Do you have a bot working for you yet?
Robotic process automation (RPA) technology is made up of disruptive and transformational software bots that can be trained to imitate repetitive, rules-based tasks performed by humans. RPA’s software bots are automating routine and often mundane work such as:
- filling out forms
- updating records
- creating reports
- any high-volume transactional task
RPA also offers traditional companies a pathway to digital transformation. Because it works at the user-interface level, RPA provides companies a way to automate critical business processes without ripping and replacing very costly legacy systems that support them.
It can also be used by many business units including: HR, Finance, Manufacturing, Supply Chain and Distribution. Done right, RPA not only saves companies time and money, but also frees up emplyees to focus on higher valuer work. According to some analysts, first year returns on invesment for RP implementations can be in the double or even triple digits.
“ROI payback (for the typical RPA project) was reported at less than 12 months, with an average 20% of full-time equivalent (FTE) capacity provided by robots.” This does not mean human workforce should be eliminated but redeployed to more value adding activities. For a mid-size Fortune 1,000 organization with around $20 billion revenue and 50,000 employees, automating 20% of estimated addressable activity through RPA could result in over $30m of bottom-line impact each year.”
-The robots are ready. Are you? | Untapped advantage in your digital workforce White paper. Deloitte. 2017
Where RPA works well in manufacturing
- Order fulfillment
- Purchase order processing
- Bill of materials
- Inventory reports
- Transportation management
- Regulatory complicance
- Customer support and communication
To start your RPA pilot project today, let’s schedule an RPA consultion with one of the WhiteLight Group RPA experts.
Shift to Industry 4.0
RPA will play an increasingly important role in manufacturers’ shift into Industry 4.0. It offers organizations an exciting new way to improve their operations while also improving employee job satisfaction. RPA solutions have become a widely adopted strategy for enhancing various parts of organizations’ operations by allowing employees to focus their time and efforts on more high-value and meaningful work.
It has helped organizations do significantly more with less while reducing errors, increasing workforce job satisfaction, and better ensuring that deadlines are met. These benefits have been possible with relatively small capital investments and IT resources. While RPA is not applicable to all types of work, it is a good option for reducing hours spent on routine, manual tasks.
Get started on your first RPA project today.