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What benefits can RPA bring to your business?
Implementing robotic process automation (RPA) isn’t just about cutting labour costs. Using robots can provide additional flexibility, greater accuracy and confidence that important processes are being followed to the letter. Here we outline all of the potential benefits to consider when compiling a business case.
The reduction of cost for low-value activities is one of the most talked about benefits of adopting RPA. In a webinar for ICAEW's 2018 Virtual Conference on digital disruption, David Wright, Consulting, Director at Deloitte, estimates that implementing RPA can reduce labour costs by up to 90%. However, achieving such reductions is reliant on identifying an onshore process that can be truly optimised through RPA.“There has been a lot of hype around robotics,” he says. “You need to be realistic on level of cost reduction that can be achieved and on the time needed to implement RPA.