RPA (Robot Process Automation) means using technology to automate business processes.

Watch this for a quick overview of what Robotic Process Automation means and how it can apply to your business.

Check out our blog with a more in-depth guide to Robotic Process Automation today: https://bit.ly/3z0FjuG

Moments in this Video:
00:00 Introduction
00:11 Not robots taking human jobs
00:24 Capturing and interpreting applications
00:36 These bots mimic human behavior
00:46 Benefits of Robotic Process Automation
00:58 Information is readily available
01:09 What to do if your business is facing these challenges

What is Robotic Process Automation (RPA):
RPA is business process automation (BPA) that allows bots to take over several complex processes, such as data handling and customer service, while applying machine learning to give a distinctly human touch to automated processes.

Your “bots” are software programs specifically designed to take on specific and varied tasks such as data entry, data extraction, candidate sourcing, and payroll automation.

History of RPA:
While traditional automation has existed for a while now, RPA has grown significantly in the space of a few short years and is predicted to become a nearly $4 billion market by 2025 at a compound annual growth rate of 31%.

Application of RPA:
Data extraction – large amounts of data can be trawled
Data management – data aggregation and curation
Operational activities – logistics and operational support
Procure-to-pay – invoice processing and reporting
Inventory and supply chain – categorization and management

Types of RPA:
Attended RPA
Unattended RPA
Hybrid RPA

Benefits of RPA:
The reason for this increased implementation by businesses is for a few primary reasons—firstly, these solutions are readily accessible in a way they haven’t been in the past. Secondly, SMBs are recognizing that it’s not just large corporations that are investing in new tech, but their direct, local competitors too.

To wrap things up:
Robotic process automation helps companies achieve and maintain a competitive advantage in their industry. Through leveraging the tools available, which increase staff productivity and decrease costs, companies can enjoy higher operating capacity while delivering superior customer experience.

Learn more about Impact's RPA solution at https://bit.ly/2MMcA4X.

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