The implementation of RPA technology generates return on investment of up to 1000%

  • By 2025, a quarter of jobs will be automated; in 20 years the percentage will reach a rate of 40%
  • Cost reduction, coupled with the large increase in productivity will enable return on investment from 600 to 1000%

Over the next decade, robotics will become an essential piece for improving the efficiency of backoffice, extending to all those sectors that allow to automate the administrative tasks of reduced value. In fact, the data speak for themselves: by 2025 a quarter of jobs will be automated, while within 20 years the percentage will reach a rate of 40%.

Robotic Process Automation (RPA) is a flexible virtual workforce based on software that, following rule-based business processes and interacting with systems as a user does, allows developers to adapt automations to processes of a company in order to configure any repetitive tasks (record keeping, calculations, transactions…). In addition, RPA can automate any application regardless of its own or third-party (Citrix, .NET, HTML, Java, and Office), and is also compatible with Mainframe Terminals, SAP, Oracle, and many more systems.

RPA applications

RPA technology offers a wide variety of applications, as in areas of work related to back-office tasks in finance, purchasing or accounting will accelerate data entry, billing management or product sales information. On the other hand, remote management of IT infrastructures is enhanced by the RPA, which can improve service desk operations and control of network devices.

“The implementation of RPA technology -highlights José Miguel Cortina, managing partner of Vector Management Consulting- is a key part of driving a company’s digital transformation. Reducing the error rate, waiting times and time to market, coupled with the great increase in productivity and quality, leads to an increase in efficiency that can achieve return on investment from 600 to 1000%” He adds.

Benefits of using RPA

RPA helps digitally transform businesses as well as increase their value generation. Among its main advantages are:

  • Quality services: Higher accuracy and better customer service. The attention span of robots is unlimited and they do not make mistakes in their calculations, thus eliminating human failure.
  • Security: Alignment with existing network security policies and application access rights.
  • Cost reduction: The use of RPA allows to achieve great savings directly and indirectly.
  • Specialization of workers: Employees who performed those tasks assigned to the RPA can now have a more complex occupation, bringing more value to the company.
  • Increased sales: As a result of the efficiency and speed of robots, the service offered to real customers is almost immediate, increasing their satisfaction.
  • Increased profitability: Process efficiency is multiplied by 9

“The RPA does not require changes in the IT infrastructure, there is no integration requirement and therefore does not generate integration costs, it can be implemented with greater flexibility, higher speed and at a lower cost”, concludes José Miguel Cortina, partner Director of Vector Management Consulting