Time savings and operational efficiencies using Robotic Process Automation
Time savings and operational efficiencies using Robotic Process Automation:
- Organizations can gain efficiencies by diverting repetitive, mundane tasks to bots. This allows organizations to use their human employees for higher-value work while ensuring faster, error-free processes.
- Compliance and data quality/accuracy: Using bots for processes that determine regulatory compliance or require clean data (including across multiple disparate systems) eliminates the potential for human error and ensures accuracy. For example, a banking bot can improve quality by 99%, by reducing errors.
- You can calculate the ROI from improved compliance in a number of ways, depending on your individual business:
- comparing the dollar amount of penalty fines paid out before and after bots;
- comparing how many chargebacks occurred before and after bots; or
- comparing how many insurance claims were denied before and after bots
It’s time to find out the time savings and operational efficiencies Robotic Process Automation can provide your business by contacting firstname.lastname@example.org.