Digital

Measure RPA performance

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One key question post RPA implementation is how to Measure automation performance, what are key metrics and a gauge to ensure RPA implementation is successful for your organization. Below are four key measurement indicators Financial Impact Average annual cost savings Five-year cost savings Payback period Long term (Five-years) return on investment (download ROI calculator) Business Operational Value Process efficiencies: processing time Process effectiveness: daily throughput Improvement in data analytical capabilities Improvement to regulatory compliance/accuracy Workforce …

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RPA for SMB

RPA for SMB

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Robotic Process Automation is a high profile strategy which delivers tremendous efficiency gains, costs savings, improved compliance, audit trails, etc.  There are countless stories of low hanging fruits being picked at large enterprise organizations returning multiples of 5 and 10 times FTE cost savings through the use of RPA applications.   For SMB client the question remains as can they realize equivalent impacts?   RPA does still have impactful potential for SMB companies but the …

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Cognitive Automation

Smart Automation

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Intelligent / Cognitive Automation Cognitive automation, also sometimes referred as intelligent or smart automation is the fasted growing field within automation. As automation is mainstream business now, any discussion on RPA would surely get into conversation about Intelligent/Cognitive automation. What is Intelligent Automation While automation is old as the industrial revolution, digitization greatly increased activities that could be automated. Initial tools for automation, which includes scripts, macros (also read: https://www.luceats.com/macros-powershell-scripts-and-rpa/) and robotic process automation (RPA) …

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Data Analytics Blog

Data Analytics & RPA

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Robotic Process Automaton (“RPA”) can complement overall data analytics in multiple ways from data creation (data entry to reports & dashboard). In this article we will focus on essentially 2 critical function from data management standpoint. Create Meta Data. As BOTs executes and complete task(s), it creates can create logs or records for audit, analytical and/or diagnostic purposes. This meta data is used for several other purposes to embark next level journey Data enablement in …

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