6 Myths about Robotic Process Automation You should Break Today!

By POOJA BISHT |Email | May 22, 2019 | 2451 Views

The popularity of RPA in businesses in the recent time in managing various of the complex tasks in a relatively lesser amount of time with greater process quality and minimal errors have also given rise to various misconceptions about the amazing technology. Let's explore these myths in the present article and discuss the underlying thing in it. This article will be very helpful for you to take RPA as it originally is rather how people interpret about it.
Let's begin.

  • RPA is all about Physical Robots
Whenever people hear about Robotic Process Automation a sense of Physical Robots arise in the minds due to the word 'Robotic' in Robotic Process Automation and a general conception about the existence of physical robots develops in the mind. But, there is nothing like physical robots in Robotic Process Automation and RPA does not involve any type of physical robots as in the case of industrial robots which are used in the manufacturing plant.  In fact, RPA is all about the use of software Robots which are used in businesses to enhance the business operations.

  • RPA will give rise to Unemployment
This is the most general and common misconception that people have with regards to RPA. People think that RPA will automate everything in business operation and ultimately job will be lost due to it, resulting in a high level of unemployment. It is true that RPA manages to do all those complex tasks in much lesser time as compared to humans and is much reliable as compared to a human but this doesn't mean that RPA will take away jobs. In fact, the use of RPA will create more job opportunities in terms of controlling and operating the processes using RPA. "The use of Technology obviously takes some roles of people from one area but impart many opportunities in other areas." You can see how the Internet, Artificial Intelligence and many of the technologies have created more job opportunities than we ever expected. In the starting of implementing these technologies, there was also a conception of Unemployment that spread but it ends soon when the technology created so many opportunities for the human workforce.

  • RPA only Cuts cost to the business
There is a widespread belief that RPA can only be used in businesses to cut business costs ignoring all other benefits that can be leveraged by deploying RPA in businesses. This is also a reason why some businesses are still reluctant to the use of RPA, as they are known of the single benefit provided by RPA. But, there are a number of benefits provided by RPA, some of them are mentioned below:
Improves Productivity of the workforce, as the complex tasks involving a lot of time of the potential employees can now be done using RPA, and employees can focus their majority time doing productive tasks.
  1. Process Quality using RPA gets improved as tasks completed by using RPA are done with good precision and accuracy and minimal errors are involved in it. Also, it is a fact that machines are low at errors as compared to humans. So the quality of the work done by using an RPA has good quality as that over a machine.
  2. Improves Productivity of the employees as the most complex and time-consuming tasks are done by RPA and employees are left with the other productive tasks in businesses.
  3. Also, RPA provides analysis and insights out of the business data which makes it furthermore useful for businesses as businesses now can analyze their historical and present data, can gather insights and take big business decisions using RPA.

  • RPA is error-free
It is a major conception of anyone hearing about software or machines. Everyone thinks that if the software is deployed for certain work or a machine is used for managing some complex tasks than the output given by it are always 100% accurate, which is obviously not the case. Yes, it is true that using RPA involves minimal errors but it would be wrong to say that RPA is 100% free. No software is 100% error free. There could be some errors that can arise in the software which could lead to error in results and must be checked at the regular time to avoid those. Good IT professionals should be deployed over these matters.

  • Implementing RPA is expensive
It is also a reason why many of the businesses are not implementing RPA in their business. Although it is true that Implementing RPA will involve some kind of initial costs that are high for any company. But, it also true that after implementing the technology businesses will reap benefits in terms of their lower costs, improved flexibility, improved productivity, the improved quality they had never experienced before. There are some initial installation costs involved in RPA but the later benefits are so high to take those installation costs.

  • RPA is limited to a particular business
It is the most false belief that people have about RPA. When the technology can be used for controlling and managing several of the back office tasks in healthcare, financial and businesses, Retail it is always taken as limited to businesses only. RPA can be used in any sector where are back-office tasks or computer entry tasks requiring greater human involvement. The technology can serve as a boon to the various industries in scaling their growth.

Source: HOB