IndustriesThe main industries where you can benefit from Robusta...
It is possible to use RPA in many sectors, but in some the result has a bigger impact and one of these fields is financial services. A significant portion of the workload in the banks and the insurance companies is data collection and processing. According to a report by McKinsey in 2017, 43% of this job could be automated. In addition, legal regulations in the financial services sector frequently change. Software robots can be easily adapted to such changes and avoid compatibility problems.
RPA has many potential usages in insurance, where the structured data is predominant. Most processes can be easily done by robots, since they are based on specific set of rules, such as sending insurance approvals, dealing with new records, speeding up business processes in conditions such as death, address changes, accidents and processing expert reports.
The use of software robots in the energy sector is not limited to increasing process efficiency and transparency. Energy companies can also benefit from software robots because they work faster and in large volumes. In addition to meter reading, stats, tariff regulations, customer transactions, RPA can also perform accounting processes pertaining to huge number of subscribers quickly and accurately.
Successful process automation can greatly unburden the administrative and financial transaction flow in the health sector. Doctors and caregivers can take more time to relieve patients without doing repetitive paper work. By using software robots, patient data can be analyzed, and the quality of care can be increased by evaluating more quickly and thoroughly.
RPA automates standardized and subscription-based customer service processes for companies in the telecommunications sector, increasing overall efficiency. Robots that simplify new customer registration and order management can also be used to evaluate device setup, inform on various settings, and handle troubleshooting for the customers.
Robotic Process Automation offers practical solutions for situations where work processes can’t be completed in a short time due to lack of staff and high workload. While robots complete form and petition entries, payment and tax calculations, they also provide inter-system compatibility, complete data transfers and free the public employees from time-consuming processes. They can also provide customer support outside the working hours.
Transportation and Logistics
Back office intense activities such as order records, tracking system, ERP data entries and inventory performances constitute the transportation and logistics sector’s workload. In addition to these, data from the logistic partners and the transport companies, and the calculation of the costs they generate can be done by automation. Software robots can play an important role in increasing operational efficiency and profitability.
The fact that a supply chain exists in retail sector, makes the data exchange the most important part of almost all processes. It takes a lot of time and workforce to communicate with each of these stops in between and to exchange data on financial and logistics issues. RPA eliminates the heavy burden of inventory management, product scanning, payrolls, ordering, billing and logistics. Robotic Process Automation can also be used for refund processes to ensure an accurate and fast results for the company.