Robotic Process Automation (RPA) vs Business Process Management (BPM) RPA vs BPM: What’s the Difference? If you’re looking to automate your business processes, you might be wondering if RPA (robotic process automation) or BPM (business process management) is the right solution for you. Both RPA and BPM can help you automate your business processes, but…
Welcome to the world of Robotic Process Automation (RPA), a revolutionary approach to streamlining business operations and pushing the boundaries of efficiency and accuracy. As we move further into the digital age, RPA has established itself as a pillar of innovation and progress, fundamentally altering how businesses operate and interact with data.
Put simply, Robotic Process Automation is the use of software equipped with Artificial Intelligence (AI) and Machine Learning abilities to handle high-volume, repeatable tasks that were previously performed by humans. These could range from queries, calculations, record maintenance to the generation of comprehensive reports. The aim is to automate mundane and procedural tasks, freeing employees to focus on more intellectually stimulating and value-adding roles within the company.
Beyond just automation, RPA is symbolic of a larger shift in the business landscape towards deeper integration with technology. It represents the convergence of physical and digital realms, a seamless blend that maximises the potential of both human intellect and machine precision. And in many ways, it serves as a cornerstone of what is often termed as the ‘Fourth Industrial Revolution’.
It’s interesting to note that according to a report by PwC, owing to RPA, the global potential for time saved is a staggering 3 billion working hours per annum, just in the short term. By 2024, Grand View Research projects the RPA market is expected to reach $3.97 billion, a testament to the level of faith businesses globally are placing in this technology.
In the context of bespoke software/app/web development, RPA holds significant promise. Custom-built solutions that leverage RPA can drastically improve an organisation’s efficiency, reduce errors and allow the company to provide a superior, personalised customer experience. However, much like any progressive technology, it’s not without its challenges. Data security questions, employee resistance and technological adaptability are just a few considerations that businesses need to address as they navigate this complex landscape.
Liverpool Apps has always been at the cutting edge of these trends and advancements. We specialise in creating bespoke solutions tailored distinctively for your organisation. By incorporating RPA into the custom applications, softwares and web solutions we offer, we help our clients achieve increased productivity, cost optimisation and an improved bottom-line.
To delve deeper into the world of Robotic Process Automation, we invite you to browse through our RPA section in the blog, or indeed the blog in general. For those looking to explore the potential of RPA and bespoke software solutions in their business, contact us at Liverpool Apps. We are ever ready to help you navigate this transformational journey.