10 TIPS FORSUCCESSFUL RPAIMPLEMENTATION

Introduction

Boosting productivity through automation is one of the hot topics in theindustries today. Automation is going everywhere as it drives down costs andenables better control and compliance for the businesses. An organization cansignificantly enhance the business response time, efficiency, accuracy, andreduce employee hours spend on regular repetitive tasks. It can helpdifferently sized workforce.

Benefits of RPA

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Increases speed to marketas the software robotsexecute tasksinstantaneously

Eliminates the risks ofhuman errors

Improves productivity asRPA software operate24/7 with minimaldowntime

Flexibility to scale up anddown the roboticoperations depending onbusiness requirements

Improve customersatisfaction

Automated responses andtriggers

Empower the Workforce Secure Enterprise Data

Myths in RPA

RPA WILL KILL JOBS AND REPLACE HUMANSRPA IS EXPENSIVERPA CAN AUTOMATE EVERYTHINGRPA WILL NOT WORK IN MY INDUSTRYRPA IS NOT WORTH THE COST INVESTMENTRPA SOFTWARE DOES NOT REQUIRE HUMAN SUPERVISION

RPA Application Areas

1) Data Migration and Form Processing2) Customer Onboarding3) Data Extraction4) Data Reconciliation5) Payroll Automation6) Claim Processing7) Expense Management8) Data Validation

Tips for Sucessful RPA Implementation 

1. Understand the operation before planning for any process automation

Half knowledge is dangerous and so do in the implementation of RPA as well. Though RPA is on rolland one-third of the world’s enterprises are making serious plans to invest in RPA, but still, thesubject clarity is lacking.

2. Documentation is needed for the existing process

If you are not documenting the existing process, start a documentation culture with standard andrepetitive processes. Focus on daily tasks that are repetitive and register business outcomes whichcan positively affect the business.

3. Guide your team to adopt automation

Talk to your team and introduce automation to them. Let your talented people know thatadopting RPA should focus on efficiency gain. The company needs to focus on the business outcomeand support end-to-end metrics to track and communicate progress.

4. Focus on specific goals

The goal of any automation project must be clear. As RPA is fairly a new concept to be implemented,remember you have to be a little open-minded. Though the RPA vendors might have bold claims, itwill be easier if you set and manage specific goals and thoroughly check the need of RPA onto yourbusiness.

5. Need skilled RPA people

RPA tool vendors continue to include process definition and automation capabilities tomanage, monitor and support tools. These tools are utilized by specialists to simplify day-to-daytasks within their expert field. Tools are developed to enhance speed and agility. It also helps infocusing on the development, testing to production. For all these, your team must have sometechnically sound person to ensure that the solution gets the resources it requires.

6. Gradually automate and prioritize

Start automation by making a list of what RPA solution you need, just check its potential and impacton your business. Arrange by how much effort and risk is involved. Automation takes time andresources both of which will offer the desired Return on Investment (ROI) if you plan it right.

7. Think for long-term utilization

As RPA is now linked with Machine Learning, it is seen most of the companies are using ML on thedata that the bots generating. And then use the chatbot which enables the users to get the data moreeasily. The RPA solution must be used efficiently for a long time and slowly one should use ML or AIfor further development in the future and not in the first stage. So, the tool has to be flexible enoughto adopt future changes in your application.

8. Check for ready-made solution

No doubt, developing an entirely new solution is a little time consuming and need good resources.So, in case you are in hurry and not sure whether to go for it, research well. Many tools come withready adaptors which you can directly implement for the automation process. It is good to researchwell on the available solution.

9. Check manually before switching to automation

You must have an experience of doing things manually and then change to automation because youhave a better domain understanding. When you are ready to develop a new product, be alert aboutthe number of tasks you select to automate, as sometime you might have to return back to the startfor examining.

10. Calculate ROI

When you implement any kind of automation, it’s crucial to analyze automation’s success. When ITand finance placed on the key criteria like ROI and document monitoring, you will be able toaccess the success of your automation and the real value to the business. Do rememberto prioritize automating the processes that will save time and have better ROI.