Robotic Process Automation enables enterprises to create true virtual workforces that drive business agility and efficiency. A virtual workforce, comprised of software robots that can execute business tasks on enterprise applications, becomes an integral part of an enterprise’s greater workforce. It is managed just as any other team in the organization and can interact with people just as other employees would interact with one another. Virtual workers (robots) complete business processes, just as a person would, but in less time, with greater accuracy and at a fraction of the cost. RPA stands out for its ability to impact business outcomes, resulting in significant ROI.
According to the Institute for Robotic Process Automation (IRPA), almost any organization that has many different, complicated systems that need to mesh together is a good candidate for RPA. In fact, across nearly every industry –finance, insurance, healthcare, legal, manufacturing, banking and utilities, and others –RPA is being used to create virtual workforces to automate burdensome, high volume, and time-consuming business processes.
With the need to execute thousands of complex, rules-based, time consuming business processes daily, organizations are challenged to increase processing efficiency and productivity, reduce errors and cut operational costs.
You could develop back-end programs to execute these processes or have people spend their valuable time performing mundane tasks and risk errors in the process. Or, you can let Robotic Process Automation (RPA) automate these tasks for you.
Intelligent Robotic Process Automation (RPA) lets you automate any business process that is definable, repeatable, and rules-based by assigning a (software) robot to manage the execution of that process, just as if a person was completing the task themselves. Once deployed, Leo Robots work 24/7 with amazing accuracy at a fraction of your current costs.
Increase Productivity –Execute unlimited processes with a single Robot –Execute high volumes of back-office process during peak periods. Robots work 24/7, non-stop to execute more tasks in less time.
Improve Accuracy –Eliminate human error & Offload tedious, error prone processes such as procure-to-pay, quote-to-cash, claims processing, and more.
Reduce Operation Costs –Maximize resources & reduce valuable time spent by people on mundane, repetitive tasks and decrease (in-house or outsourced) workforce costs.
3 Ways To Get The Job Done
Intelligent Robotic Process Automation can fully automate business processes end-to-end. However, sometimes a process requires human intervention –at decision points, where variable data needs to be selected and input.
Not a problem! With Intelligent Robotic Process Automation, you can choose to what extent you want to automate the business process and whether human interaction is required or not.
Unattended Automation –Robotic Process Automation (RPA) allows organizations to automate high volume, repetitive, and time-consuming business processes quickly and easily. Leo Robots work 24/7 with amazing accuracy at a fraction of your current costs for immediate productivity gains and significant ROI results.
Attended Automation –Your human workforce can use Leo to expedite their business processes, reduce errors and improve efficiency. End-users can use Attended Robots to guide them through their business process (like a GPS) or choose to automate ‘swivel chair’ activities so they can engage with customers or simply focus on the task at hand, while automates form completion, transfers data from one system to another and more.
Hybrid Automation –we recognize that providing a true solution for business process automation requires a team effort between humans and robots. Our hybrid approach not only combines the features of both attended and unattended automation into a single solution, but it also allows humans and robots to interact throughout , executing the process end-to-end.
Take a good look at virtually any major industry worldwide and you’ll notice an emphasis on digital transformation. Organizations that embrace new ways of working using new technology are getting more work done at a lower cost than traditional operating models -increasing successful business outcomes and gaining a competitive edge in the marketplace.
RPA is a disruptive technology that is fast becoming a primary driver of market differentiation, business growth and profitability when it comes to digital workforce transformation. To make an informed decision, organizations need to evaluate and have a true understanding of the technology offering and the size of the digital prize.