Robotic process automation

Jan 28, 2018Download as PPTX, PDF2 likes1,469 views

RPA, or robotic process automation, uses software "robots" to automate repetitive tasks. It can increase productivity by allowing bots to work continuously without breaks. RPA also improves accuracy by eliminating human errors and increasing production. Examples of how RPA can be used include automating social media status updates, consolidating data from multiple reports into a single application, and entering loan data into systems in the financial services industry.

✓What is RPA ?
✓How it can increase PRODUCTIVITY, ACCURACY?
✓How we can use it ?
Agenda

What is RPA ?
• Robotic process automation (or RPA) is an emerging
form of clerical process automation technology based on
the notion of software robots or artificial intelligence (AI)
workers (wikipedia).
• RPA or BOT is just a robot that replicate us, that records
what we do.
• It is a sequence of commands that are executed by Bots
under some documented set of Business rules.
• It is code free, Non-disruptive and error free.

How it can increase PRODUCTIVITY, ACCURACY ?
• Bots can work 24x7x365 continuously without rest , they
are scheduled to work in the most efficient manner.
Robots do not have breaks, or go on vacation, or
absences, or delays, etc.
• It also improves overall operational efficiency by
reducing the current resolution time of any type of
incident or operation. RPA offers a model of service
delivery by increasing production and accuracy.

ACCURACY
• Robotic process automation allows you to eliminate the
human margin of error, which in the case of repetitive
tasks is set between 5% and 10%.
• Bots have the capacity for unlimited attention, have no
distractions, and do not make mistakes in their
calculations. When a robot finds a transaction that does
not adjust to its rules or parameters, this operation is
intended to be processed by a human

How we can use it ?
Let's take a simple example of status update on facebook.
If you like to update status frequently but at same time you
find it waste of time then we can use RPA.
Just record it once all Bot will update your status. User just
have to save the status in a file and scheduled task run time
task will run in steps like human do.

Where we can use in FS ?
There are multiple manual work that user do like entering data from excel or
data sheet to application.
What if it is done by Bots ?
User will get more free time to be more creating and can interact to improve
customer relations.
For example-
User have make loan entry every end of day and data is coming from
different applications or in multiple reports.
It will be time taking to consolidate them and then enter it in application.
But this work will be easily take by Bots or RPA robots it will be less time
taken and will be effective in terms of cost and ACCURACY

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Robotic process automation

1. Intro to RPA

2. ✓What is RPA ? ✓How it can increase PRODUCTIVITY, ACCURACY? ✓How we can use it ? Agenda

3. What is RPA ? • Robotic process automation (or RPA) is an emerging form of clerical process automation technology based on the notion of software robots or artificial intelligence (AI) workers (wikipedia). • RPA or BOT is just a robot that replicate us, that records what we do. • It is a sequence of commands that are executed by Bots under some documented set of Business rules. • It is code free, Non-disruptive and error free.

4. How it can increase PRODUCTIVITY, ACCURACY ? • Bots can work 24x7x365 continuously without rest , they are scheduled to work in the most efficient manner. Robots do not have breaks, or go on vacation, or absences, or delays, etc. • It also improves overall operational efficiency by reducing the current resolution time of any type of incident or operation. RPA offers a model of service delivery by increasing production and accuracy.

5. ACCURACY • Robotic process automation allows you to eliminate the human margin of error, which in the case of repetitive tasks is set between 5% and 10%. • Bots have the capacity for unlimited attention, have no distractions, and do not make mistakes in their calculations. When a robot finds a transaction that does not adjust to its rules or parameters, this operation is intended to be processed by a human

6. How we can use it ? Let's take a simple example of status update on facebook. If you like to update status frequently but at same time you find it waste of time then we can use RPA. Just record it once all Bot will update your status. User just have to save the status in a file and scheduled task run time task will run in steps like human do.

7. Where we can use in FS ? There are multiple manual work that user do like entering data from excel or data sheet to application. What if it is done by Bots ? User will get more free time to be more creating and can interact to improve customer relations. For example- User have make loan entry every end of day and data is coming from different applications or in multiple reports. It will be time taking to consolidate them and then enter it in application. But this work will be easily take by Bots or RPA robots it will be less time taken and will be effective in terms of cost and ACCURACY

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