Robotic Process Automation has evolved beyond the traditional workflow automation based processes by watching the user perform the tasks in the application’s graphical user interface (GUI), and then perform the automation by repeating those tasks directly in the GUI. These robots are considered to be the digital workforce who interact with any system in the same way as humans do. Organizations are currently looking away from early cost benefits and focusing more towards optimizing processes, building on demand scalability and increased business agility.
The software robots are configurable software set up to perform the tasks you assign and control. This way they help in automating repetitive tasks across multiple business applications.
The research has shown that Robotic Process Automation (RPA) can drive about 25-50% cost reduction by automating data centric, repetitive tasks by improving the accuracy and turnaround time of process execution. In addition, software bots can be deployed 24/7 reducing latency and driving higher levels of productivity.