deliver fundamental value. However, as an integrated, unified platform, our combined solutions deliver exponential value: Intelligent Automation. Harnessing the power of the Kofax Intelligent Automation platform, our customers are uniquely enabled to work and benefit like tomorrow – in essence, to work today like the digitally transformed organization of the future. With our Intelligent Automation platform, Kofax is in a position to deliver today what most of our competitors can only promise tomorrow.
For the past several years our RPA product has been known as Kapow. Though a fun name to say, it doesn’t harken to the what this product can provide to the customer. Additionally, Kofax is making the industry aware that we are an automation company. A strong brand campaign that kicked off this week is driving awareness that Kofax and its technologies Robotic Process Automation (RPA), Cognitive Capture, Process Orchestration, Advanced Analytics, Mobility and Engagement) empowers organizations to embrace automation to work like tomorrow.
Did you know 50-90% of financial processes can be automated by capture and workflow automation software? If you are still searching, transferring, copying, pasting, sorting and filing information, chances are you are mired in paper and manual processes.
As the market for RPA solutions continues to grow and evolve at a hyperbolic rate, several themes emerge. We’ve included 5 simple ones here, of relevance to all customers whether initially embarking upon the enterprise automation journey, or scaling an existing RPA solution.