Description Express your opinion regarding how robotic processing automation (RPA) will help fraud detection. I am attaching some PDF documents that can be used for citation. 3 attachmentsSlide 1 of 3attachment_1attachment_1attachment_2attachment_2attachment_3attachment_3.slider-slide > img { width: 100%; display: block; } .slider-slide > img:focus { margin: auto; } Unformatted Attachment Preview Robotics Processing Automation (RPA) Awareness This overview is provided for UMGC accounting students via our partnership with UiPath, a leader in robotics processing automation. academy.uipath.com RPA Awareness Training Lesson 3 RPA Journey & COE Enablement academy.uipath.com Course agenda 1 Implementation scenarios 5 Building a robotic operating team 2 A typical 3 step approach 6 A successful RPA implementation 3 Typical project team structure 7 Main inhibitors of RPA implementation 4 RPA Center Of Excellence types Implementation scenarios Undertaking an RPA journey will enable companies to plan and leverage the technology on an enterprise-wide basis, integrate siloed operations, applications and data, build internal capabilities to adapt and scale and bring business value along with competitive advantages. TOOL-FOCUSED RPA IMPLEMENTATION o The client purchases a license for the RPA tool o The RPA provider operates as technical support (optionally) o The implementation is led by the client ASSISTED RPA IMPLEMENTATION o The client can involve a consultancy partner to be able to deliver a seamless RPA Implementation o The organizational transition and KT is ensured RPA AS A SERVICE o The client buys the RPA solution as a service o The service provider takes responsibility of the entire implementation o The client focuses only on the business value added A typical 3 step approach 1. PoC 2. Pilot 3. Roll-out 3-6 weeks 10-12 weeks Subject to scope Proof of Concept: A quick 30 day PoC on a selected process to validate the applicability of RPA/ IPA. Piloting of additional processes with a parallel set-up of governance & roll-out planning. Roll-out of the Robotics Factory for all relevant business processes and handover to the customer. UiPath Partners BPO/RPA Integrators Responsible for: • Business perspective • Project management support • COE enablement . Responsible for: • Providing licenses • PoC implementation • L2 & 3 technical support & maintenance • Enablement of COE (Custom Expert trainings) Program Management Typical project team structure Program Manager Transition Team Project 1 Technical Lead Project 2 Project 3 Infra SA 1 Lead Dev PM 1 SA 2 Lead Dev PM 2 SA 3 Lead Dev PM 3 Dev Team 1 BA 1 Dev Team 2 BA 2 Dev Team 3 BA 3 SA Lead– Solution Architect Lead PM – Project Manager BA – Business Analyst RPA Center Of Excellence Types There are various models for COEs ranging from a centralized delivery model, to a model where the COE empowers other business units to build their own COEs within a framework set out by a central COE, or totally independent from each other. HYBRID One main RPA COE, linked to several smaller RPA COEs dedicated to business units CENTRALIZED FEDERATED One RPA COE serving all Business Units Independent RPA COEs within each business unit Business Unit Business Unit Business Unit Business Unit Center of Excellence (COE) Business Unit Business Unit Center of Excellence (COE) COE Business Unit Business Unit Business Unit Business Unit Business Unit Business Unit Business Unit COE Business Unit COE Business Unit Business Unit COE Business Unit COE COE COE Business Unit Business Unit COE COE Business Unit Business Unit There are various models for COEs ranging from a centralized delivery model, to a model where the COE empowers other business units to build their own COEs within a framework set out by a central COE, or totally independent of each other. Building a robotic operating team RPA Project Manager Forms the RPA team to build the setup and deliver the program across business units. Manages the RPA ream and the business stakeholders to achieve the expected automation results. RPA Infrastructure Engineer RPA Service Support O T Handles server installations and troubleshooting. O T T RPA Solution Architect Defines the Architecture of the RPA solution and is a guardian of the overall performance of the agreed solution. RPA Sponsor Initiates the idea of automation, underwrites resources and protects progress into business adoption. T O RPA Developer Designs, develops and tests the automation artifacts. First-line support for the RPA solution deployed. O RPA Supervisor Administers, orchestrates and controls the virtual workforce in the operational environment. O T RPA Business Analyst T Creates the process definitions and process maps used for automation. RPA Change Manager Slide 8 Creates a change and communicates a plan, which is aligned to the project deliverables, in order to ease RPA adoption