Robotic Process Automation: Pros and Cons

As citizens in the digital age, we’re all encountering the rapid technological shift and big data implementation. In order for us, however, to work efficiently, we need effective ways to manage workflows and business processes which deplete more time than we can afford. Thus, the need for Business process management (BPM).

One way to achieve this is to integrate a workflow management software such as Microsoft Flow, Tallyfy, or Zapier. That way, you can mitigate repetitive tasks by automating processes and configuring triggers. Imagine you’re expecting a message from someone. Through RPA, you’ll receive a notification on your work device when they send you an email. It is clear that through automation, people would alleviate their work and boost their productivity.

Another, more complex solution to achieve BPM, is Robotic Process Automation.

What is Robotic Process Automation (RPA)?

Robotic Process Automation (RPA) is a trending technology that allows us to integrate computer software into our work by configuring it to emulate our business processes and learn from them. Simply put, RPA is a technological application governed by structured inputs, logic, and APIs that provides us with a wide array of opportunities. For example, some great implementations of RPAs are the integration of computer software to manipulate data, process transactions, trigger notifications, or even to deploy hundreds of bots in a CRM system.

robotic process automation cover

And no, Robotic Process Automation is not connected to the beginning of an apocalypse caused by Terminators and rebellious machines, as some might think. On the contrary, RPA is here to stay; it is here to aid our process of entering the vastly changing technological world with a whole new approach to workloads.

How does RPA work?

In order to integrate this technology into your everyday routine, one must first understand how RPA works.

Firstly, it is important to note that they’re two common types of RPA software which are available on the market: (1) Bots that can be programmed and (2) intelligent bots that only need configuration.

Programmable bots

Such bots are essentially used for tasks which are less complex and easier to configure. This is due to the fact that in order to set a bot, one must first program it and define its parameters. However, this method isn’t very effective for compound automation (such as data analysis or smart human interaction), as the machine would not learn to emulate human actions itself via artificial Intelligence and would require you to set it up.

An example is programming a Telegram bot. Telegram, as a platform, has received plenty of recognition due to the Blockchain and cryptocurrency craze. As a result, many have started adopting it to monitor their crypto rewards, transactions, etc. They saw the need to employ a programmable bot which would automatically distribute funds based on people’s contribution to certain projects or their transaction history.

rpa telegram bot

Imagine doing all these calculations by yourself and manually sending funds to each and every other benefactor out there. Programming a bot in such a case would do the trick.

However, due to the fact that these bots are not equipped with AI or machine learning algorithms, they can only follow your pre-defined rules and commands, but cannot intuitively come up with decisions on their own.

Intelligent bots

Unlike the former, intelligent bots are used for substantially more complicated tasks such as analyzing big, complex (or incomplete) data, communicating with clients, measuring the effectiveness of current methods and metrics, etc.

As the name implies, these bots are armed with artificial intelligence, machine learning, and deep learning technology. This means that the computer is provided with enough information for it to learn by itself and understand its actions on a deeper level rather than blindly follow orders. Moreover, intelligent bots not only apply critical thinking and imitate human decisions, but they also learn from their experience and improve their performance in the long run.

They can even analyze historical data on how employees have resolved previous issues. Then, they can use this information to learn and develop a know-how on how to deal with similar problems in the future and to tackle them with human intuition and common sense.

In order to utilize an intelligent bot , all you have to do is to configure them and let them observe how you carry out your tasks. After some time, they’ll be able to automatically tackle your tedious chores and let you focus on more important tasks.

A great example is Rulai. The bot uses a combination of deep learning and AI techniques. This helps your botcachieve a natural language understanding without any programming required by you.

rulai rpa bot

When configured properly, the chatbot can effectively communicate with people, predict customer behavior, understand clients’ preferences, offer solutions and alternatives, and serve as an amazing help center for your brand. It can be either set up from scratch or you can purchase a pre-trained bot with rooted experience and fed data.

How does RPA work?

Now, knowing the two most ubiquitous types of RPA bots out there, we can move on to understanding how RPA actually works.

As stated above, RPA is commonly used for the automation of multi-transactional complex tasks which require more than just notifying you when an email arrives. It operates by running through a set of workflow tasks which the robot analyzes and learns to do step-by-step.

As an example, let’s take the process of creating an invoice: we all know it is a mandatory, yet tedious and time-consuming activity in any business.

The traditional approach of creating an invoice by an employee (Mark, for example) would look the following way:

  1. Mark receives an invoice request on his email.
  2. He opens his invoicing software and fills out all the necessary information that he has received through email.
  3. Then, Mark creates the invoice and sends it back to the original sender.

