If you happen to be in the business long enough, you might have a decent experience with BPM tools. However, with a significant rise of RPA, it takes away the spotlight from business process management, proving that it can improve any company in a short amount of time.
With the benefits it brings, there is no reason for you not to use this solution. Still, you need a few tips and guidelines to implementing RPA successfully. In this post, we got you covered with our tips from experts.
The Growth Of RPA
RPA is changing the way people operate their business. You might already hear this report that by 2020, Gartner claimed that robotic process automation will top $ 1billion in the digital market. Moreover, 40 percent of huge companies will adopt this technology compared to 10 percent today.
Experts from Hadoop predicted that by the year 2025, companies will have potential savings from $5 trillion to $7 trillion. Moreover, Statista claimed that by the year 2020, RPA will be worth $2.9 billion and $3.1 billion in 2019.
Tip#1: Check First The Economic Viability Of Automation
Before thinking about implementing RPA in your company, you must consider your company’s capability and economic viability. By doing this, it allows you to find the opportunists for your different departments. Also, it empowers you to see the right detail for the implementation process.
You might start asking questions like will my effort and investment have a better return or does the economic status make sense to invest in this tool. By completing this stage, you can proceed with ease and true success in the future.
Tip#2: Buy-In From Management And Stakeholders Is Essential
Ignoring the fact that buy-in from management and stakeholders is a must in RPA makes most company failed in the process. Without a clear vision from this group, implementing this solution is futile.
Make sure that you as leader of this vision share them the true purpose, benefits, and potential to each department. By doing so, they will have a clear sight of the opportunities RPA brings to the table, giving the company a strong confident and support for the implementation process.
Tip#3: Adjust the Speed The RPA With your Business Adoption Capabilities
Even though this is a common sense thing to do, most companies overlooked this stage. As you can see, the implementation time of RPA is short, allowing you to automate your activities faster and move to the next project.
In simple terms, you can add digital forces like bots and robots anytime you want. However, if your business adoption capabilities cannot handle the pace, doing so can lead to a disaster.
To achieve this stage properly, make sure that start from small step first, and as the company adjusts little by little, gradually increase the process as you see fits.