The evolution of digital transformation has paved the way for the smarter business process. The introduction of the Internet of Things, Big Data Analytics, and SAP technologies has brought a transcendence in the entire business network. However, one revolutionary technology hitting the headlines is the Robotic Process Automation (RPA).
Robotic Process Automation is an evolving digital transformation technology based on software robots to automate business operations and reduce human effort. The combination of RPA with Artificial Intelligence (AI) and Machine Learning escalates efficiency to boost sales. RPA can handle the bulk of repeated tasks with ease. It usually mimics humans while performing the task including queries, data entry, calculations, and maintaining records and transactions.
According to the Deloitte RPA Global Survey 2018, 53% of the business enterprises have already adopted the Robotic Process Automation. This is expected to increase to 72% within the next two years.
Let’s take a cue on the global market size. The value of RPA stuck around $357.5 million in 2017. It is expected to register a CAGR of 31.5% over the forecast period.
Systems Applications Products or SAP, which is a comprehensive Enterprise Resource Planning (ERP) software has decided to embrace the RPA technology. The intention behind this decision is automating a wide range of back office tasks using the Robotic Process Automation technique.
The software vendor has literally decided to invest in the generation next RPA, which would help SAP to automate the repetitive business process across various scenarios.
According to, Juergen Muller, Chief Innovation Officer, SAP, “Machine learning acts here as the brain that is managing exceptions and guides the RPA bot to execute on desired processes.”
In this blog, we will discuss the advantages of SAP’s integration with the Robotic Process Automation. Thereafter we will also view how this disrupting the various industries.
The advantage of SAP’s Integration with RPA
Simplification of Transactions
The Robotic Process Automation simplifies the transaction process. It helps to manipulate and send data from one system to another. It further develops an automated system, which can perform this role significantly.
Back Office Job Goes Digital
RPA technology has gained popularity amid wide-ranging business enterprises. It has eliminated the workload of employees to a great extent. The areas where it has made its influence count include data entry, human resource management, and managing the supply chain. Data accumulation is often considered a daunting task. Thus, RPA is appropriately fit to play that role. It has streamlined each of the departments in an organization.
SAP has also planned to invest in Robotic Process Automation as it intends to integrate the advanced technology with SAP Leonardo Machine Learning Platform. This will let the company create corporate chatbots and allow business enterprises to use it on a quick note.
Chatbots, as you are aware, are another innovative technology that has allowed business to interact with customers in real-time. The customers will also be able to receive upgraded service with the help of smart analytics. Furthermore, SAP is adding smart application design techniques in Cloud Analytics to boost customer experience.
Productivity Advances Forward
SAP is on a roll as it strives forward to enhance its productivity. The workers don’t need to devote too much time in managing their daily, weekly or the monthly tasks. They do not have to spend hours creating purchase orders and focus on better negotiation with the suppliers.
They can find any invoice for even an old date with much ease. All these automated tasks are possible due to integration with the RPA technology. The result is that it upsurges the productivity of the firm. Not only does RPA help in saving the precious time but it also reduces the errors committed during the data entry work.
Product Management and Assurance of Quality
Another aspect of why SAP seems to have developed an interest in RPA is the latter providing enhanced product management platform and quality assurance to the customers. Each of the product passes through a regressive testing process before getting approval.
Important Industries Disrupted by SAP and RPA Technologies
- The Finance Industry
Banking and Finance industry has transformed with both SAP and RPA technology helping to automate the data validations, data entry work, and digital management of customer accounts. The form filling work and information based on loan and mortgage is available in real-time.
- Telecom Sector
The telecom industry was another sector dealing with huge inputs and accumulation of custom-related data. Now, with the adoption of RPA software collecting and confirming the data from phone systems and comparative analysis of the competitor’s pricing.
We know that SAP solutions are playing a vital role in the manufacturing industry. But with RPA also coming into the picture, the Enterprise Resource Planning Software automation, the escalation of logistics, and data monitoring etc. have all transited to the next generation level.
SAP software in association with the Robotic Process Automation technology has offered a big boost to the healthcare industry. The extraction of patient data, monitoring the accurate health metrics, preparing appropriate reports, and bill processing are some of the major RPA’s contribution to the process.
The retailers are not lacking behind in reaping benefits of the SAP and RPA technology. It helps them to get real-time information on product data and automate the inventory management system.
The Significant RPA Tools Helping in Disruption
Automation Anywhere is a hi-tech innovative software and a leading Robotic Process Automation platform. It allows business organizations to develop a digital workforce and used for end-to-end business process automation from anywhere. About 1,100 business enterprises are already using this AI embedded to accelerate their operations. There has been a significant decrement in the operational cost with nearly error-free rates.
UiPath is a Windows-based RPA software. It makes use of an advanced technology that helps in avoiding the unnecessary SAP software information focusing only on the important aspects. This means that UiPath has been designed in such a way that it will pay attention only to essential items irrespective of how complicated the SAP software is.
UiPath is proving its importance while
- SAP Screen Scraping
- SAP Automated Data Entry
- Migration of Content
- Integrating the Legacy System
Blue Prism is another useful Robotic Process Automation platform. It offers an explanation of how this technology has simplified the tasks of business operational teams in building an innovative business process.
RPA and SAP Technologies- The Future of Business Automation
Robotic Process Automation and different SAP solutions are posing the viable future of the wide-ranging industries. The robotic bot is helping organizations to automate the operational process with a focus on cost-cutting and efficiency increment. The integration of artificial intelligence and machine learning has provided a boosting impetus to the automation of technology.