within the company. RPA Operations O T RPA Transitions A successful RPA implementation Key features 1 Cultural adoption o Active executive-level RPA sponsor o Strong and operationally efficient Robotics Operating Model o Dedicated Change Management teams 2 IT engagement o Onboard IT function early-on to convey strong governance o IT will ensure requirements for security, scalability, auditability, business recovery and change management are properly met will 3 In house RPA capability o RPA is a strategic capability o RPA aims to evolve, leverage scale and increase business value Main inhibitors of RPA Implementation Service delivery Documentation MAIN INHIBITORS Lack of buy-in Culture The Leading Enterprise RPA Platform Thank you! We have reached the end of Lesson III. Please proceed to Lesson IV where we will review the RPA solutions provided by UiPath. 11 academy.uipath.com Robotics Processing Automation (RPA) Awareness This overview is provided for UMGC accounting students via our partnership with UiPath, a leader in robotics processing automation. academy.uipath.com RPA Awareness Training Lesson 2 Processes fit for RPA academy.uipath.com Course agenda 1 The time for RPA Is Now! 2 RPA Adoption Across Processes And Industries 3 What Process Should I Automate? 4 Processes Every Company Should Automate The time for RPA Is Now! Why RPA? And Why Now? RPA AND INDUSTRY IMPACT CURRENT AND FUTURE INDUSTRY RPA ADOPTION Current adoption In five years 63% 33% 25% 15% of tasks across every job category will be automated by 2019 SOURCE: Forester Research 2015 31% 23% 24% 9% 8% 20% 6% 18% 4% 13% 3% 3% 11% 4% 11% 3% 6% RPA RATE OF JOB TRANSFORMATION 64% 60% 51% 40% 9% 19% 29% ’15 ’16 ’17 ’18 ’19 ’20 Manual business and financial 52% 48% 8% 17% 27% 37% ’15 ’16 ’17 ’18 ’19 ’20 Professional and related 32% 7% 41% 14% 3% ’15 ’16 ’17 ’18 ’19 ’20 Sales and related 7% 15% 23% 32% 42% 52% ’15 ’16 ’17 ’18 ’19 ’20 Office and admin support RPA Adoption Across Processes And Industries RPA is high priority for most global in-house centers FINANCE AND ACCOUNTING PROCUREMENT HUMAN RESOURCES CONTACT CENTER INDUSTRY SPECIFIC PROCESSES BANKING Cards activation Frauds claim discovery INSURANCE Claims processing New business preparation HEALTHCARE Reports automation System reconciliation MANUFACTURING Bills of Material generation HI-TECH&TELECOM Service order management Quality reporting ENERGY&UTILITIES Account setup Meter reading validation Accounts receivable, Accounts Payable, General Ledger Invoice processing, from requisition to issue of purchase order Payroll, hiring, data management Customer service Legend: High RPA Medium ADOPTION EXTENT Low What Process Should I Automate? Guide to Choose the Best Candidate Processes for Automation Highly manual and repetitive processes Processes with standard readable electronic Input Type Changeable Processing Method or System Change o High transaction volume processes o Highly frequent processes running daily, weekly (instead of monthly or yearly, which involve lots of manual work or work prone to human error) o Triggered by standard and consistent inputs. The inputs should be in a readable input type like Excel, Word, email, XML, PPT, readable PDFs etc o Triggered by input types which are not readable (scanned images with no OCR are not prone to automation.) o The processing method cannot be changed o Fundamental changes are not required in the underlying technical architecture of the current systems (e.g new interface development or changes in configuration for existing systems to enable automation) o We strongly recommend to avoid automating a process that will be changed in the short term Rule-Based Processes High Volumes Automation Savings o Activities with clear processing instructions (template-driven), with decision making based on standardized and predictive rules o Processes with high transaction volumes (and high frequency). o It’s recommended to automate only the processes that can provide a saving in terms of human work-effort of minimum 2 FTEs Low Exception rate Mature and stable processes o Activities with low number of variation scenarios existing in the process leading to different handling procedures o Well documented, stable, predictable o Known operational costs What Process Should I Automate? Guide to Choose the Best Candidate Processes for Automation Yes Yes No START Processing method can be changed? High process volumes? No Highly manual & repetitive process? Yes Yes Rule Based process? Readable electronic input types?