17 Jan, 2021 | Blogs
The growth of data in the world is astounding yet completely understandable at the same time. According to reports from the IDC, the worldwide data will grow 61% to 175 zettabytes by 2025. That is why there are more than enough reasons to love data. Not so long ago, many considered an organization’s database as the source of most important insights. While traditional office documents still provide valuable information, the lifeblood of the company today is unstructured data. This type of data holds some of the vital insights needed to make decisions, big or small. But how do businesses ensure to collect and streamline it so that they don’t make decisions based on gut feeling or a hunch? The answer lies in Robotic Process Automation (RPA). RPA for data collection connects the dots to make smarter, informed decisions based on facts instead of feeling.
What is RPA?
Robotic Process Automation is a computer-coded bot that can perform repetitive tasks straight from an application’s user interface. The bot mimics human actions such as logging into the system, copying and pasting data, filling forms, and opening emails and attachments. These bots are often considered a powerful catalyst for process automation and integrations since they are fast to implement and update. Because of its ability to automate, RPA for data collection is being widely used for ensuring visibility, compliance, and auditability.
For your process automation, RPA for data collection can identify trends or even provide operational analytics into the bot performance so that you can accurately calculate the ROI of your automation program. To understand your bot’s health, analyze your bot performance through operational analytics. Report the technical efficiency of your bots, and identify which ones are adding value to the processes. Operational analytics can offer real-time and historical information of your bot at both the process and task level so that you can improve the performance of your digital workforce.
ROI of Automation
One of the biggest advantages of automating a process is the digital trail the bot leaves behind. The bot, with the help of Artificial Intelligence and Machine Learning, can extract relevant information from unstructured data and offer operational analytics that can help you determine the ROI of your RPA program.
With the relevant process information, you’ll be able to discover, manage, and optimize your process’ performance by analyzing the data flowing through the RPA bots. Every process has several parts of unstructured data that can easily be transformed into business insights such as revenue growth, cost savings, and productivity improvement. With such invaluable information, you can make strategic decisions for continuous improvement and optimization.
RPA for Data Collection, Let Nuummite Consulting Help
It is reported that 80% of your organization’s data will be unstructured by 2025 (IDC). That is why many organizations are turning towards automation to make the most out of their data. If you would like to tap into your organization’s structured and unstructured data and get mind-boggling insights, then we’re here to help.
Nuummite Consulting is not only a leading implementer of RPA, but we also assist you in identifying the right process for automation and re-engineer it whenever required. With us as your implementation partner, we work to ensure you get the maximum return on your RPA investment in the shortest time while improving efficiency, eliminating errors, and ensuring compliance.
Speak to our RPA expert today and harness the power of data with automation!