Oracle RPA- What is RPA?
Automate complex business process and streamline workloads
Robotic Process Automation (RPA) is an evolving technology that uses software “robots” to run complex business processes. These bots communicate directly with the application’s user interface to streamline workloads, avoid human error, reduce labour costs and increase performance. All of this is accomplished by eliminating manual and repetitive tasks.
Why RPA?
RPA proves most useful on complex, legacy data entry applications, such as Oracle EBS and those developed using Oracle Forms. Organizations around the world currently use these applications as their mission-critical, back-office systems, and build their full operations around them. Therefore, finding a solution to increase performance and productivity for these applications is crucial.
Let’s take a look at the following examples:
- Payroll processing is done monthly. It requires a lot of manual processes as well as half automated processes. These processes consist of pulling details from timesheets, getting employee details and generating payslips. Additionally they include, calculating salary and vacation days, bonuses, expenses, making bank transactions, etc.
- The sales manager would like to see the pricing of his main products compared to the competition. In order to achieve this, at the beginning of each week, he goes to his competition websites, checks the prices, writes them down and compares them to his own prices. All is done manually.
These two examples are just the tip of the iceberg. There are thousands of use cases where business processes could be more effective if they were automated by a robot. Tedious, time-consuming tasks end up wasting precious time, money and resources.
Robotic Process Automation Benefits
Now that you understand what RPA is, let’s summarize the benefits that RPA can bring to any organization:
- A cost-effective way to free up intelligent resources.
- Faster and more accurate than a manual process.
- Combined flows – Several business flows can be combined into a single one, based on any business rules, conditions or data events.
- Scheduling & Monitoring- Activities can be scheduled to fire at certain times, or recurring
- Non-intrusive – the end-users application is automated as-is, no development required.
- Easily scalable – more robots can be deployed easily if needed.
Nowadays, organizations are looking for a solution that is both cost-effective and improves productivity – RPA provides these goals.
Learn more about RPA technology
If your organization is looking to begin their Oracle RPA journey feel free to contact us at info@auraplayer.com. To learn more about RPA, click here.
Stay tuned for our next blog in the RPA series where we will cover the characteristics of flows that are suitable for automation.