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Robotic Process Automation

Robotic Process Automation (RPA) involves using software robots to automate repetitive digital tasks. RPA robots emulate human behaviors to interact with software programs and complete tasks like data entry. Common applications of RPA include automating financial transactions, customer service responses, and generating reports. Popular RPA tools include UiPath, Automation Anywhere, and Blue Prism, which are used across industries like banking, healthcare, and manufacturing to streamline business processes.

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43 views

Robotic Process Automation

Robotic Process Automation (RPA) involves using software robots to automate repetitive digital tasks. RPA robots emulate human behaviors to interact with software programs and complete tasks like data entry. Common applications of RPA include automating financial transactions, customer service responses, and generating reports. Popular RPA tools include UiPath, Automation Anywhere, and Blue Prism, which are used across industries like banking, healthcare, and manufacturing to streamline business processes.

Uploaded by

Hari varshan
Copyright
© © All Rights Reserved
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Robotic Process Automation

Robotic Process Automation


• People sometimes refer to Robotic Process
Automation (RPA) as robotic software. It is
essentially a business automation process
technology that involves Artificial Intelligence (
AI).
• The RPA process revolves around software.
The developers create and educate the AI (or
the robots), so their actions will emulate
authentic humans.
What is Robotic Process Automation in a
simple term?
• To put it more simply, the RPA is software with
virtual robots that humans can use to interact
with various other software types and elements
in the digital system infrastructures.
• Humans use the RPA robots to handle repetitive
digital tasks. In particular, the ones that involve
many rules and constraints are the tasks that
become the specializations of RPA robots.
What is RPA (and what is the example)?
• RPA is an easy-to-use software (or tool) that human users can
utilize to shorten significant time to do several digital tasks.
• The RPA robot that aids humans does not only mimic human
behaviors. They also mimic and execute rule-based business
processes.
• Let us take the data entry tasks as an example. Humans usually
have to input the data in individual columns or rows one-by-one.
• The RPA helps in generating auto-fill data.
• So, the humans (users) will see various recommendations every
time they type a specific alphabet or character in the field.
Where do you use Robotic Process
Automation?
• Earlier in this presentation, we know that the business
process is the primary part where the RPA plays its role.
Companies and business owners these days use the RPA.
It is due to the multiple programs they have to access
simultaneously.
• Automating the data correction is one of the benefits of
RPA. Sales orders and invoice processing are the two
areas where the RPA process can shine. Additionally, RPA
also increases data consistency levels across the
company department systems.
RPA in different fields
The following industries are the industries that adopt the RPA process the most compared to
the others:

– Banking, Finance, and Insurance: There are massive amounts of transactional processes in this
industry that RPA can automate, from internal-only documents to deposits, withdrawals, and
payouts.
– Healthcare: The benefits of RPA in healthcare industries include shorter waiting times, more
detailed medical records, and reduced loads of administrative works.
– Manufacturing: The RPA in manufacturing industries does not only facilitate administrative works. It
also works hand-in-hand with the existing software bots to streamline operational processes.
– Transport and Logistics: The order management, the distribution cycles of each order that
customers make, and the supply chain linkages are the three things that become the benefits of RPA
in the transport and logistics industries.
– Utility companies: The three products of utility companies are electricity, gas, and water. There are
always monetary transactions in utility companies since many people need these three products.
The job of RPA involves automating these transactions. In particular, the RPA lets utility company
workers measure the meters accurately.
RPA in different fields
Robotic Process Automation in real estate
industries
• In real estate industries, the RPA plays diverse roles, from onboarding new
tenants to the processes involving real estate investments.
• As for the latter, the RPA robots can assist in managing portfolios,
calculating the net asset values (NAV), and validating the KYC compliance.
• RPA can even help reconcile bank statements with the transaction logs in
the general ledgers. The RPA use cases in real estate industries also
include reminders on the payment dues and an account receivable
automation.
• Entering data for new tenants is one of the estate-related processes
where RPA use cases belong. Here, RPA does not only
automate data entry for the tenant identities. RPA also verifies if the
tenants have clean criminal records and no problem in their income.
Ten most popular Robotic Process
Automation (RPA) tools in 2021
• Here are the ten most popular RPA tools for companies and business owners in 2021:
– Eggplant - The end-to-end automation process is one of Eggplant's specializations that lets it
interact with multiple systems in a device.
– JAMS by HelpSystems - This enterprise IT solution centralizes the scheduling process in a company
across all platforms and applications.
– Power Automate by Microsoft with the MS security technology-protected tool automation
feature.
– UiPath - The open-source RPA tool can automate any desktop or web apps.
– Blue Prism does not require advanced programming skills to generate flowcharts.
– OpenConnect with the secure and encrypted data system that addresses almost all types of
operational and competitive challenges.
– WorkFusion, a SaaS crowd computing platform that lets the users deploy as many RPA robots as
they need to automate software tasks for a group.
– Pega, an RPA tool for medium and large businesses to provide cloud-based solutions.
– Nice System with its virtual assistant to automate mundane employee tasks.
– Kofax integrates well with the Kapow Katalyst platform.
Top 3 Robotic Process Automation tools
comparison
• UiPath, Automation Anywhere, and Blue Prism are three examples of
RPA use cases that belong to the Top 3 category.
• Blue Prism is the most convenient to use since people can access it
through mobile applications. The execution speed is also an impressive
one. It makes companies like IBM and Deloitte trust Blue Prism.
• UiPath is another user-friendly RPA tool that does not require any
programming knowledge. So, it is suitable for critical sectors that need
emergency responses to anything like the healthcare and finance sectors.
• Automation Anywhere has Microsoft technology as the base that
employees worldwide know, understand, and use. It can
deploy robots on large scales, too. Such traits make Automation
Anywhere compatible with various social platforms.
Cases for RPA uses
• Financial transactions are the most frequent areas that require
the RPA process. Such things include processing sales orders,
refunds, payrolls for employees, and invoicing.
• The RPA can even help in comparing prices (ranges) between
similar products or services. Furthermore, the RPA use cases in
financial transactions also include automating the financial
report generation processes.
• The RPA application can also automate customer service
responses. As a result, companies that apply the RPA tools will
shorten their times to generate leads for marketing purposes.
Thank You

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