Track Your Supplier’s Performance with Vendor Management Automation
Synopsis Vendors—single or multiple—exist in every—small to large—enterprise. Vendor Management System (VMS) helps businesses to manage vendor-related processes such as vendor onboarding, vendor-buyer relationship, vendor performance, payments, etc. Vendor Management Automation helps companies perform operations faster, accurately, and efficiently and remove errors. Manual evaluation and performance review of vendors regularly or quarterly includes high data […]
How RPA implementation is different from traditional programming or software development
Robotic Process Automation or RPA has been touted as one of the hottest technologies that enables businesses to automate digital tasks. The market for collaborative robotics is predicted to reach $12 billion by 2025 as per a Markets and Markets survey. With so much hype and curiosity around RPA, many businesses who want to adopt […]
Automation of Miscellaneous Charges Order Turned a Profit for an Online Travel Agent.
Synopsis Travel is one of the most competitive markets with cut-throat competition. End customers want the most competitive fares, quick turn-around-time, and exceptional customer service. With more than thousands to travel services providers, automation with high accuracy is the key to staying relevant. Traditional automation is not only expensive but also time-consuming to implement. Robotic […]
RPA in Education Sector: A Quick Guide to Step into the Future
The administrative functions in the education industry, to name a few, such as admission, scheduling of events, filling up of a form, report making, and more, are the operations that are monotonous and repetitive. These tasks not only eat up significant time but also leave you drained. The heaps of papers piling up in the […]
Reduce Technical Debt and Move To Technical Wealth With RPA.
Technical debt is inevitable. But by using the right solutions, you can reduce technical debt and, instead, use it for your business advancement. Does this excite you? If yes, then let us see that how you can move from technical debt to technical wealth. This article will guide you through definitions of technical debt and […]
Accounts Payable Automation – Overview, challenges, benefits, use cases
Industries across the spectrum spend significant amounts of time on manual, labor-intensive accounts payable processes. According to a research report, it takes anywhere between 4 and 16 days to process an invoice from receipt to payment. Incidentally, up to 76% of this process requires manual effort from the Accounts Payable Team. In spite of organizations investing significant […]
How RPA Complemented by NLP, ML, and AI Delivers Intelligent Automation
“The first rule of any technology used in a business is that automation applied to an efficient operation will magnify the efficiency. The second is that automation applied to an inefficient operation will magnify the inefficiency.” – Bill Gates has famously said about automation. With emerging technology like Robotics Process Automation (RPA), it’s true that […]
4 ways in which financial institutions are leveraging RPA for fraud detection
The Banking and Financial Services sector is heavily reliant on standard processes and systems. The BFSI sector is also one that is highly susceptible to fraud and fraudulent behavior. Especially in the wake of COVID-19 and new digital initiatives, there has been a rise in incidents of fraud and the threat is only looking large. As […]
10 Key RPA Trends to Watch Out for in 2022
Process automation plays a critical role in today’s digital transformation technology stack. The rapid adoption and implementation of RPA (robotic process automation) is evident. According to Gartner, the RPA market will grow at double digit rates through 2024 despite economic pressures from the pandemic. This bodes well for RPA consultants. Some of the key factors that drive adoption of […]
Pharmacy Automation for Increased Process Capacity.
Synopsis The pharmaceutical sector is a significant player in the healthcare ecosystem. It is responsible for developing vaccines and medications to prevent and reduce morbidity rates. It affects the global population by providing drugs to treat ailments, infections, and diseases and maintain health. In a pharmacy setting, medication errors directly affect the patient’s life. As […]