What is robotic process automation?
Robotic Process Automation (RPA) is a technology that employs software with artificial intelligence (AI) and machine learning capabilities to handle a wide range of repeatable tasks. It’s like creating a virtual workforce to automate business processes.
What does robotic process automation (RPA) do?
Robotic Process Automation (RPA) uses software robots or “bots” to automate high-volume, repetitive tasks that were traditionally performed by humans. This can include data entry, invoice processing, or even more complex tasks when combined with AI and machine learning.
What is robotic process automation with example?
For instance, in the banking sector, RPA can be used to automate the process of verifying and validating loan applications. Instead of a human checking each application for completeness and accuracy, an RPA bot can quickly scan the application, cross-reference it with required criteria, and either approve it for the next stage or flag it for issues.
How do you use RPA?
Using RPA involves the following steps:
- Identify Repetitive Tasks: Determine which tasks in your organization are repetitive and can be automated.
- Choose an RPA Tool: There are several RPA tools available, like UiPath, Blue Prism, and Automation Anywhere.
- Design the Process: Define the exact steps the software bot needs to follow.
- Test: Before full deployment, test the RPA bot to ensure it’s working as intended.
- Deploy and Monitor: Once satisfied, deploy the RPA bot and continuously monitor its performance, making adjustments as needed.
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