Some common tasks that robots can automate include data extraction and migration, web scraping, data management and customer segmentation. This technology can be applied to different industries such as:
1. Business administration
One of the more headache-inducing tasks in business admin is the procurement process, or the process of planning, monitoring, and purchasing a good or service.
Using RPA software, businesses can automate many of the administrative tasks associated with procurement. For example, robots can be deployed to monitor inventory levels and trigger a response when inventory is low.
Using RPA with OCR capabilities, robots can scan and extract invoice data accurately and post it to the accounting system.
2. Healthcare
Shifts at the hospital can be mentally and physically draining, and the last thing a med tech needs is to stay up on repetitive, low-priority tasks.
RPA software can easily keep medical records up to date, automate order entry, decision support, and claim processing. This could free up time for med techs, allowing them to accomplish more throughout the day.
3. Financial services
Accurate credit scoring and fraud detection are some of the more tedious but necessary tasks in the financial services industry. Fortunately, many bots can be deployed at once to comb through accounts and transaction data to detect fraudulent behavior.
In banking, RPA software is successfully reducing the need for pricey human analysts through the automation of account closures, direct debit cancellations, audit reports, and much more.