* Yes Standard inputs? Yes Yes Low exception rate? Yes Investigate potential tactical solutions Will minor automation improve the process? No No No No Apply process improvement initiatives No Implement Self Service No Low Exceptions Rate High Volume Transactions Process C Standard Input Types Process B Electronic Readable Input Types Deep system changes required? RPA Process C Process A Rule Based Processes Process B AUTOMATION SCALE Highly Manual and Repetitive work Process A Yes No In order to benefit from a rapid ROI, choose processes that passed through a transformation initiative using the Lean Six Sigma methodology. Process Characteristics Investigate options for system integration System changes * Readable Input Type = Excel, Word, email, XML, PPT, readable PDFs etc. Non-readable input type: scanned image with no OCR Process A is the best fit for automation, followed by Process B, while Process C should be subject to a Lean Six Sigma transformation approach prior to considering automating it. Processes Every Company Should Automate HR Services Supply Chain Data Entry Inventory management Payroll Joiners, Movers, Leavers Demand and supply planning HR Services Time & attendance Management Invoice and contract management Due to the huge amount of repetitive, often manual, administrative tasks, under the shape of form fillings, data capturing, updating and disseminating and large number of request processing, HR is a gold mine of opportunities for automation Benefits Administration Recruitment (back office) Compliance and Reporting Personnel Administration Work order management Returns processing Freight management Procure to Pay (AP) Finance and Accounting Record to Report Vendor Management Collections Incentive Claims Sales Order Finance and Accounting Supply chain problems cost companies between 9-20% of their value over a period of 6 months. The processes mentioned in this slide are typically prone to automation and represent typical area of improvement in any supply chain operations. Software deployment Order to Cash F&A is another area where automation can have significant positive impact on cost savings, improved efficiency and streamline processes, when applied Supply Chain AUTOMATION Server and app monitoring Routine maintenance & monitoring Email processing and distribution Batch Processing Password reset/unlock Back up & restoration IT Services Other Areas for Automation Besides typical horizontal services, there are other organizational activities that can fall easily under the scope of any automation strategy IT Services With an estimated 30% of time spent on low level tasks, IT is compelled to embrace automation as a way to focus on the initiatives that require innovative thinking, and be able to tackle with the critical organizational tasks currently consuming much of their time. The Leading Enterprise RPA Platform Thank you! We have reached the end of Lesson II. Please proceed to Lesson III where we will how to drive the implementation of RPA in your firm. 9 academy.uipath.com Robotics Processing Automation (RPA) Awareness This overview is provided for UMGC accounting students via our partnership with UiPath, a leader in robotics processing automation. academy.uipath.com RPA Awareness Training Lesson 1 The basics of RPA academy.uipath.com Course agenda 1 What is RPA? 4 Our journey 2 Key Market Drivers 5 Benefits 3 Companies’ Operating Model Evolution What is RPA? Automation that interacts with a computer-centric process with a software User Interface providing support Test Strategy RPA aims to replace repetitive tasks performed by humans, with a virtual workforce. Humans then make judgmental calls, handle exceptions and provide oversight Test Closure Test Execution RPA configures software that will automate the activities or tasks previously performed by humans Robotic automation uses a computer (a.k.a. robot) to run application software in the exact same way that a person works with that software Key Market Drivers Cost pressure Growth Outsourcing Market Saturation Customer expectations New Technology Compliance & Regulations Companies’ Operating Model Evolution Centralized Processes (Shared Services) Outsourced Processes (BPO, ITO) Globally Standardiz ed Processes (GBS) Partially Automated Processes through Scripting, BPM Automated Processes through Enterprise RPA Automated Processes through Cognitive, AI The Leading Enterprise RPA Platform Benefits RAPID ROI ENHANCED PROCESSES BETTER CUSTOMER EXPERIENCE IMPROVED SERVICE DELIVERY ENHANCED ABILITY TO MANAGE COST REDUCTION NON – INVASIVE TECHNOLOGY INCREASED COMPLIANCE ELIMINATE REPEATITIVE WORK INSIGHTS AND ANALYTICS SCALABILITY AND FLEXIBILITY 7 The Leading Enterprise RPA Platform Thank You We have reached the end of Lesson I. Please proceed to Lesson II where we will see which processes are suitable for automation. academy.uipath.com 8 Purchase answer to see full attachment Explanation & Answer: 3 Paragraphs Tags: RPA amp Fraud Detection robotic processing automation market driver software configuration as a robot robotics is effective in fraud detection User generated content is uploaded by users for the purposes of learning and should be used following Studypool’s honor code & terms of service.

