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Fortude (Pvt) Ltd
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Every day, we bring together diverse perspectives, strong leadership and responsible thinking to build a business that creates lasting value for our clients, people and communities.
Your nearest office- Sri Lanka
Fortude (Pvt) Ltd
146 Kynsey Road, Colombo 7, Sri Lanka
Email – talk-to-us@fortude.co
Phone – +94 11 453 1531
The bots are here to stay, they’re popular, and no wonder. Robotic Process Automation (RPA) is one of the top technology trends in the world today because of the multitude of benefits associated with it. RPA helps boost your organization’s bottom line, improves your team’s productivity, provides more data-driven business insights, ensures accuracy and efficiency of functions, makes your business processes more secure, and empowers your team to focus on creativity and innovation for long term growth.
However, technology implementations and deployment are not immune to failure — and the bots are no different. According to Ernst & Young, 30% to 50% of RPA projects fail in their experience. These numbers, however, should not discourage you because these failures are simply a result of poor planning and implementation; most of which can be overcome with a thorough RPA readiness assessment of your organization.
In this blog, we will guide on the key areas that you need to address before you get started with your RPA strategy so you can assess if your organization is ready for RPA or not. You can then embark on your RPA success story with a holistic plan and the right technology partner.
RPA must be a business priority in your organization. Its adoption is a top-down process, championed by an organization’s leadership team. Start organization-wide conversations with all teams (be it finance, HR, IT, marketing or customer services) early. Address the following at this initial stage:
The role of RPA is not to redesign your processes, it only automates it. While the goal of RPA is to optimize processes, a poorly performing and overly complex process riddled with operational inefficiencies and unnecessary steps that don’t add value will see very little benefit from RPA.To harness the full benefits of an RPA implementation, businesses must ensure that they have made a solid effort to improve the process by taking a second look at outdated standard operating procedures. Applying RPA to an inefficient process means that you also automate inefficiencies so start off by identifying process defects, gaps, and underutilized resources.
Ensure you have comprehensive workflow knowledge. Map out the entire process, with its bottlenecks and complications. Your workflows must be as frictionless as possible before you introduce RPA.
Review the processes to ensure that it is fully digitized with standard readable electronic inputs such as Excel, Word, email, XML, PPT, readable PDFs, web service payloads. If there are non-digitized inputs involved in the process, leverage AI-powered technologies like intelligent Optical Character Recognition (OCR) to scan data, digitize it, and structure data that is not structured or digitized.
Candidates for automation must be evaluated with the right criteria. Look at urgent business need, specific business cases, and low-hanging fruit. Think about your business needs and automate the right tasks. What are the tedious, routine, and mundane tasks that are also time consuming? Examples include file management, responding to the same customer queries repeatedly, time recording, raising orders, collecting data, etc. These are often best served by bots.
As success can be very context-specific, performing a cost-benefit analysis that considers all aspects of your business operations is a must for organizations before formulating an RPA strategy. To ensure that you are getting the best possible return on investment, focus on the following:
Implementing any new technology requires stakeholder buy-in at different levels across the enterprise – from the executive suite and the employees to external stakeholders such as customers and partners. It is not uncommon for conflicting views to emerge. On one hand, in-house tech teams may be wary of new technologies such as RPA as they may worry about rolling out new solutions while also managing existing, under-utilized technologies. On the other hand, employees may view RPA as a threat to their jobs. It is, therefore, necessary to actively engage stakeholders across the organization and address legitimate concerns related to visibility, access, controls, support, and management of the RPA environment and software bots. The organization must also clearly communicate the benefits of RPA to get by-in, and bridge knowledge gaps by training employees in the skills needed to fulfill their new, bot-powered roles.
RPA cannot compensate for outdated IT infrastructures so the business should work in close collaboration with the internal IT team and RPA consultants to build an RPA roadmap to ensure integration problems with existing systems do not arise.
A ‘business-led’ only implementation approach of RPA that does not integrate seamlessly with the wider IT infrastructure could put the implementation at risk. Inclusion of the organization’s DevOps team can help the business consider both technical and practical objectives when formulating the RPA strategy to ensure that enterprise is well-equipped to harness the full potential of RPA through scripts, bots and APIs.
RPA success does not merely depend on the technology alone – but it is also about the capabilities of the technology partner you select. Your technology partner must work with you throughout the entirety of your RPA adoption, implementation and optimization process.This includes providing the technology, relevant consultancy, implementation, and follow-up support along with setting up a test project.
Fortude works with organizations to build intelligent RPA solutions. At Fortude, our approach to automation does not stop at automating repetitive daily tasks. Our consultants will work with your leadership and technology teams across a range of functions:
Reduce the inventory reconciliation processing time from 3-4 hours to 10-20 minutes, freeing up the manufacturer’s resources to focus on the more strategic initiatives. This is a 90% reduction in the cycle time after the implementation of the RPA solution. Improve accuracy rates in the payment order creation process by 99% through automation. Each purchase order creation now saves 10 minutes, boosting efficiency within the team.
Completely automate the tedious, manual process of collecting new customer records by the integration of two ERP systems using connectors and APIs.
“ Charlie’s agentic capabilities are specifically designed to address the volatility inherent in fashion and retail planning.”
– John Doe
Global supply chain leader in apparel
embarks on unified analytics
In production, AI agents optimize processes for waste reduction and improved sustainability.