Reports and analysis is very imp task in any organization and is done by professional appointed for it also supervised by leads. Reports are needed to decide and discuss future scope implement necessary changes which leads to company’s growth. In previous era humans used to perform such tasks which apparently became time consuming and repetitive with growing data. In today’s world thousands of data is generating seconds by seconds so it becomes difficult to mange and operate on such data.To overcome this problem Robotic process automation comes into picture.
Some of the task include
1] Addressing queries
2] Making calculations
3] Maintaining records
4] Perform transactions
RPA makes task easier where it has a bot who analyses the document remove or extract useful details from it add into Excel sheet and mail it to the corresponding authorized person. This is working of a basic RPA software.
RPA has been a boon to the society where there is a need of Huge analytics with proper accuracy and also reduces manpower. In our society there also some misconceptions regarding RPA many of them think it is a robot but it is not a robot it do not have any resemblance to humans it also does not have any physical form it is just per software which is automated to perform a specific task.
It also does not have his own brain and cannot replicate humans it cannot perform Complex task and complexities which robot or humans do.
let’s have a look at working of RPA….
The working of RPA includes four important phases
1] Planning phase:
Planning phase includes gathering information from different sources also finalizing implementation approaches to be followed.
2] Development phase:
It implement the automation workflow.
3] Deployment and Testing phase:
This is one of the important phase of RPA it ensures bug free product at the end.
4] Support and Maintenance phase:
It checks whether the system is working properly and giving desired result. Also communicating to the end user and taking feedback.
Some of the popular RPA tools are
2] Blue prism
3] Automation anywhere
4] Work fusion
RPA ensures consistent error-free output which reduces risk and give customer satisfaction.
It also reduces average handling time and equivalently reduces cost due to less human intervention
There are many sectors currently in which RPA has active participation namely
1] Banking and Finance
2] Human resources
3] It integration
4] Insurance Agencies
5] Marketing and sales