10 Incredible Examples of Robotic Process Automation (RPA)

Examples of Robotic Process Automation

Robotic Process Automation is soon turning into a basic necessity for IT infrastructure as it described as a software technology based on software robots performing basic AI tasks. Some of Robotic Process Automation examples and functionalities are :

  • Control desktop application
  • Assemble data
  • Transfer data to other applications
  • Manipulate data

This technology has this innate ability to automate business processes that are rules-based, structured and, most importantly, repetitive. Moreover, a company can use specific RPA tools to implement specific functionalities like :

  • Communicate with other digital systems
  • Capture data
  • Retrieve data or information
  • Processing transactions

Examples of Robotic Process Automation

Here, it should add that financial firm is more inclined to adopt RPA as it incurs low labour costs and low human errors in the processing. With time, Robotic Automation Process is i.e. RPA started combining Artificial Intelligence (AI) and Machine Learning (ML) to emphasize a more robust structure and thus, it is necessary to state some examples of RPA :

1. Transferring Data From one machine to another

Large organizations or companies that have massive data to maintain often run out of backups or restorations. Their RPA solutions can come to your aid to provide them with credentials and sources to automate. In short, they can facilitate efficient monitoring of the whole process where human tasks can quickly generate without their prior intervention. Some of its benefits are :

  • Reduces human errors
  • Eliminates annual processing
  • Enhance transparency
  • Automate reporting

2. Processing Customer Email Query

RPA solution can solve issues related to surplus mail and can provide modes to handle them. It can cluster surplus mails into groups and can respond to each of them accordingly. Thus, some of the significant benefits of RPA here are :

  • Enhances average order value
  • Boosts ROI
  • Increases the scope for email campaigns
  • Provides strategized thinking

3. Telecaller Operations

In the Telecalling domain, RPA is needed for web scraping to accumulate all the necessary information in one space to further initiate some manipulations for the call centre executives. Some of its benefits are:

  • Reduce human errors
  • Improves communication
  • Automate responses and triggers
  • Optimal usage of resources

4. Processing of Form Fill Ups

Many organizations require paper-based proofs, and there filling forms become mandatory. Still, the vast amount of data is hard to handle, and there RPA solutions can automate forms and implement manual data entry applications efficiently. Thus, the benefits of it are:

  • Cost Friendly
  • Fast Processing
  • High productivity
  • Establish auditing

5. Processing Payroll

Processing payroll is an essential feature for every organization, and this requires manual processing each month, each year and there requires the RPA system’s attention to calculate the CTC and later initiate a bank transaction. Thus, the benefits of it are :

  • Produces accurate payslips
  • Removes complex tax legislation
  • Rapid calculation and deduction methods
  • Calculate expenses, bonus and others

6. Auto-updating Profiles Of Clients/Customer

Some organizations need to take care of the clients and their profiles, and there RPA based solution is required to process the request in batches, and it has two significant advantages :

  • Manipulate the burden of the back-end- system
  • Ensure better performance to the overall application

7. Automatic Renewals of Premium

Some organizations need to generate surplus premium renewal receipts online or offline, and here, RPA is required to work for it 24/7 without granting any manual intervention. The advantages of it are :

  • Accuracy
  • Less human errors

8. Efficient Processing of Underwriting

Organizations like Insurance companies ought to maintain detailed information about their clients. The clients also request information about their purchased insurance product/products, which becomes quite challenging to handle. So, we require RPA solutions to process the whole thing without human intervention. Thus, its benefits are :

  • Human intervention not required
  • Fast handling of details
  • Maintains accuracy

9. Rapid Processing of Claims

Organizations like insurance companies require the processing of claims against insured members at any hour. This requires the approval of paper-based information. This can quickly do by implementing RPA solutions to initiate manual data entry to applications to process claims. Thus, its benefits are :

  • Maintaining a vast amount of data
  • Rapid generation of digitized information.

10. Generating Policy Administration And Servicing

¬†Some organizations have to face multiple issues from their client’s end, and these issues need to be reported and documented by maintaining much accuracy. There RPA solutions are required to automate emails, IVR calls to add advantage to the companies. Thus, the benefits of it are :

  • Enhancing accuracy
  • Maintaining emails and calls

Conclusion

Thus, it can conclude that a vast majority requires RPA solutions of companies at present to perform various repetitive tasks quickly and rapidly, without inviting any human intervention to get it done.

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