In the heart of the digital revolution, businesses are grappling with a relentless tide of repetitive, mundane tasks that consume valuable time and resources—one repetitive task after the other. The struggle is real, and the question echoes in the corridors of every organization – is there a way out of this operational nightmare? Enter Robotic Process Automation (RPA).
Born in the early 2000s, RPA emerged as the knight in shining armor, ready to combat the dragon of monotonous tasks that had shackled the human workforce. The promise was simple yet profound – automate the repetitive, liberate the creative.
Fast forward to today, and RPA is no longer a promise; it’s a reality. The global robotic process automation market is on a meteoric rise, projected to soar at a CAGR of 20.3%, reaching a staggering $50.50 billion by 2030 from a significant $13.86 billion in 2023. So, let’s embark on this journey to explore the transformative power of Robotic Process Automation services and uncover how they can turbocharge your business efficiency.
Understanding Robotic Process Automation Services
RPA, also known as software robotics or robotic process automation, utilizes automation technologies to replicate the back-office tasks performed by human workers. These tasks include data extraction, form filling, file movement, and more.
Automation technology, such as RPA, excels at accessing information from legacy systems and seamlessly integrating with other applications through front-end connections. IBM says this enables the automation platform to effectively emulate human actions, handling routine tasks like logging in, copying, and pasting data between systems.
Benefits of Robotic Process Automation Services
The adoption of RPA processes is undeniably increasing, driven by their ability to deliver rapid ROI and enhanced operational control. RPA service providers play a significant role in fully capturing RPA’s potential. The technology offers numerous business benefits that justify its automation capabilities.
Here are a few ways RPA services providers are boosting ROI in business:
Supercharging Business Efficiency with Robotic Process Automation
A by-product of task automation is enhanced efficiency and productivity. RPA bots are designed to focus on specific tasks, enabling them to execute actions much faster than their human counterparts. For example, an RPA bot can create a monthly report in minutes, a process typically taking hours for an employee to complete manually.
The beauty of RPA lies in its ability to operate non-stop, 24 hours a day, 7 days a week, without the need for breaks or vacations. This continuous operation ensures that tasks are completed promptly and consistently, contributing to enhanced efficiency within business operations.
The 24/7 Workhorse: How RPA Boosts Productivity Around the Clock
RPA can handle substantial workloads, often equivalent to that of two to five full-time employees or even more, depending on the complexity of the tasks involved. This scalability allows companies to streamline processes, reduce turnaround times, and achieve higher output levels with fewer resources.
Earlier, Deloitte reported that RPA consistently surpasses expectations, showing impressive results in various areas including 92% enhanced compliance and 86% increased productivity. By automating repetitive tasks, RPA liberates human employees from mundane activities, empowering them to focus on more strategic and value-added endeavors. This not only boosts morale but also unleashes the potential for innovation and creativity within the workforce.
Cutting Costs with RPA: A New Era of Financial Efficiency
Did you know that implementing RPA services can lead to substantial cost savings? According to research by EY, RPA can reduce costs by 20-60% of baseline Full-Time Equivalent (FTE) costs for financial services.
Businesses can become more efficient and save money by automating tasks like invoice processing, payroll processing, recruitment, CRM, and inventory management. For example, RPA can eliminate the need for dedicated departments for invoice processing and streamline payroll processing through automated computations and data validation, reducing manual intervention and associated costs.
RPA’s transformative impact on inventory management is evident through automated inventory monitoring, reordering, and real-time updates, decreasing manual involvement and generating significant cost savings while improving process efficiency. As firms adopt RPA in these areas, operational costs decrease, and resources are allocated more strategically, improving cost-effectiveness and overall financial savings.
With Gartner predicting a 30% reduction in operational costs by 2024 through hyper-automation, RPA is a catalyst for businesses seeking sustainable cost savings.
Precision Perfected: How RPA is Eliminating Human Error
An undeniable truth is: Humans make mistakes. RPA services can significantly improve accuracy by reducing the likelihood of human errors. Deloitte’s Global RPA survey showed that 85% of respondents found RPA to surpass their expectations in non-financial benefits, including accuracy. Unlike humans, RPA tools are not prone to mistakes.
They strictly adhere to the code programmed into their system, making them 100% error-free. By automating processes, RPA eliminates the potential for human errors, ensuring greater accuracy in tasks performed. For instance, in data sorting processes, RPA performs accurately when businesses streamline input-output processes and maintain a uniform format. Configuration of RPA to process structured input data further enhances accuracy. This leads to cumulative cost savings and improved customer satisfaction levels.
