What is robotic process automation (RPA) and how does it work?

C Conciliac Team·Jun 21, 2023·5 min read
RPA

The keys to gain an in-depth understanding of the convenience of automating tasks, a strategy that increases job satisfaction and therefore increases profitability.

Table of Contents:

In the era of digitization, characterized by versatility and constant updating, it is essential to identify reliable, secure and robust technological solutions that also aim at profitability. Keeping abreast of market changes, aligning with business objectives and reducing costs is always challenging.

Robotic process automation, the concept that summons us in this Conciliac article, is one of the methodologies that provide these values, always through proper execution. Let’s see in detail what RPA is, how it is implemented and what are the benefits associated with its use.

What is robotic process automation?

Also known by the acronym RPA (robotic process automation), this is a technology that automates business processes. In short, it consists of the use of systems (called bots) that take charge of specific tasks and free human agents from repetitive actions, increasing productivity and therefore profitability.

Keep in mind that this is not a displacement of workers in favor of robots, but the use of automated solutions that collaborate and improve processes at different levels.

If we ask ourselves what RPA does, it is necessary to mention three fundamental axes:

How does RPA work?

To understand how robotic process automation is performed, the following variables must be taken into account.

Implementing RPA: the 5 keys to keep in mind

The benefits of automation

We have already said it at Conciliac: artificial intelligence (and we are also talking about the systematization of processes) will not replace human intuition, but it will optimize it. How? To find answers, it is wise to review the benefits of automation, including data reconciliation.

Robotic process automation increases job satisfaction: while software is dedicated to repetitive and therefore boring tasks, team members can focus on impactful and positively challenging work.

Why is worker satisfaction so relevant? A 2021 survey revealed that workers spend five hours a week on tasks that should be automated.

RPA for small, medium and large companies is key in view of abolishing monotony, which reduces satisfaction levels and affects productivity, with the following points in favor.

In short, the advantages of RPA translate into a strategic redirection of time dedicated to work, allowing flesh-and-blood specialists to focus on impactful actions and problem solving.

An interesting definition of automation serves to understand the close link between RPA and digital transformation, in addition to its benefits in terms of productivity and profitability. We refer to the three «D’s» of robotics.

Some specialists like to say that robots are designed with the purpose of relieving humans of a number of tasks they would like to avoid. These tasks are defined by a trio of adjectives beginning with the letter «D».

Meanwhile, robots are here to take care of «dirty» and «dangerous» actions, for example those machines developed to defuse bombs. In the RPA world, the most relevant adjective is dull: automated systems take care of the boring stuff and do it efficiently, while human agents maximize their productivity and satisfaction.

How to choose the right RPA software

It is key to note that the implementation of RPA is a frictionless step, as automation involves legacy systems and is based on user-friendly interfaces; a move that follows the axioms of low code or no code, allowing intuitive use, without relying on technology departments or intensive training.

A remarkable aspect of certain RPA tools is the high degree of accessibility for those who are not software and programming specialists.

However, for the secure implementation of RPA, it is essential to work with specialists in the field and suitable business partners.

At Conciliac we have the experience, products and experts to support the digital transformation of organizations, a movement in which robotic automation of processes emerges as a core strategy in multiple areas, from finance, through RPA in customer service, operations, marketing, legal, human resources departments, and even in health care, to name a few examples among many.

Take back control of your reconciliations.

Bring a real case to a live session. We'll show you how Conciliac integrates, automates and validates your information — in your own environment.

Request a demo