Workplace productivity is H A R D and work life balance is even harder. The seemingly never ending daily list of mundane tasks such as logging in, logging out, checking and re-checking of several different applications, monitoring and tracking schedules, the repetitive tasks of moving files and organizing folders, filling out forms, copy and pasting data across several different spreadsheets, extracting document data and scraping browsers…….. this list could go on and on ….and on and on….
Technology is changing that with one word – BOTS.
WHAT IS RPA ?
RPA – Robotic Process Automation is the technology that allows anyone today to configure computer software, or a “robot” to emulate and integrate the actions of a human interacting within digital systems to execute a business process. RPA robots utilize the user interface to capture data and manipulate applications just like humans do. They interpret, trigger responses and communicate with other systems in order to perform on a vast variety of repetitive tasks. An RPA software robot never sleeps, makes zero mistakes and costs a lot less than an employee. An example of RPA is RoboWorx.
RoboWorx offers three different implementations systems (RoboWorx Studio, RoboWorx Orchestrator & RoboWorx Robot) that have been proven to improve employee engagement, increase productivity and maximize ROI. The success stories of RoboWorx and RPA can be seen in Finanical Services & Accounting, in Healthcare as well as for Insurance and IT.
KEY STATS OF RPA IMPLEMENTATION WITHIN THE WORKPLACE
80% of Rules-Based Processes can be Automated
30% Lower Operating Costs when Deploying RPA
98% of IT Leaders say Automation is Essential
100% Accuracy Rate in Automated Processing
RPA IN FINANCIAL SERVICES & ACCOUNTING
It should come to no suprise that banking organizations and other financial institutions have established themselves as the early adopters of smart technologies. The benefits of RoboWorx can be seen within many areas including but not limited to accounts payable, reconciliations, HR Processes, Invoice Processing and Invoice Processing with OCR.
RPA IN HEALTHCARE
Healthcare providers are also reaching for smart technologies as patient numbers and demand increase. RPA is helping providers overcome many operational pain points by automating the following processes:
Online Appointment Scheduling
Accounts Payable & Receivable
Claims Denial & Claims Processing
Enrollment & Patient Eligibility
Patient Billing & Patient Registration
Partner Portal Queries
Patient Self-Pay Administration
Medicare Billing & Compliance
Employee Induction & Training
RPA FOR INSURANCE
RPA systems such as RoboWorx are giving the Insurance Enterprise something to smile about as their systems allow for a non-invasive integration to take place. In other words … the “bot software” is able to coexist in a way that will support existing architecture and data such as EAI & BPM.
Common Processes Being Automated in the Insurance Industry
Is there any office task within your respective field that you wish was automated ? Comment below your thoughts + opinions on this topic.