Description

Express your opinion regarding how robotic processing automation (RPA) will help fraud detection. I am attaching some PDF documents that can be used for citation.

3 attachmentsSlide 1 of 3attachment_1attachment_1attachment_2attachment_2attachment_3attachment_3.slider-slide > img { width: 100%; display: block; }
.slider-slide > img:focus { margin: auto; }

Unformatted Attachment Preview

Robotics Processing
Automation (RPA)
Awareness
This overview is provided for
UMGC accounting students via our
partnership with UiPath, a leader
in robotics processing automation.
academy.uipath.com
RPA Awareness Training
Lesson 3
RPA Journey & COE Enablement
academy.uipath.com
Course agenda
1
Implementation scenarios
5
Building a robotic operating team
2
A typical 3 step approach
6
A successful RPA implementation
3
Typical project team structure
7
Main inhibitors of RPA implementation
4
RPA Center Of Excellence types
Implementation scenarios
Undertaking an RPA journey will enable companies to plan and leverage the technology on an enterprise-wide basis, integrate siloed operations,
applications and data, build internal capabilities to adapt and scale and bring business value along with competitive advantages.
TOOL-FOCUSED RPA
IMPLEMENTATION
o The client purchases a license for the
RPA tool
o The RPA provider operates as technical
support (optionally)
o The implementation is led by the client
ASSISTED RPA
IMPLEMENTATION
o The client can involve a consultancy
partner to be able to deliver a seamless
RPA Implementation
o The organizational transition and KT is
ensured
RPA AS
A SERVICE
o The client buys the RPA solution as a
service
o The service provider takes responsibility
of the entire implementation
o The client focuses only on the business
value added
A typical 3 step approach
1.
PoC
2.
Pilot
3.
Roll-out
3-6 weeks
10-12 weeks
Subject to scope
Proof of Concept: A quick 30 day PoC on
a selected process to validate the
applicability of RPA/ IPA.
Piloting of additional processes with a
parallel set-up of governance & roll-out
planning.
Roll-out of the Robotics Factory for all
relevant business processes and
handover to the customer.
UiPath Partners
BPO/RPA Integrators
Responsible for:
• Business perspective
• Project management support
• COE enablement
.
Responsible for:
• Providing licenses
• PoC implementation
• L2 & 3 technical support & maintenance
• Enablement of COE (Custom Expert trainings)
Program
Management
Typical project team structure
Program
Manager
Transition
Team
Project 1
Technical
Lead
Project 2
Project 3
Infra
SA 1
Lead Dev
PM 1
SA 2
Lead Dev
PM 2
SA 3
Lead Dev
PM 3
Dev Team 1
BA 1
Dev Team 2
BA 2
Dev Team 3
BA 3
SA Lead– Solution Architect Lead
PM – Project Manager
BA – Business Analyst
RPA Center Of Excellence Types
There are various models for COEs ranging from a centralized delivery model, to a model where the COE empowers other
business units to build their own COEs within a framework set out by a central COE, or totally independent from each other.
HYBRID
One main RPA COE, linked to several smaller RPA
COEs dedicated to business units
CENTRALIZED
FEDERATED
One RPA COE serving all Business Units
Independent RPA COEs within each business unit
Business
Unit
Business
Unit
Business
Unit
Business
Unit
Center of
Excellence
(COE)
Business
Unit
Business
Unit
Center of
Excellence
(COE)
COE
Business
Unit
Business
Unit
Business
Unit
Business
Unit
Business
Unit
Business
Unit
Business
Unit
COE
Business
Unit
COE
Business
Unit
Business
Unit
COE
Business
Unit COE
COE
COE
Business
Unit
Business
Unit
COE
COE
Business
Unit
Business
Unit
