Why do companies really implement Robotic Process Automation (RPA)? The technology journals endlessly talk about robotics, framed by ‘Terminator’ images, but what are the benefits reported by those companies that have already explored RPA? According to the robotics consulting firm Symphony, these are the main benefits found after RPA has been deployed:
- 86 per cent say RPA significantly reduces costs
- 86 per cent feel RPA reduces risk and improves compliance
- 86 per cent believe RPA improves process effectiveness and efficiency
- 89 per cent believe RPA improves the quality of work
- 91 per cent say RPA saves companies time on repetitive tasks
As you might expect from a system that is focused on automation, the focus is on saving time, improving quality, and reducing risk. RPA is often talked about as a technology that can replace people, but it is smarter to think in terms of how it can help people to do their job better – to always remain inside compliance regulations or to consistently deliver processes without errors.
This feature in IT Pro explores several RPA deployments and asks why the projects were successful and whether the companies involved achieved what they expected. Examples include:
- A car manufacturer offering a bot that could answer questions about their vehicle, such as what a light on the dashboard means. Additionally the messenger bot maintains a relationship with the customer and sends reminders such as when it is time for maintenance or tasks such as an oil change.
- A recruitment company used a bot to analyse CVs automatically and submit only those meeting all the required criteria. This allowed the recruitment consultant to scan far more CVs than would be possible manually.
- A bot that could add information on music concerts to a website focused on music events. Instead of manually Googling for information on events and then copying information to the database, the bot could just search and populate the database automatically.
What’s interesting here is that these are all very different projects, but they previously required a large amount of repetitive manual work – especially the recruitment and music examples. In these examples, people would be performing repetitive manual searches many times. The bot allows them to focus more on the search results, rather than wasting time performing the searches. The car example shows that with a little thought, an existing process such as sending reminders to a customer can be performed in a more interactive way that actually should help to build a closer brand to customer relationship.
HfS Research believes that the RPA market will be big – around $1.2bn by 2021 – but they also exercise some restraint. HfS believes that many of the predictions linked to RPA are ‘ridiculous’ and typical of the hype we see whenever a new technology becomes trendy. This is always a danger when new technologies become popular. They are often seen as a solution looking for a problem. Executives start asking why we don’t have an RPA strategy without identifying where RPA can actually help to improve their business processes. However, as the IT Pro case studies demonstrate, it is possible to take specific processes and to automate them so quality and efficiency is improved.
RPA is not about a robotic takeover and a complete end to all manual work, but it is an opportunity to dramatically increase efficiency in any part of your business that suffers from a need to perform repetitive manual tasks. It will be an important business strategy, but let’s stop framing discussions about robotics with ‘Terminator’ images.