What RPA can do for Your Business

Transferring data 

Transferring data from one program or website into another

Example

Entering data from AP invoices into an ERP package or scraping data from a website into a database or vice versa.

Extracting data 

Extracting data from hard copy or software package to perform calculations

Examples

extracting payroll details from handwritten time-sheets to calculate pay.

Processing forms

Example

Processing new account applications, ACC forms or insurance claims

Reconciliations

Example

Statement reconciliations., rent payment reconciliations.

Data cleansing

Example

Incorrect or missing data in CRM databases can be identified and corrected automatically to save laborious manual intervention 

Why Use RPA?

In essence, any business process that is usually repetitive and time-consuming can be delegated to a software robot through RPA technology. The tasks that are most suitable for replacement by software robots are those that are:

 

  • Repetitive, have a pre-defined trigger and have sufficient volume

  • Rules based

  • Have defined inputs and outputs.

 

The Benefits of RPA

Cost savings - the automation usually leads to massive savings in labour resulting in higher productivity and reduced operating costs.*

Accuracy - a software robot can usually achieve much higher accuracy than humans resulting in higher quality and better customer satisfaction

Consistency - a software robot can work continuously without fatigue, rest or complaint which means that deadlines are more likely to be met

Speed - a software robot works at many times the speed of humans

Job enrichment - the technology allows employees to offload monotonous work to robots so that they can attend to higher value tasks

Improved compliance - all RPA steps are recorded and auditable.

 

* As an example, an analysis of six NZ pharmacies shows that they can reduce up to 80% of the manual labour in prescription entry at the cost of only 40-50% of that labour.  A pharmacy paying say $200,000 in annual labour for script punching therefore can save up to $100,000 pa.

Who will benefit from RPA?

  • RPA can be used across all industries, from financial services, health, retail, education, energy, utilities, telecoms and manufacturing. It is flexible and scalable. 

  • RPA is beneficial to any industry or business running processes that are usually repetitive, time-consuming and rules-based.

Who are the Major Players for RPA?

  • The three largest vendors of RPA software in the world are UiPath, Blue Prism and Automation Anywhere.

 

  • HTG has chosen to partner with UiPath because it is arguably the fastest-growing enterprise software company in history with its recent success driven by its community of 250,000 users.

Process

identification

Capture process steps & Costs/benefits analysis

Develop proof of concept

Implementation

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