Combining human creativity and RPA’s error-free performance leads to optimized business processes and increased confidence in data integrity.
Revolutionize Your Operations with Kanerika’s Robotic Process Automation Services
From consultation to implementation and ongoing support, Kanerika is committed to helping you navigate your automation journey and unlock the full potential of RPA. With us, you’re not just adopting new technology – you’re embracing a new way of working smarter, more efficient, and more effective.
Here is a brief overview of our Robotic Process Automation Services:
Our RPA Consulting services kick off with a comprehensive Process Assessment. We designed this assessment to pre-determine cost, ROI, and success rate, providing you with a clear roadmap for your automation journey. We work hand in hand with you to identify processes ripe for automation and select the most suitable RPA tools. Our team then builds an Automation Proof of Concept (PoC), showcasing the potential benefits of RPA for your operations.
Once the groundwork is laid, we proceed to RPA Implementation. Our solutions leverage attended and unattended bots, tailored to meet your business requirements. A crucial part of our implementation strategy is establishing Governance, ensuring seamless integration of RPA into your existing workflows and systems.
Support and Maintenance
Our commitment to your success extends beyond implementation. We offer robust Support and Maintenance services, including proactive monitoring, troubleshooting, and issue resolution. We aim to minimize downtime, ensure optimal performance, and foster continuous improvement in your automated processes.
To ensure your team can effectively operate the RPA solution, we provide comprehensive RPA Training services. Additionally, we establish a Centre of Excellence (CoE) to help manage and scale your new digital workforce. This CoE plays a pivotal role in implementing an effective automation plan. Thus, ensuring your team is well-equipped to handle the demands of your automated processes.
Navigating Robotic Process Automation Services Through Case Studies
Today we will explore two unique success stories. They communicate what your business can unlock by signing up for RPA services. Let’s begin!
Revolutionizing Recruitment: An RPA Success Story
Imagine your HR team drowning in a sea of resumes. Like they are struggling to find the right candidates while juggling multiple job portals with various formats. Kanerika’s RPA solution swooped in to save the day, streamlining the entire candidate screening process. With the UiPath platform, an HR Automated Bot efficiently managed incoming resumes from LinkedIn, Naukri.com, Indeed, and more. The bot extracted data and compiled it into an easy-to-use Excel sheet, ensuring no candidate was overlooked. The result? Interviews were scheduled promptly, HR’s workload lightened, and the talent pool engaged effortlessly. Kanerika’s RPA service saved time and improved overall efficiency, allowing your HR team to focus on building a stellar workforce.
Transforming Data Processing: A RPA Case Study
Before we move on to our next case study, meet our client: A leading North American shipping company. Here’s how Kanerika’s RPA services significantly benefited them by automating their manual data extraction and entry process. We addressed the challenges of high error rates, costly manual interventions, slow turnaround times, and disengaged employees with empathy and understanding. Using the UiPath platform, Kanerika implemented an end-to-end automation solution. We created a bot to efficiently extract attachments from emails and read PDFs, enabling it to extract data from scanned images or PDF forms. This streamlined process led to reliable outcomes, time-saving, and efficiency. The results were impressive, with a 27% increase in productivity and reduced overall costs. Moreover, we reduced manual-processing time for employees, allowing them to focus on more value-added tasks. Kanerika’s RPA services enable the shipping company to operate more efficiently and effectively.
Choosing Kanerika as Your RPA Services Partner
When seeking an RPA service provider that suits your requirements, a logical starting point would be evaluating their platform expertise and overall experience. For instance, Kanerika demonstrates proficiency in various platforms. These include Automation Anywhere, UiPath, and Blue Prism, since these tools are crucial to ensure they can cater to your specific automation needs effectively.
Additionally, our team has a track record of automating over 150 processes and having more than 1000 bots in production. Kanerika might be a suitable choice for your automation endeavors for another reason – our team of more than 20 RPA professionals has accomplished over 30 RPA certifications, showcasing impressive credentials.
Connect with Us to Get Started on Your RPA Journey!
At Kanerika, our commitment to delivering top-notch RPA services for our clients remains steadfast. As industry leaders, we take it upon ourselves to share the latest technological developments and insights with our audience.
RPA holds immense promise, capable of reshaping the trajectory of numerous businesses. If this article has piqued your interest, we are only a phone call away from transforming it into your reality.
Onboard a seamless automation journey. Book a consultation with us today!