A 5 Step RPA Implementation Guide by Signity Solutions

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Presentation Description

Robotic Process Automation is growing exponentially as it is driving a massive increase in productivity within the organization. With the minimal upfront investment, it focuses on delivering advantages to a diverse range of departments when implemented. From multiplying the staff productivity to the utilization of information efficiently, RPA is helping enterprises automate almost every task. There are many points to consider when starting with RPA implementation. So, we have divided the RPA implementation process into 5 stages.

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Presentation Transcript

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RPA Implementation Guide Its The Time To Be Future Ready

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Robotic Process Automation RPA is a software or a tool or rather ‘A Robot’ that takes over the mundane task of a process and no longer requires human assistance to get the desired output. RPA is a combination of artificial intelligence machine learning Introduction to RPA RPA creates and deploys a software robot with the ability to launch and operate other software.

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Importance of RPA Implementation Robotic Process Automation is growing exponentially as it is driving a massive increase in productivity within the organization. With the minimal upfront investment it focuses on delivering advantages to a diverse range of departments when implemented. Although RPA has a long list of benefits still various organizations are unable to execute the RPA implementation plan successfully. Any entrepreneur who is looking forward to successful RPA implementation approach is guided in the right direction with this complete guide that covers everything step by step. So in next slide we are going through the process of RPA implementation.

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5 Step RPA Implementation There are many points to consider when starting with RPA implementation. So we have divided the RPA implementation process into 5 stages. Which includes: Step 1: Research Step 2: Evaluation of RPA Opportunities Step 3: Create an Implementation Plan Step 4: Final Implementation Approach Step 5: Driving the Right Benefits

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RPA RPA Market Future Growth stats to consider 1. According to Forrester RPA’s exponential growth is expected from 250 million in 2016 to 2.9 billion in 2021. 2. Deloitte’s third annual RPA survey states almost 53 of companies have already begun the “RPA journey”. Also RPA will soon achieve global adoption in the next 5 years. Step 1: Research RPA Market Services Growth from 2016-2022

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A successful RPA implementation begins with finding the processes that are the right fit for RPA or require automation. Start by conducting a high-level evaluation of the potential process candidates for automation and document the resulting efficiencies and cost-savings opportunities to confirm whether RPA is a good fit. Not every process in the company may not be suitable for RPA implementation some processes may require human intelligence. Step 2: Evaluation of RPA Opportunities

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Step 3: Create an Implementation Plan After doing market research and evaluating RPA opportunities creating a plan is the most important part of the RPA implementation process. So let’s start with it Before starting with the implementation plan it’s very important to do RND about the major challenges. So let’s have an insight regarding various challenges. Inability to prioritize tasks Implementation Cost Challenge in scaling applications Cybersecurity Limited RPA skills  Making a convincing business case Aversion to risk Regulatory constraints Deciding the best application

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How to Overcome these Challenges Follow the Below-mentioned Strategies Step by Step for Successful Planning and Overcoming the Challenges: Start with automating simple processes. If you are willing to get the best results ensure the existing processes are efficiently automated and completely optimized. When RPA adoption begins at a functional level most companies are unable to manage them. To make sure the bots don’t get retired ensure the organization is well-prepared for the advanced AI support. Make sure every application has an audit trail. This helps in understanding the building process the working process and the changes made. Know how to track enhancement in speed productivity quality and speed. Also feel the difference in employee engagement and customer gratification. Enterprises often hand over the complete project to the development team. Thus new opportunities are not explored.

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Step 4: Final Implementation Approach A well-prepared approach leads to taking full advantage of RPA. This includes building momentum deploying bits and monitoring their effectiveness. The Final RPA Implementation Journey involves the below-mentioned steps: Program Initiation Assessing Potential Opportunities Assessing Potential Opportunities Deploy a Pilot Resource Organization Setting up of an Implementation Plan Operate and Monitor 1. 2. 3. 4. 5. 6. 7.

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Stage 5: Driving the Right Benefits from RPA implementation The benefits of adopting the RPA systems range from boosting productivity to improving employee engagement from accelerating time to market and generating more revenue. Here is the Long List of Benefits RPA Implementation offers: RPA Gives Accuracy Productivity Enhancement Time and Labor Saving Scalability Flexibility Adaptability Improvement of Service Level Promotion of Agility Improved Communication Hassle-Free Implementation

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Key Takeaway In the near future there will be more rise in the adoption and implementation of RPA. It will be used for more processes within an organization across different departments expecting to manage customer-focused and other processes. They will be fit to deal with the data-intensive tasks error-free sparing the sector significant time and liberating individuals to aim at high-value work. You can successfully implement RPA when you have the right team with you. Minimize efforts enhance client satisfaction and boost revenue. For this you have to test the waters and ensure every step you take is scrutinized.

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