The advent of Intelligent Process Automation (IPA) is transforming enterprise operations across a range of industries. IPA harnesses Artificial Intelligence (AI) with Machine Learning (ML) and Natural Language Processing (NLP) capabilities as well as Robotic Process Automation (RPA). The AI component transcends the limitations of RPA as it can automate the processing of unstructured content. This opens up an exciting range of possibilities of intelligent automation as unstructured content is a challenge for over 80% of enterprises. Moreover, it is growing at a rate of 50 – 60 % per year.
In part 1 of this blog series, we explored some of the possibilities for modern enterprises leveraging IPA. Here are a few more use cases where intelligent automation can drive significant operational improvements.
1. Accelerate Employee On-boarding
IPA can be tremendously useful when it comes to expediting the process of employee onboarding. There are many repetitive and data-intensive tasks during onboarding that can be automated. IPA can automatically generate and send out offers and initiate an automated workflow when an employee account is created.
Paperwork can be relatively high during employee onboarding and you can save a lot of paper when automating a fair chunk of onboarding-related documents. Businesses can eliminate delays in employee onboarding, accelerating the process exponentially. Your HR team will also be able to focus on higher-value tasks instead of being bogged down with repetitive, data-intensive tasks.
2. Improve Analytics
Attempting to eliminate as much human intervention from the process of data analytics is exceptionally important since it is a domain that ought to have a zero margin for error. The information collected at this stage will be leveraged by top-level executives to make important decisions that could alter the path of their business.
IPA can enhance this entire process of drawing insights by extracting information from sources that have unstructured content. It can also handle large volumes of data which is invaluable as the amount of business-related data is growing every year for companies. This provides timely insights that can drive better business decisions and outcomes.
3. Boost Operational Efficiency & Employee Productivity
Employees can be liberated from tedious, data-intensive tasks by implementing intelligent automation. This automation boosts operational efficiency massively by accelerating turnaround time and eliminating manual errors. Let the digital worker handle this grunt work while human employees focus on what humans do best, applying human creativity and intellect to tasks. This creates a powerful synergy where enterprises can unlock the maximum potential of their processes and employees to reach a new level of efficiency.
These are just some of the use cases where modern enterprises can reap value from this disruptive technology. The potential use cases for leveraging IPA solutions are practically countless and it is imperative to harness this technology as intelligent automation is rapidly becoming the new normal for a range of enterprise operations.
Gain a better idea of the possibilities of intelligent automation by reading Artificial Intelligence Trends for 2021 – Part 1/2. Alternatively, you could also explore Taking Hyperautomation to the Next Level for Modern Enterprises.
If you’re interested in finding out what automation can do for your business our team at Rapid Acceleration Partners would be glad to help. Our next-gen, AI-powered content intelligence platform RAPFlow enables full lifecycle AI orchestration on a single platform. When used in tandem with our RPA tool RAPBot, it provides end-to-end workflow automation capabilities that can be deployed in just weeks. You can even build your own use case and the platform can easily integrate with your existing systems. Book a demo to get a more detailed understanding of how our products can transform your business.