RPA stands for Robotic Process Automation and it is one of the most trend topics among new technologies. Concept of RPA is simply based on changing real employees with virtual ones. Especially for processes which are highly repetitive, rule based and consume huge amount of time/effort. Adding to operational use cases of RPA, it can also be widely use for control activities of processes which has financial risk and can't tolerate human error. Such as information validation, invoice controls, payment transactions approvals, and etc.
Initial and Major usage area of RPA is financial services industry for now. Alongside FS, RPA trend is rapidly spreading among industries like, Products , Media & Telecommunication, Health & Government.
For corporate benefits side, RPA has a huge potential for professional organizations to improve their opreational excellence, increase in revenue generation, cost saving and risk minimization.
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