Robotic Process Automation (RPA): Past, Present and Future

Click on the below links to know more about RPA .

RPA Future
RPA Present

Limitations or Disadvantages of RPA

• Bot is limited to the speed of the application.
• Tasks that require judgments and creativity can not be automated.
• Even minor changes to the applications will need the robots to be reconfigured.

Advantages of Implementing RPA

• Use existing IT infrastructure with out making changes to the current systems and databases.
• Reduce cost (by implementing RPA, it will be 1/3rd of FTE).
• Productivity
• Efficiency in process
• Reduces transactional errors
• Higher accuracy
• Mistake proof process
• Enhances compliances and controls
• Time, quality and cost of transaction

Robotic Process Automation

A software 'robot' is a software application that replicates the actions of a humans by interacting with the user interface of a computer system. Manual, repetitive and rule based actions are automated by using Robotic Process Automation by creating a digital work force.