There are various models for COEs ranging from a centralized delivery model, to a model where the COE empowers other business units to build their own COEs within a framework set
out by a central COE, or totally independent of each other.
Building a robotic operating team
RPA Project Manager
Forms the RPA team to build the setup and deliver the program
across business units. Manages the RPA ream and the business
stakeholders to achieve the expected automation results.
RPA Infrastructure Engineer
RPA Service Support
O T
Handles server installations and troubleshooting.
O
T
T
RPA Solution Architect
Defines the Architecture of the RPA solution
and is a guardian of the overall performance of
the agreed solution.
RPA Sponsor
Initiates the idea of
automation, underwrites
resources and protects
progress into business
adoption.
T
O
RPA Developer
Designs, develops and tests the
automation artifacts.
First-line support for the RPA solution
deployed.
O
RPA Supervisor
Administers, orchestrates and controls the virtual
workforce in the operational environment.
O
T
RPA Business Analyst
T
Creates the process definitions
and process maps used for automation.
RPA Change Manager
Slide
8
Creates a change and communicates a plan, which
is aligned to the project deliverables, in order to
ease RPA adoption within the company.
RPA Operations
O
T
RPA Transitions
A successful RPA implementation
Key features
1
Cultural adoption
o Active executive-level RPA sponsor
o Strong and operationally efficient Robotics Operating Model
o Dedicated Change Management teams
2
IT engagement
o Onboard IT function early-on to convey strong governance
o IT will ensure requirements for security, scalability, auditability,
business recovery and change management are properly met will
3
In house RPA capability
o RPA is a strategic capability
o RPA aims to evolve, leverage scale and increase business value
Main inhibitors of RPA Implementation
Service delivery
Documentation
MAIN
INHIBITORS
Lack of buy-in
Culture
The Leading Enterprise RPA Platform
Thank you!
We have reached the end of
Lesson III. Please proceed to
Lesson IV where we will review the
RPA solutions provided by UiPath.
11
academy.uipath.com
Robotics Processing
Automation (RPA)
Awareness
This overview is provided for
UMGC accounting students via our
partnership with UiPath, a leader
in robotics processing automation.
academy.uipath.com
RPA Awareness Training
Lesson 2
Processes fit for RPA
academy.uipath.com
Course agenda
1
The time for RPA Is Now!
2
RPA Adoption Across Processes And
Industries
3
What Process Should I Automate?
4
Processes Every Company Should
Automate
The time for RPA Is Now!
Why RPA? And Why Now?
RPA AND INDUSTRY IMPACT
CURRENT AND FUTURE INDUSTRY RPA ADOPTION
Current adoption
In five years
63%
33%
25%
15%
of tasks across every job
category will be
automated by 2019
SOURCE:
Forester Research 2015
31%
23%
24%
9%
8%
20%
6%
18%
4%
13%
3%
3%
11%
4%
11%
3% 6%
RPA RATE OF JOB TRANSFORMATION
64%
60%
51%
40%
9%
19%
29%
’15 ’16 ’17 ’18 ’19 ’20
Manual business and
financial
52%
48%
8%
17%
27%
37%
’15 ’16 ’17 ’18 ’19 ’20
Professional and related
32%
7%
41%
14%
3%
’15 ’16 ’17 ’18 ’19 ’20
Sales and related
7%
15%
23%
32%
42%
52%
’15 ’16 ’17 ’18 ’19 ’20
Office and admin support
RPA Adoption Across Processes And Industries
RPA is high priority for most global in-house centers
FINANCE AND
ACCOUNTING
PROCUREMENT
HUMAN RESOURCES
CONTACT CENTER
INDUSTRY SPECIFIC
PROCESSES
BANKING
Cards activation
Frauds claim discovery
INSURANCE
Claims processing
New business preparation
HEALTHCARE
Reports automation
System reconciliation
MANUFACTURING
Bills of Material generation
HI-TECH&TELECOM
Service order management
Quality reporting
ENERGY&UTILITIES
Account setup
Meter reading validation
