Robotic Process Automation

12/16/2020 12:00:00 AM

Automated bots are excellent at carrying out repetitive jobs much faster and with much more precision than human counterparts.

Bots are pieces of software specifically configured to perform particular tasks, like data entry; supply chain management; and data gathering.

Bots can operate these complex functions 24/7 without assistance and make fewer mistakes than humans.

Alleviated workers can then instead focus their energies on projects away from these types of repetitive tasks.

With 80 million jobs in the US considered good candidates for automation, it’s no surprise people are scrambling to implement automation solutions in their organizations

Such is its current rate of adoption that the worldwide market for RPA will grow from $846 million in 2018 to an estimated $4 billion by 2025.

RPA is the quickest-growing segment of the enterprise software market, with SMBs having more access to automation solutions after several years of use by large corporations.

Our RPA partner, Kofax, for example, has seen substantial growth over the last two years alone—mostly in response to its ease of use for small businesses.