Organizations are always looking for opportunities to execute faster, cheaper and more accurately, and continue to look to technology for help. Even so, many complex highly regulated businesses in banking, financial services, insurance and healthcare are often inhibited by legacy systems that lack flexibility or an ability to easily integrate, resulting in sustained, costly operations prone to high error rates.
Robotic Process Automation (RPA) from providers like Blue Prism, however, can serve as a catalyst for these companies and their business transformations. There’s a reason the RPA market is expected to grow to more than $13 billion by 2030.1
RPA is often the first step in a transformation. Because robots rely on structured input sources with consistent, readable data—think spreadsheets, websites, green screens, databases and forms or routine workflow tasks—there can be tremendous value gained quickly in using RPA technology.
Implementing RPA can help reduce costs while improving the quality of many repetitive, high-volume tasks. It can be configured to drive applications on an end-user desktop, and because it operates at the user interface layer, these “digital workers” enable people to concentrate on jobs requiring thought and creativity, elevating their value to their companies.