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Top 10 Tips For A Successful RPA Implementation

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A new report by Global Market Insight, Inc, revealed that the Robotic Process Automation (RPA) Market size is set to exceed USD 5 billion by 2024. – PowerPoint PPT presentation

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Title: Top 10 Tips For A Successful RPA Implementation


1
visit www.sphinx-solution.com
Call 91-020-26434646
Top 10 Tips For A Successful RPA
Implementation A new report by Global Market
Insight, Inc, revealed that the Robotic Process
Automation (RPA) Market size is set to exceed
USD 5 billion by 2024.
On the other hand, Ernst Young has found that
as many as 30-50 of initial RPA projects
fail. Boosting productivity through automation
is one of the hot topics of the industries today.
Automation is going everywhere as it drives down
costs and enables better control and compliance
for the businesses. An organization can
significantly enhance the business response time,
efficiency, accuracy and reduce employee hours
spend on regular repetitive tasks. It has the
capability to help differently sized
workforce. RPA tools come with efficient
features like easy in setting up environment,
scalability, cognitive business processes and
more which help enterprises to maximize the gross
output. It is better to treat RPA as a business
initiative. It is, of course, an important
partner in all business transformation these
days and RPA is one of the areas to work on. And
here, the question arises can RPA automate
business processes that require automating?
2
Well, before approaching any top RPA service
provider and selecting the RPA tool you must
note down some tips for a successful RPA
deployment. For a successful RPA initiative,
check these 10 tips 1. Understand the operation
before planning for any process automation Half
knowledge is dangerous and so do in the
implementation of RPA as well. Though RPA is on
roll and one-third of the worlds enterprises are
making serious plans to invest in RPA, but still,
the subject clarity is lacking.
The company must identify, evaluate, document
processes and then validate test those to
confirm that they deliver the hoped results after
automation. The process should be actively
utilized, dynamically polished, updated and
automated- then evaluated and need continuous
upgradation over the process lifecycle
  • Documentation is needed for the existing process
  • If you are not documenting the existing process,
    start a documentation culture with standard and
    repetitive processes. Focus on daily tasks that
    are repetitive and register business outcomes
    which can positively affect the business.
  • Start documenting, provide a process
    documentation capability to register process
    concepts. Offer templates to establish common
    standards for documentation, shared repositories
    to document workflows and a review team to check
    before automation.
  • Guide your team to adopt automation
  • Talk to your team and introduce automation to
    them. Let your talented people know that
    adopting RPA should focus on efficiency gain. The
    company needs to focus on the business outcome
    and support end-to-end metrics to track and
    communicate progress.

3
4. Focus on specific goals The goal of any
automation project must be clear. As RPA is
fairly a new concept to be implemented, remember
you have to be a little open-minded.Though the
RPA vendors might have bold claims, it will be
easier if you set and manage specific goals and
thoroughly check the need of RPA onto your
business.
  • Managers need to see that all the stakeholders
    and partners are on the same page with clear
    knowledge of the business benefits. Set
    measurable objectives and manage expectations,
    then communicate regularly.
  • Need skilled RPA people
  • RPA tool vendors continue to include process
    definition and automation capabilities to
  • manage, monitor and support tools. These tools
    are utilized by specialists to simplify
    day-to-day tasks within their expert field.
    Tools are developed to enhance the speed and
    agility. It also helps in focusing on the
    development, testing to production. For all
    these, your team must have some technically
    sound person to ensure that the solution gets the
    resources it requires.
  • Gradually automate and prioritize
  • Start automation by making a list of what RPA
    solution you need, just check its potential and
    impact on your business. Arrange by how much
    effort and risk is involved. Automation takes
    time and resources both of which will offer
    desired Return on Investment (ROI) if you plan it
    right.
  • Think for long-term utilization
  • As RPA is now linked with Machine Learning, it is
    seen most of the companies are using ML on the
    data that the bots generating. And then use the
    chatbot which enables the users to get the data
    more easily. The RPA solution must be used
    efficiently for a long time and slowly one should
    use ML or AI for further development in the
    future and not in the first stage. So, the tool
    has to
  • be flexible enough to adopt future changes in
    your application.

4
8. Check for ready-made solution No doubt,
developing an entirely new solution is a little
time consuming and need good resources. So, in
case you are in hurry and not sure whether to go
for it, research well. Many tools come with
ready adaptors which you can directly implement
for the automation process. It is good to
research well on the available solution.
  • Check manually before switching to automation
  • You must have an experience of doing things
    manually and then change to automation because
    you have the better domain understanding. When
    you are ready to develop a new product, be alert
    about the number of tasks you select to automate,
    as sometime you might have to return back to the
    start for examining.
  • Calculate ROI
  • When you implement any kind of automation, its
    crucial to analyze automations success. When IT
    and finance placed on the key criteria like ROI
    and document monitoring, you will be able to
    access the success of your automation and the
    real value to the business. Do remember
  • to prioritize automating the processes that will
    save time and have better ROI.

Any technology that can reduce the costs of
existing manual operations by 25-40 or more not
changing the existing system, is a disruptive
one. Robotic Process Automationis a precious
asset in any organizations digital journey and
will have great results when used
appropriately. Companies that will combine RPA
with the broader set of other digital tools will
able to realize value much faster than others.
We are currently using platforms like Kofax Kapow
tool, UiPath and more for end-to-end delivery
and maintenance of the solutions. For any doubt,
get a free consultation, contact us today!
5
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