Accounts receivable,
Accounts Payable, General
Ledger
Invoice processing, from
requisition to issue of
purchase order
Payroll, hiring, data
management
Customer service
Legend: High
RPA
Medium
ADOPTION
EXTENT Low
What Process Should I Automate?
Guide to Choose the Best Candidate Processes for Automation
Highly manual and repetitive
processes
Processes with standard readable
electronic Input Type
Changeable Processing Method or
System Change
o High transaction volume processes
o Highly frequent processes running daily,
weekly (instead of monthly or yearly, which
involve lots of manual work or work prone to
human error)
o Triggered by standard and consistent inputs.
The inputs should be in a readable input type
like Excel, Word, email, XML, PPT, readable PDFs
etc
o Triggered by input types which are not readable
(scanned images with no OCR are not prone to
automation.)
o The processing method cannot be changed
o Fundamental changes are not required in the
underlying technical architecture of the current
systems (e.g new interface development or
changes in configuration for existing systems to
enable automation)
o We strongly recommend to avoid automating a
process that will be changed in the short term
Rule-Based Processes
High Volumes
Automation Savings
o Activities with clear processing instructions
(template-driven), with decision making
based on standardized and predictive rules
o Processes with high transaction volumes (and
high frequency).
o It’s recommended to automate only the
processes that can provide a saving in terms of
human work-effort of minimum 2 FTEs
Low Exception rate
Mature and stable processes
o Activities with low number of variation
scenarios existing in the process leading to
different handling procedures
o Well documented, stable, predictable
o Known operational costs
What Process Should I Automate?
Guide to Choose the Best Candidate Processes for Automation
Yes
Yes
No
START
Processing method can
be changed?
High process volumes?
No
Highly manual
& repetitive
process?
Yes
Yes
Rule
Based process?
Readable
electronic
input types?*
Yes
Standard
inputs?
Yes
Yes
Low exception
rate?
Yes
Investigate potential
tactical solutions
Will minor automation
improve the process?
No
No
No
No
Apply process
improvement
initiatives
No
Implement Self Service
No
Low Exceptions Rate
High Volume Transactions
Process C
Standard Input Types
Process B
Electronic Readable Input Types
Deep system changes
required?
RPA
Process C
Process A
Rule Based Processes
Process B
AUTOMATION SCALE
Highly Manual and Repetitive work
Process A
Yes
No
In order to benefit from a rapid ROI, choose processes that passed through
a transformation initiative using the Lean Six Sigma methodology.
Process Characteristics
Investigate options for
system integration
System changes
* Readable Input Type = Excel, Word, email, XML, PPT, readable PDFs etc. Non-readable input type: scanned image with no OCR
Process A is the best fit for automation, followed by Process B, while
Process C should be subject to a Lean Six Sigma transformation
approach prior to considering automating it.
Processes Every Company Should Automate
HR Services
Supply Chain
Data Entry
Inventory management
Payroll
Joiners, Movers, Leavers
Demand and supply planning
HR Services
Time & attendance Management
Invoice and contract management
Due to the huge amount of repetitive, often manual,
administrative tasks, under the shape of form fillings, data
capturing, updating and disseminating and large number
of request processing, HR is a gold mine of opportunities
for automation
Benefits Administration
Recruitment (back office)
Compliance and Reporting
Personnel Administration
