Shulou(Shulou.com)05/31 Report--

This article is about solving the problem of time and efficiency of the core tool RPA technology how to understand, the editor feels very practical, so share with you to learn, I hope you can learn something after reading this article, say no more, follow the editor to have a look.

The rise of robotic process automation (RPA) is rapidly becoming a key tool for enterprises to improve services, improve efficiency and reduce costs.

RPA refers to standardized, repeatable, rule-based task automation through the use of software tools. At present, RPA technology is widely used in the fields of accounting, banking and finance, and shows great potential in the supply chain, IT, human resources and compliance of the company.

According to the data disclosed in the Global artificial Intelligence Market 2017-2021 report, the market size of RPA is expected to reach $5 billion in 2024, with a compound growth rate of 61.3%. In the Asia-Pacific region, the market size of RPA is expected to reach $817 million in 2021, with a growth rate of 181 per cent over that period.

45% of the work will be automated in the future

According to a RPA market survey of business leaders conducted by PricewaterhouseCoopers, 55 per cent of executives said they were considering "digital workers" RPA robots, 16 per cent chose "widespread adoption", another 13 per cent said "companies are about to adopt and have not yet landed", and only 16 per cent said they had heard of it.

Business leaders are more likely to implement RPA in terms of finance, sales, and tax functions, and are more likely to consider RPA in terms of compliance and IT functions. Business leaders believe that RPA is most likely to be implemented to support day-to-day work in the areas of finance (48 per cent), sales (32 per cent), taxation (29 per cent) and customer service (29 per cent).

Transactional financial functions, such as account opening, claims processing and foreign exchange payments, are also strong candidates for RPA implementation because of their recurring and data-intensive characteristics. Due to the complexity and variability of work in the areas of compliance (13 per cent) and administration (16 per cent), there is still room for improvement in the use of digital labour in these areas.

PwC estimates that 45% of work activities will be automated in the future, which will save about $2 trillion in labor costs worldwide.

Time and efficiency: trump card of RPA

The main advantages of RPA are improving the quality of work and saving working time.

RPA has many benefits, in addition to improving the quality of work by improving the accuracy of work tasks, it can also provide audit tracking, time savings, cost savings, and improve the skills of employees in the organization. By using "digital workers" instead of manual labor, employees can have more time to focus on higher-value work.

According to the PwC market survey on RPA, 68 per cent of business leaders want to save time from RPA implementation, while 65 per cent want to reduce work errors to improve the quality of their work. Forty-five per cent of executives also hope to redeploy their jobs and put employees into more complex, higher-value jobs, while 32 per cent expect RPA solutions to reduce employee frustration.

RPA technology eliminates the repetitive rule-based basic work that requires a lot of manpower and time in the past. It can effectively release manpower and enable existing employees to provide more value in areas where robots do not yet play a role. Simplify the task by replacing manual operation and then optimize the process, improve the efficiency for the enterprise and reduce the cost in an all-round way.

The above is the core tool to solve the problem of time and efficiency RPA technology how to understand, the editor believes that there are some knowledge points that we may see or use in our daily work. I hope you can learn more from this article. For more details, please follow the industry information channel.

Welcome to subscribe "Shulou Technology Information " to get latest news, interesting things and hot topics in the IT industry, and controls the hottest and latest Internet news, technology news and IT industry trends.