The benefits of RPA: how Robotic Process Automation can move your business forward

Robotic Process Automation (RPA) is a technology that is gaining traction at companies. RPA software uses so-called bots to automate recurring business processes, improving efficiency and accuracy. These typically operate on the user interface of applications and systems and can control them to perform tasks such as data entry, data matching, and data processing.

The applications of RPA are diverse and offer countless benefits, ranging from freeing up skilled labour to minimising errors in various fields and industries. In this article, we will take a look at the many benefits associated with the use of RPA.

RPA reduces workloads and increases job satisfaction

One of the biggest benefits of RPA is the increase in employee productivity. The use of Robotic Process Automation (RPA) allows companies to automate repetitive tasks for which they oftentimes do not have enough employees.

This allows employees to save valuable time and focus on more important tasks that are more creative and challenging. This leads to increased job satisfaction and allows companies to make better use of their limited resources.

RPA lowers the error rate

Invoice checking is a necessary but tedious activity at any company that requires utmost accuracy. However, even with the most diligent approach, errors can occur. This is where an RPA bot can help by automatically processing incoming invoices and checking for discrepancies, such as missing information or incorrect prices. When an error is detected, the RPA bot automatically notifies the relevant employees to solve the problem. Similarly, the software is also used in the HR department to make data entry more accurate and reliable. The use of automated helpers reduces the potential for errors and enables repetitive tasks to always be performed correctly.

RPA saves resources and lowers costs

Especially in the day-to-day work of accounting, tasks can become repetitive. Companies also need to regularly run financial reports, invoices and accounting tasks that are essential to the financial integrity of their business.

However, by automating the entry of financial data into the accounting software, professionals who previously had to perform this task entirely manually can now devote their time and skills to other important tasks within the company, supporting other departments or growing their expertise. The newly freed up working time can then be used for more important tasks, which in turn helps companies reduce costs.

RPA promotes rapid growth 

When a manufacturing company grows quickly, the volume of orders also increases. Manual processing of orders by e-mail is very time-consuming and can lead to long response times for clients. In addition, if the order volume is high or the staff changes, there is a risk that orders can be lost, which can lead to further inconvenience for clients and losses for the company.

Implementing RPA technology can help by using a bot, for instance, to automate and speed up the time-consuming and repetitive process of manual order processing.

Another benefit is that by automating processes, employees can complete tasks more quickly and focus on new products and services - getting them to market faster, which can create a competitive advantage and also help accelerate growth.

RPA improves compliance

Bank employees and loan applicants know a thing or two about it: the legally required compliance check. Here, too, RPA can help and optimise by automatically taking over the verification of KYC (Know Your Customer) data, for example, and thus ensuring compliance.

Many companies are required by law to ensure that personal data are protected and kept secure. Manually reviewing data protection policies and procedures (compliance) can be very time-consuming and require collaboration among different departments.

Thankfully, by automating these processes, companies can ensure that legal and regulatory requirements are met.

RPA: a technology that creates jobs and increases satisfaction and efficiency

Overall, the use of Robotic Process Automation offers businesses a variety of benefits. Automating repetitive processes saves time and resources, increases productivity, minimises errors, and ultimately increases job satisfaction. RPA helps companies become more competitive by automating business processes and taking routine tasks off their employees' hands.

The concern that RPA could replace jobs remains unfounded. On the contrary, RPA can create new jobs in many areas: by investing in automation, companies can work more efficiently and grow faster. This, in turn, can create new jobs in other areas, help employees grow and make them happier.