In their publication entitled The Case for Robotic Process Automation, Kinetic Consulting Services widely covers robotic process automation, including a description of the software, the spectrum of the technology, which processes are ideal for automation, as well as the benefits that can be expected upon RPA deployment. The whitepaper also discusses the commercial business case for RPA use, strategic considerations for implementation, RPA as an innovation initiative, and finally concludes by elaborating on some of the organizations that are making use of RPA.
Kinetic Consulting Services suggests that “process automation software has been around since of the turn of the century but it has recently had a positive injection with a new label added to its name: ‘robotic.’ This name change has modernised and linked the business case for RPA to head-count savings….The name change has also positioned RPA within the wide context belonging to the next wave of digital disruption.” It’s clear that RPA has recently made a big splash in the world of technology. Considered to be a major contributor or the “Fourth Industrial Revolution”, it’s a software that is useful for a wide range of organizations for automation of many different tasks.
RPA can be used to automate business activities across many industries including finance and banking, finance and accounting, insurance, HR, IT, telecommunications, healthcare, retail, and even government. According to Kinetic Consulting Services, the ideal process for automation is one that:
- Is repetitive and rules based
- Accesses structured data sets
- Utilises applications on a Windows or Web based platform
- Has been documented and standardised in practice
- Requires hiring three or more staff to complete
- Involves data input that is prone to human error