It’s definitely not rocket science, but imagine having to do this in a large corporation (Coca Cola, for example). Your employees will be bombarded with thousands of requests each hour and it won’t be an exaggeration to say that errors are likely to occur more often.

Now let’s view the same invoice creation process using robotic process automation:

  1. Mark receives the invoice request on his email.
  2. Instead of opening or acknowledging it, Mark continues with his other tasks
  3. The robot conducts all the aforementioned steps without any human input or effort
  4. Mark takes a final look at the prepared invoice and sends it to the original sender.

robotic process automation invoicing software

Now, it is important to note that in order for a process to go so smoothly, the email has to include complete and accurate information. Of course, if the robot is programmed properly, it will logically recognize if anything crucial is missing and will automatically email the recipient that more information is required.

Benefits of Robotic Process Automation

Obviously, RPA is growing in terms of interest due to a wide range of factors. As you’ve seen above, it has many modern-day applications where demand for such services is expanding rapidly.

Here are some of the main advantages of integrating software to mimic your employees’ business processes:

Enhanced accuracy due to the limitation of human error

People’s actions are almost always fueled by emotions: they get tired, distracted, exasperated, and so on. This inevitably affects their work performance in a negative way. Robots, on the other hand, are programmed to follow rules and learn from actions. A robot will not get angry, tired, or look forward to its vacation in Hawaii. It is compliant, consistent, and fully focused on task automation, making RPA more reliable when it comes to accuracy and diminishment of errors.

Cost-effectiveness by meaningful reinvestment

Even though RPA sounds expensive at first, it really is more cost-effective than onboarding new employees to do the same tasks over and over again. As we know, employee churn rates are high nowadays and interns hardly stay more than 3-6 months in a company. In the long run, it would be less expensive to employ robots to carry out less-valuable activities instead of wasting resources on new hires.

Scalability

Compared to humans, robots can execute tasks significantly faster. Moreover, they can perform a large number of operations simultaneously. Last but not least, RPA is a tool which has the ability to learn from its actions which means that it will develop with time and only get better at completing its tasks.

Improved productivity at work

Your employees will still have plenty of responsibilities but will be focused on rather monitoring the activities carried out by the software and focusing on other more intuitive tasks rather than doing the same mundane activities on a daily basis.

Limitations of RPA

RPA, too, has drawbacks that have been pointed out by many. Some of the most common limitations of RPA are:

RPA cannot read incomplete, non-electronic, and unstructured dataimagine receiving a paper-based document or a handwritten invoice.

In such case, RPA would not come in handy, since this technology can only automate processes in digital formats. It cannot scan handwritten notes (let alone decipher them) and it cannot automatically acknowledge if vital information is missing.. In this situation, using people or integrating a digital capture software would be more efficient (yet, costly).

RPA cannot execute decisions based on intuition and acknowledge exceptional scenarios

Imagine that your supplier sends you an invoice with a computational mistake but calls/emails you right after to inform you about it instead of resending the corrected file. In such case, the bot wouldn’t be able to acknowledge the informal agreement between the two parties and would execute its task incorrectly. Therefore, if we rely too heavily on RPA, we might unintentionally miss such human communication, which would inevitably lead to greater problems.

Making changes to the process you are automating will require reconfiguring the RPA bot

This applies more heavily to programmable bots rather than intelligent ones. For example, if you have programmed your bot to:

The same will not apply if you want it work identically with other types of documents too (for example, orders from clients). In order for the bot to carry out a wider variety of tasks besides the one it was programmed for, you should reconfigure its functions each time you need it to do an extra task. To avoid this, you might want to program a second bot, which, in turn, would be an extra cost.

Even though RPA is an extremely cost-sufficient technology, there will always be work processes which require human touch. Thus, integrating bots and smart machines might not always be the most cost-efficient solution.

Top 3 RPA Tools to Save Your Business Time while You Sleep

Here are some of the best RPA tools out there as ranked by users:

UiPath

UiPath is a cloud-based robotic automation platform (RAP) used mainly by analysts and administrators. The platform can be hosted both on clouds and virtual terminals.

UI Path RPA tool

The platform consists of three main modules:

Apart from having a significantly rich set of features, the platform is extremely easy to set up and can be adopted by companies regardless of their size. This is because UiPath does not require prior programming abilities and can easily be set by anyone through drag-and-drop options.

UI Path drag and drop RPA

UiPath has both a  web-based and a desktop application. However, it doesn’t have neither an Android nor a iOS mobile app, making it less mobile-friendly.

UI Path studio for robotic process automation

In terms of pricing, this RPA tool provides a free trial option. However, if they want to experience the whole extent of UiPath’s power, they’d have to contact the vendor and ask for a quote.