Work order management
Returns processing
Freight management
Procure to Pay (AP)
Finance and Accounting
Record to Report
Vendor Management
Collections
Incentive Claims
Sales Order
Finance and Accounting
Supply chain problems cost companies between 9-20% of
their value over a period of 6 months. The processes
mentioned in this slide are typically prone to automation
and represent typical area of improvement in any supply
chain operations.
Software deployment
Order to Cash
F&A is another area where automation can have
significant positive impact on cost savings,
improved efficiency and streamline processes,
when applied
Supply Chain
AUTOMATION
Server and app monitoring
Routine maintenance & monitoring
Email processing and distribution
Batch Processing
Password reset/unlock
Back up & restoration
IT Services
Other Areas for Automation
Besides typical horizontal services, there are other
organizational activities that can fall easily under the
scope of any automation strategy
IT Services
With an estimated 30% of time spent on low level tasks, IT
is compelled to embrace automation as a way to focus on
the initiatives that require innovative thinking, and be
able to tackle with the critical organizational tasks
currently consuming much of their time.
The Leading Enterprise RPA Platform
Thank you!
We have reached the end of
Lesson II. Please proceed to Lesson
III where we will how to drive the
implementation of RPA in your
firm.
9
academy.uipath.com
Robotics Processing
Automation (RPA)
Awareness
This overview is provided for
UMGC accounting students
via our partnership with
UiPath, a leader in robotics
processing automation.
academy.uipath.com
RPA Awareness
Training
Lesson 1
The basics of RPA
academy.uipath.com
Course agenda
1
What is RPA?
4
Our journey
2
Key Market Drivers
5
Benefits
3
Companies’ Operating Model
Evolution
What is RPA?
Automation that
interacts with a
computer-centric
process with a
software User
Interface providing
support
Test
Strategy
RPA aims to replace
repetitive
tasks performed by
humans, with a virtual
workforce. Humans
then make judgmental
calls, handle
exceptions and provide
oversight
Test
Closure
Test
Execution
RPA configures
software that will
automate the
activities or tasks
previously performed
by humans
Robotic
automation uses a
computer (a.k.a. robot)
to run application
software in the exact
same way that a
person works with that
software
Key Market Drivers
Cost pressure
Growth
Outsourcing
Market
Saturation
Customer expectations
New Technology
Compliance &
Regulations
Companies’ Operating Model Evolution
Centralized
Processes
(Shared
Services)
Outsourced
Processes
(BPO, ITO)
Globally
Standardiz
ed
Processes
(GBS)
Partially
Automated
Processes
through
Scripting, BPM
Automated
Processes
through
Enterprise
RPA
Automated
Processes
through
Cognitive, AI
The Leading Enterprise RPA Platform
Benefits
RAPID ROI
ENHANCED
PROCESSES
BETTER CUSTOMER
EXPERIENCE
IMPROVED SERVICE
DELIVERY
ENHANCED ABILITY
TO MANAGE
COST REDUCTION
NON – INVASIVE
TECHNOLOGY
INCREASED
COMPLIANCE
ELIMINATE
REPEATITIVE
WORK
INSIGHTS AND
ANALYTICS
SCALABILITY AND
FLEXIBILITY
7
The Leading Enterprise RPA Platform
Thank You
We have reached the end of
Lesson I. Please proceed to
Lesson II where we will see
which processes are
suitable for automation.
academy.uipath.com
8

Purchase answer to see full
attachment

Explanation & Answer:
3 Paragraphs

Tags:
RPA amp Fraud Detection

robotic processing automation

market driver

software configuration as a robot

robotics is effective in fraud detection

User generated content is uploaded by users for the purposes of learning and should be used following Studypool’s honor code & terms of service.