Start the Automation and Digitization of Your Business Processes
Every work day in almost any company is shaped by repetitive processes that nobody likes to do but need to be done. But how can these important processes be optimized? From now on, these will be handled by an intelligent RPA-Software-Robot.
What is Robotic Process Automation (RPA)?
A Short Introduction to RPA
The Meaning of RPA
Robotic Process Automation (RPA) by definition is a technology-solution for fully automatic processing of rule-based, structured business processes with the use of software robots. RPA takes over tasks and processes like one of your employees and uses the interfaces of your existing applications.
How Does RPA Work in Processmanagement?
Just imagine a software robot being a slightly different employee. However, RPA does not replace your company’s existing software systems, the existing software architecture is controlled with RPA as though by a virtual collaborator. Additionally, RPA takes over data and document processing without fundamentally changing your IT infrastructure.
Where Exactly Can RPA Help?
Are there repetitive and time-consuming tasks in your company that keep your employees from dealing with important issues and creative tasks? RPA can handle them for you and not only improve your staff’s efficiency, it can help to significantly cut costs. No matter if it’s industrial production or service and service processes – any repetitive and time-consuming task in your organization is likely to be an option for Robotic Process Automation.
Good Reasons for RPA - Enabler of Your Digital Transformation
Time to market is essential nowadays. Many old systems and legacy create serious problems for companies that aim to move fast. RPA helps you to use new technology to skip legacy problems fast. Your time to market becomes the best in the market.
Clients expect fast service, at any channel, any time. Clients expect to be recognized. RPA helps you to really be customer centric as all information is easily made available by software robots supporting any client process.
Cost is hugely important. Yet saving cost is difficult when there is a lot of old processes around. RPA enables you to achieve operational excellence fast. You do not need to change processes, automate them
The labor market is tapped. Young people work where they want and how they want it, work must be fun. RPA helps you to automate the mundane, the tiring and needless tasks. Your employees will like that.
More Competitive Advantages for RPA
Another Monday guarantees a 50% savings in costs. For many cases however, this goes up to more than 75%.
Another Monday delivers above-average automation rates of 80 to 99%. Your employees can refocus on work that adds value.
Excellent results and improved service levels through error-free processing.
Software robots by Another Monday are always working 24/7, 365 days a year.
Use of Resources
Attractive insourcing through RPA makes offshoring data or employees obsolete.
RPA can be implemented quickly. At Another Monday, the entire implementation takes between four to eight weeks.
RPA works across industries and can be universally applied – independent of the number of employees or company revenue
Robotic Process Automation - Comparison Manual vs. Automated
The chart illustrates the positive effects of Robotic Process Automation. In a manually executed process (creating dunning letters in accounting), repetitive activities in applications require a high amount of time. In an automated process, software robots carry out the repetitive tasks and complete these considerably faster with an accuracy of 100%. The result: 70% more time-efficient!
The RPA Potential: From Optimization to Automation
No matter how clever and considered – there’s always room for improvement when it comes to business processes. This goes for any company in any industry. Common methods of business process optimization have been Business Process Outsourcing (BPO) as well as Business Process Management (BPM). As we know, BPO stands for the complete outsourcing of business processes while in BPM methods, concepts and technologies are developed for design, implementation, analysis and control of operative business processes.
As part of the BPM approach, companies create Shared Services Center (SSC) to bundle the standardized, routine tasks within a company. BPO on the other hand stands for separate, independent service providers to outsource beyond the company.
Both approaches seek to drive efficiency and costs savings by moving around the work either by off-shoring or consolidating the tasks on-shore. However, neither approach automates the work and takes people out of the process. That’s exactly the point where RPA comes into play.
Are the RPA Automation Tools Suitable for My Processes?
Classic candidates for robotic process automation have the following characteristics:
- The process has a repetitive pattern
- Transactions are time-consuming
- The process is template-based to control data acquisition uniquely and repeatedly
- The process is rule-based
- It is a low value-added process
Process Management for Human Resources, Customer Service and Other Operational Areas
RPA solutions by Another Monday are proving themselves in virtually all industries and all operational areas.
The Development of RPA 2.0 – Intelligent Process Automation
RPA is uncharted territory to a lot of companies. Yet this technology has carved out its own path for some time now and continues to evolve. The past years have been fully focused on Intelligent Process Automation (IPA) – the expansion of classic RPA by an intelligent component.
No Limits in Automation of Business Processes in IT Landscapes
If required, RPA can access all applications of various IT landscapes to realize its full potential. In terms of system landscape, there are almost no limits for RPA components.
How Does Our Automation Tool Work?
The robots by Another Monday interact on 4 levels with the underlying applications.
Technical interfaces (levels 1–3) are preferred based on their robustness. Technical and API interfaces are usually dependent on suppliers.