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Remote working and Robotic Automation (RPA) - a new reliable association
The concept of ‘Work from home’ or ‘Remote working’ was getting its share of popularity even before Covid-19 started hitting the road. However, this outbreak mandated an acceptable norm by governmental and enterprises allowing employees to work from home. This ensures their safety and keeps an uninterrupted industrial environment functioning.
Robot as a fellow worker - a trusted friend or despised foe?
The innovation of the past two centuries has helped to enhance the abilities of the human workforce. We read about the mastery of automated assembly lines introduced in the Detroit automobile plants. We’ve witnessed the exponential growth of commerce, telecommunication and travel industries through the courtesy of Information technology. We are presently entrenched in the adoption of software robotic automation in all sectors as part of digital transformation.
RPA industry trends - our observations
Every technology breakthrough would usually be labelled as a ‘luxury’ catering only to the privileged sections of the society. With time, the very same items would become affordable to the mass market audience. Now, we cannot imagine households without TV, refrigerators, computers and cars, but these were all once beyond the reach of a commoner.
What are the yardsticks to measure your ROI after Robotic Automation deployment?
The quick and easy benefits of RPA has contributed to quick adoption of RPA amongst companies of all sizes. Yet, many companies seek answers on how to measure their ROI after implementing RPA. Some companies automate only vital processes, some in stages and others try to implement across all departments.
What methodology adopted in selecting the processes to implement Robots
RPA (Robots) are already making inroads to all sections and sizes of the business enterprises. Many business journals have forecasted the increasing growth percentage of this technology. This brings a healthy opportunity and induces firms to start implementing RPA as their digital team member.
Integrating AI automation in small accounting practices
Artificial intelligence accounting automation means performance of activities, or rather tasks, requiring human input through technologies of an advanced nature
Is Robotic Automation taking over Business Process Outsourcing?
The Business Process Outsourcing was conceptualized with the intent of enhancing output through cost reduction. The obvious possibility was only through outsourcing the job where there is a surplus, economical and skilled population. The growth of internet technologies helped businesses to implement the concept of outsourcing.
Automated Bookkeeping Best Practices
The world of financial accounting takes its birth from the elementary bookkeeping practices dating centuries back. Whether we give credit to the Medici family for introducing double entry bookkeeping or modern day bookkeeping, but it is omnipresent and silently making its presence viable.
Can the job challenges of CFOs be solved through robotic automation?
CFOs play a vital role in ‘Change Management’ taking place in any industry. Recent entry into change management is automation, digital workers, or robotic process automation (RPA).
What is the right approach for RPA adoption - top-down or bottom-up approach?
Necessity is the mother of invention. Companies see automation as the absolute necessity in these testing times. That is why we see a surge in RPA automation implementation across industries. However, management show a combination of interest and hesitancy.
What criteria is important in selecting the right automation vendor?
Necessity is the mother of invention. Companies see automation as the absolute necessity in these testing times. That is why we see a surge in RPA robotic automation implementation across industries. However, management show a combination of interest and hesitancy.
RPA automation journey: How companies are starting the journey amidst the corona virus pandemic?
Robotic Process Automation (or RPA) as a technological innovation started in the 1990s, however, the term ‘RPA’ as an acronym got recognized in the beginning 2000s. Since, RPA Automation or ‘bots’ is a merger of many technologies it follows three basic process in its module: