Process automation has always been integral to a company’s successful scaling, whereby previously-complex business processes are streamlined and automated to improve workflow efficiency and output.
In recent years, the process automation scene in the business world has largely shifted with new methodologies and technologies being introduced, from traditional practices to what we now know as robotic process automation (RPA).
But what is RPA exactly? Well, to put it simply, RPA is the use of Business Process Management (BPM) tools and software to build, deploy, and manage AI systems that run on centralized host devices. With this, once-necessary human actions can now be emulated through digital systems and software.
In other words, the entire meaning behind RPA is simply to leverage AI to better manage the complex webs of business management processes entailed by medium to large companies as they scale and expand.
The Rise of RPA Software
Over the years, RPA has been exponentially growing in popularity—especially as the B2B eCommerce solution of choice—and the adoption rate of RPA software by companies across the globe has been nothing short of tremendous. And with good reason too.
The advent of the AI era has made it such that businesses who do not capitalize on digitisation and the latest technological advancements simply cannot operate intelligently enough to remain relevant and competitive in today’s fast-paced markets.
RPA software is designed specifically to counteract this, and poses itself as the perfect business process management software solution for companies that wish to scale successfully.
5 Ways RPA Helps Businesses Scale
Though there’s much nuance in the many varying benefits of RPA, they can be synthesized into the following 5 ways through which RPA software can help businesses scale:
1. Optimizing Resource Use
RPA software provides for easy process automation with regards to repetitive and mundane tasks, allowing you to truly capitalize on your employees’ time and talents. It frees them up from tedious, unskilled work, such that they can devote their expert attention to where it’s most needed.
Using RPA software to handle tedious processes also helps minimize the odds of human error and improve output accuracy and efficiency.
2. Providing Insight via Data Analytics
AI can easily collect data even where humans may not be able to. With RPA software, businesses can get access to a wider and clearer scope of data collection. This can then be utilised for data analytics to reap verified, actionable insights.
3. Improving Employee Satisfaction
RPA removes—if not all, then—many mundane tasks that may make employees feel unimportant or unproductive. By minimizing human involvement in such business processes via robotic automation, companies can let employees perform more meaningful and important duties. Employees will thus be better positioned to fully utilize their creative and intellectual capacities, which are proven major contributors to employee satisfaction.
4. Minimizing Costs & Maximizing Profits
As aforementioned, RPA software can take over mundane, repetitive tasks and completing them in a more accurate and efficient manner. This can significantly decrease a business’ operational costs while optimising output with fewer resources — and, in the business world at least, doing more with less equals greater profit margins.
5. Increasing Security
Lastly, RPA software operates on a granular level, and thus prevents data leaking from one facet to another. Since all data accesses are documented and controlled, businesses who utilize RPA software can rest assured with the increased security it entails, especially since data breaches today have been reported to cost more than 4 million USD on average.
Complexity in Perfect RPA Implementation
With all that being said, though, the process of proper RPA implementation is a highly complex one. When done wrong, it can cause a company to not only stumble, but crumble from incorrect bot installation, employees feeling threatened, and the lack of flexibility—or worse still, suitability—of software chosen.
Businesses should thus engage professional business process automation companies that have the expertise and capabilities required to ensure RPA implementation in your company is done in a masterful way that promises profits rather than pitfalls.
Capitalize on RPA with HAND Global Solutions
HAND Global Solutions is a leading IT solutions provider, having served more than 6,000 clients in multiple industries worldwide, with over 13,000 projects delivered on time.
Our offered services include RPA implementation for business process automation, Yan Cloud as a software solution for service management, procurement digitalisation for supplier relationship management, and Manufacturing Execution System (MES) incorporation for enterprise-wide manufacturing efficiency.
You can find out more about HAND Global Solutions here, or contact us for any enquiries you may have.