While Gartner suggests that 96% of RPA customers are reaping real value, for a business, implementing this technology is still a decision that needs a considerable amount of business planning.
So, to help you prepare one for RPA, we’ve brought you 5 practical robotic process automation use cases.
Robotic process automation in financial services has witnessed a boom in the past few years.
The use cases of RPA in the finance sector are way broader and numerous than in any other sector.
Starting from price comparisons, customer queries, market report generation, quarterly/annual report generation, order exception procession, reconciliation of deliveries, to data maintenance and management, there are endless uses of robotic process automation in financial services.
Retail has broken all bounds of progress when it comes to the consumer market, and RPA solutions is making just the right contribution in taking it further ahead.
Yes, the education sector as well is ready to witness a revolution with this new-age technology.
The major focus of RPA may be elimination of inefficiencies and the effort of human resources that gets wasted while executing mundane tasks.
With robotic process automation tools, this long process of registration can be simplified with simple logics and subsequent actions.
Activities like checking the forms for complete information, eligibility criteria, sorting and arranging into complete and ineligible applications, making longlists and shortlist becomes a matter of a few clicks.
While hiring the services of robotic process automation vendors seems like a costly investment to those institutions that are new to it, the truth is that RPA saves huge on time as well as the additional money spent on keeping a big staff.
Apart from that, the results are more accurate.