Published By: Sandeep Viswanathan
Date: August 27, 2020
Are you keeping up with digital transformation? Robotic Process Automation (RPA) delivers ROIs faster than any Digital Transformation Process.
So, what has it delivered for businesses around the globe? While ROI / Payback was achieved in less than 12 months of implementation. RPA has achieved near full marks for Improved Compliance, Improved Quality/accuracy, and Improved Productivity besides delivering on cost reduction goals.
So, scaling RPA is clearly proving to be more difficult than earlier anticipated.
What are the challenges faced to scale?
- Process standardization and change management
- Integration with other IT systems and flexibility of the RPA solution
- Discovery – Selecting high-value processes
- IT issues, process complexity, unrealistic expectations and a “piloting” approach
- A shift in mind-set and approach from experimentation to transformation is needed
- Cross-functional support especially IT
Setting the right strategic priorities
Establishing Scale Management
- Set standard process management monitoring dashboards
- Build a ‘Master Map’ of all automated processes with inter-linkages to manage dependencies and change requests
- Integrated demand planning with appropriate arbitration
Irrespective of the stage of their RPA journey CRG Solutions has been partnering with organizations to support their RPA strategy and implementation. We have a strong team with multiple years of relevant industry knowledge across Media, BFSI, Pharma, Manufacturing, FMCG, Telecom, Retail etc.
What’s Next?
Source: Smarter With Gartner “Gartner Top 10 Strategic Technology Trends for 2020,” October 21, 2019.
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