Accelerating Business Value with RPA: Unleash the Power of Digitization
As digitization continues to advance, it has a profound impact on both white-collar work and product technology. In the next 10 to 20 years, nearly half of all jobs will be substituted by automated or robotic labor.
To thrive in this evolving landscape, it is crucial for companies to embrace Robotic Process Automation (RPA), a specific form of digitization that enhances organizational value.
At VTS, we understand the importance of making informed strategic decisions when it comes to implementing RPA in your business processes. That's why we offer the Robotic Process Automation Assessment Program, designed to help you evaluate the suitability of RPA for your enterprise. Through this program, we address critical questions that shape your automation journey:
- What is the proportion of transactional or rule-based processes in your enterprise?
- Which dependencies could be disrupted by automation?
- Are these processes worth automating, considering the potential cost advantages and return on investment (ROI)?
- Are there additional benefits beyond cost savings?
With our expertise in business innovation and a wealth of successful RPA implementation cases from around the globe, VTS specializes in assisting corporations with problem-solving through RPA implementation. Partner with us to effectively leverage RPA and drive organizational growth in this era of digital transformation.
Ensuring cost-effectiveness and timely implementation are critical considerations when adopting Robotic Process Automation (RPA). Performing an RPA assessment in advance plays a pivotal role in making well-informed decisions by evaluating process suitability, estimating costs, return on investment (ROI), and success rates.
Selecting Right Process for Automation
Not all processes are suitable for RPA technology. It is essential to evaluate candidates based on key attributes that align with the strengths of RPA.
A systematic scoring mechanism can be employed to establish a valid process pipeline, objectively assessing the compatibility of each candidate with these attributes. Here are several criteria that define suitable RPA process candidates. Processes that do not fully meet these criteria can still benefit from other improvements identified during the evaluation:
- Relietitive in nature
- Data intensive
- Electronic trigger
- High error rates
- Manual calculations
- Out-of-hours jobs
- Electronic start/end points
- High compliance requirements
- Large number of resources
RPA Assessment Strategic Approach & Framework
Implementing RPA has the potential to revolutionize processes and drive business operations. To maximize effectiveness, it is vital to incorporate business process reform into the evaluation process, rather than focusing solely on RPA tool implementation. The strategic approach and framework for RPA assessment encompass the following steps:
Phase 1: Diagnose & Discover
- Evaluate existing processes.
- Record performance indicators
- Identify opportunities for automation.
- Prioritize quick wins
Phase 2: Decide
- Estimate effort required
- Determine nature of automation (simple rule-based vs. cognitive)
- Process Orchestration (PO)
- Assess risks and dependencies
Phase 3: Design & Deliver
- Develop solution blueprint.
- Create integration roadmap.
- Establish business case and ROI indicators.
- Deliver the final assessment report
VTS RPA team possesses extensive expertise in delivering comprehensive services to support organizations at every stage of their automation journey.
Our offerings span strategy definition, assessments, automation governance, production implementation, roll-out, continuous improvement, and innovation.
In addition to assisting, you in reviving failed RPA initiatives through our Fail-Safe Assessment and foolproof roadmap, we provide hosted RPA services with pre-built RPA bots and optimized infrastructure design.
Adopting a proactive approach to evaluate business process efficiencies for RPA adoption, our services are tailored to empower organizations in harnessing the full potential of robotic automation. By aligning your firm with the appropriate automation tools, leading platforms, and cutting-edge techniques, we enable you to achieve your business objectives and leverage the value of emerging technology solutions.