RPA
RPA
Robotics Process Automation has been around for a while now. But it is still the early days. People with knowledge and experience are dotted across the world. The consultancies are catching up fast, but they still take time (and money) to get you the information you need. So, we to help spread knowledge about Robotic Process Automation.
Robotics Process Automation
In corporate finance, automation changed the game. Accountants and other financial professionals once tasked with manual processes and number-crunching were freed up to focus on more strategic initiatives.
Robotics process automation (RPA) is a recent favorite among some B2B FinTechs. Corporate accounting software company Gappify, for instance, announced only weeks ago that it is rolling out an RPA-fueled bot to automate many accounting processes — that is, to automate processes without requiring human intervention to initiate that automation. RPA-based solution to help companies more easily access data stored within on-premise ERP systems.
ADF Framework Consists
1. What is Robotics Process Automation?
- Alternate to Outsourcing and Offshoring
- An opportunity to automate repetitive, rule based manual processes
- An opportunity to get better and faster return
- However, not necessarily easy – it requires a well-defined, structured project with appropriate scope, budget, team, timeline, etc.
2. Initial research and kickoff:
- Work with various vendors (tool providers and system integrators or solution providers) to thoroughly understand this technology.
- Partner with various business groups to get an initial list of potential use cases for pilot
- Acquire free pilot licenses
- Negotiate free services from solution providers
- Work with various stakeholders to educate them and manage their expectations regarding RPA, and its usage as compare to the traditional automation
