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Sunday, May 24, 2020

Robotic Process Automation (RPA)

Use Cases:
  • Organization –
    • Employee On-Boarding
    • Invoice Auto Scan, Data Correction & Bug-Free Processing
    • Auto Emails/Reminder at Set Time
    • Health Care – Appointments thru Phone Bot, Patient’s Data Entry, Claims to Process, Billing, etc.
  • Retail: Receiving Orders, Sending Notifications, Shipping Products, Tracking Shipments, etc.
  • Banking: Uses RPA for more efficiency in work, for accuracy in data, and for the security of data.
    • Credit Card Fraud Detection System – This will auto lock your card in case your card is accesses from unknown location defined by you, unusual amount of Transaction, wrong PIN entered thrice etc.
    • Loan Initiation - Scan Given Information, Input Data, Validating Key Information and Process Further
    • Running Defined Business Rules Based on Input
  • Insurance: Insurance companies use RPA for managing the work processes, entering customer’s data, and for applications.
  • Manufacturing: For the manufacturing industry, RPA tools help in Supply Chain procedures. It helps with the billing of Materials, Administration, Customer services & support, Reporting, Data migration, etc.
  • Others
    • Email Processing – E.g. Send Email With Subject ‘iPhone’. RPA System will read this Subject, Search all about ‘iPhone’ and sends details you as another Email.
Advantages:
  • Reduced Cost
  • High Operational Efficiency
  • High Speed
  • Zero or Reduced Error
  • High Consistency
  • Reduced Risk
Types of Robotic Process Automation
  1. Attended automation: These tools will require human intervention while performing automation processes.
  2. Unattended automation: These tools are intelligent and have decision-making capabilities.
  3. Hybrid RPA: These tools will have combined capabilities of both attended and unattended automation tools.
  1. Blueprism
  2. UI Path
  3. Automation Anywhere
  4. Pega
Few More:
  1. Inflectra Rapise
  2. Nice Systems
  3. Kofax
  4. Kryon
  5. Softomotive
  6. Visual Cron
Features
Blue Prism
Best suited for Industry type
Core RPA Capabilities
Core RPA Capabilities
Core RPA Capabilities
BPM
Is recorder available?
No.
Yes
Yes
---
Platform independence
Supports any platform.
Yes. Supports Citrix.
Yes. On-premise and in the cloud.
Desktop Servers
User-friendliness
Yes. Developers
Yes. Even for non-developers
Yes. For anyone.
Yes. It supports low-code development.
Cost
$ 15k -18k Annual
Free
Contact them for pricing details.
Start from $ 200/month
Scalability
--
Can handle any process, in any number irrespective of its complexity
Yes. Scalable.
Scalable to Enterprise level.
Architecture
Client Server Architecture
Web Based Architecture
Client Server Architecture
It runs on desktop/server. No database required.
OS Support
Windows
Mac
Web-based
Windows
Mac
Web-based
Windows
Mac
Web-based
Windows
Linux
Mac
Web-based
Security
Security provided for network and software credentials
Provides security by managing credentials, providing encryption and access controls based on the role.
Provides Bank-grade security.
Provides security through authentication, encryption, and credentials.




Hope this helps!!

Arun Manglick