Tallyfy

Tallyfy is a slightly different option for people seeking to reduce their workflows and automate their processes. It is not the typical RPA tool which would deploy bots and let them emulate your employees’ processes. It’s rather a workflow software that acts as an RPA orchestration layer and builds on top of RPA tools in order to bring your business to a new level.

Tallyfy as robotic process automation orchestration tool

This means that it unlocks RPA use cases by combining finished automation by both people and bots. Simply put, it serves as a bridge, bringing together tasks executed by people with processes automated by robots. In other words, when your employee, Mark, completes a task, Tallyfy’s system would automatically mark it as done with provided additional information on its realization without requiring any human interaction.

Tallyfy workflow management software for RPA

Moreover, this provides great visibility for your employees to monitor due tasks and prioritize them based on significance. For example, you can set your bot to notify you when it completes a task so that you know what is due and how you should proceed with your activities.

Simply put, Tallyfy helps your organization develop more effective internal communication, regardless whether this communication is human-to-human or robot-to-robot.

Templates

Besides that, a great feature is the automated creation of a template to shun repeatable work. This means that you can create a generic template and use it each time you want to configure or automate a process.

Instead of starting from scratch every single time you need automation, you can simply use the template and avoid time-consuming and menial work. Then, you can configure your bot to automate processes through Tallyfy’s template. For example, let’s take the process of hiring new employees:

Instead of wasting time on training them or relying on your core employees to spend time explaining your company’s services, you can rely on RPA to carry out this task on their behalf. Your new hires will get their pre-selected training and the automated process will monitor their progress and assign them with new tasks thanks to the template.

client onboarding template

Moreover, Tallyfy is only web-based, meaning that it doesn’t have a downloadable app yet. This makes this application less mobile-friendly, which, however, will change very soon.

Last but not least, Tallyfy also has a free trial option, too. However, unlike the former two options, this one has a specific pricing, which makes it easier for you to forecast your cost:

tallyfy pricing model

Simply put, Tallyfy acts as a layer above RPA. Thus, instead of trying to replace people, it helps you discern between what people do best, and what machines do best in one amazing combination called Tallyfy.

KOFAX

KOFAX Kapow by Lexmark is another RPA tool worth mentioning.

Their robots are able to interact with virtually any business system or enterprise application, web portal, database, or even file (such as Microsoft Word, PDFs, Excel files, etc.)

This means that when using KOFAX, you can easily extract data from one of the aforementioned applications and share it with others (for example, from website content to PDF files).

Then, with the help of logical rules, you can set a configuration between applications and automate a workflow process.

This AI-powered platform provides an extremely efficient way to automate processes while serving as a synthesis between RPA, Business Process Management (BPM), and cognitive document automation.

KOFAX RPA

Similar to UiPath, KOFAX is extremely easy to manage, as it has a point-to-click unified design studio, making it accessible for anyone who’s not tech-savvy and is unable to code. Thus, your employees can deploy robots, automate tasks, and debug processes without much complexity when using KOFAX.

KOFAX robotic process automation studio

Same as with UiPath, KOFAX provides a centralized server where you can deploy, manage, and optimize the performance of your robots. The tool also comes with analytics function, making it easy for you to monitor how effective your RPA integration is.

KOFAX analytics dashboard

One of the features which discern KOFAX from the rest RPA tools is its ability to build a robot component and reuse it as a template for various purposes. This makes the platform extremely efficient when it comes to expedient work and time-insufficiency.

Last but not least, Kofax provides a free trial option, as well, along with 24/7 live support. Same as above, for you to unveil its true potential, you must contact their team for a specific quote depending on the services which you’d need on their behalf.

Wrapping it up

To wrap it up, workflow automation is here to stay – the more we enter into the tech world, the more we will have to embrace changes and seize such opportunities. Now you need to figure out if you need a business process management software or an RPA tool.

If you notice yourself or your employees spending time on repetitive tasks which require little thinking but still some logic behind the execution of the process,

You need robotic process automation!

Therefore, if you’re uncertain where to start, we advise you to give the aforementioned pick a shot simply because:

  1. They scale with your business
  2. They’re user-friendly
  3. They’re cost-effective
  4. They have a free trial option.

If, however, you’re entering the world of workflow automation and are still uncertain whether you need extremely complex tasks to be automated, then Tallyfy would surely be the right choice for you.

Not only does it diminish staffing costs and human error, but it also functions as the perfect bridge between BPMS and RPA. Additionally, its free trial does NOT require credit card registration and provides a wide diversity of integrations to be used.

Give it a try here and let us help your business scale through automation.

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