Small Business Tax Center
Small Business Ideas, Grants &
Plans to Start & Run a Business:

Small Business Grants
CyberSchmooz
Network in Cyberschmooz Community Ask Questions Questions and Answers Share Tips Small Business Ideas List Your Business Business Advice from Idea Cafe Experts Coffee Talk with Experts Starting A Business Business Plan Biz Planning | Sample Plans Small Business Ideas Idea Name Your Biz Name Plan Your Biz Plan Financing $ Starting a Business Do It! Running your Business Marketing Tips Promotional Merchandise Marketing Tips Marketing | Sales | Customers Human Resources HR | Employees | Contractors Legal Forms & Tax Information Legal | Biz Forms Managing a Business Managing | Operations
Financing Resources Financing Your Business E Commerce & Webhosting eCommerce Take Out Info Trade Publications FREE Trade Publications Business Books Biz Books Your Own Business Small Business News Small Biz News Gen X Biz Gen X Biz Work at Home Work @ Home Business Information The Fridge - Biz Info on Ice Destress Send Awards Send Awards & Greetings Yoga At Your Desk Yoga @ Your Desk Fun Guide Guide to Find FUN Online About Idea Cafe Press Idea Cafe has received Idea Cafe in the News Idea Cafe's Kudos Kudos for Idea Cafe Advertise on Idea Cafe Advertise on Idea Cafe Privacy Policy Privacy Policy Contact Idea Cafe Contact Idea Cafe Link to Idea Cafe Link to/from Idea Cafe Join Idea Cafe
Search Idea Cafe Site Directory Site Map Online directory to business resources Biz Web Guide



Expert Answers to Biz Questions

Listen in! Pick up some expert advice to a reader's question that we selected from CyberSchmooz.

color business bar

Making RPA Tools Work for Your Business: The Right Software Is Just the Beginning

 

Running a business in the 21stcentury has its positives and negatives. On the one hand, there are more opportunities and tools out there for the savvy entrepreneur to use. However, on the other hand, this increased number of provisions means more competition, more things to consider, and more responsibilities.

Fortunately, if you can learn to use technology in the correct way, it’s possible to mitigate many of the potential problems. One such innovation that’s become an essential tool for modern businesses is robotic process automation (RPA). Set to become an $8.75 billion industry by 2024, RPA is defined by Deloitte as software that deploys “robots” to “capture and interpret existing IT applications to enable transaction processing, data manipulation, and communication across multiple IT systems.”

Creating an Automated Workforce

Put simply, by using RPA tools, you can hand over responsibility for certain tasks to a piece of intelligent software. In general, the tasks will be those that are repetitive and rule-based. In other words, if you can input a set of commands for a robot to follow, you can let RPA tools do the work for you. However, as is the case with all technology, the best results don’t always come from an out-of-the-box solution. To integrate RPA tools into your business and benefit from a team of robots working alongside your human employees, some post-purchase work is required. Because a robot will often be plugged into a legacy system or replace it altogether, you need to carefully set the conditions under which it’s supposed to work.

Much like humans, computers aren’t born smart. Instead, they’re programmed to become smart, thanks to their ability to follow commands – and, in the case of machine learning, even self-teach. As a result, it’s important to “train” your RPA tools to operate in the ways you want.

But before that can happen, you need to identify where this technology can fit into your business. Using the latest RPA tools, you can complete this part of the integration process fairly easily. For example, with the Kryon RPA platform, users can run a process discovery scan after the initial installation. Once the software has read through the computerized tasks on the network, it will produce an overview of what can be automated and what can’t. From this, the user can turn on or off the robotic controls at their leisure.[DT1] 

A Robot Is Only as Smart as Its Owner Makes It

Once the tasks have been chosen, it’s then time to teach the robot how to operate. For instance, if your plan is to have a robot take control of your payroll (usually a simple and repetitive task), you’ll need to input the parameters it needs to follow. This could mean setting the software to read through static information such as your employee database and pay rates and then cross-reference this with live data such as hours clocked in and absences.

Once you’ve done that, the robot is off and running. However, this “training” is work you’ll have to put in up front. Essentially, if you want to run smart RPA tools, you need to feed them the right information. The time and effort involved are an important investment in your future RPA success, offering long-term benefits that can dwarf their cost.

Google      

Small Business Tax CenterIdea Cafe HomeSign UpBiz Grant CenterCyberSchmoozCoffee Talk with ExpertsPeople in Biz ProfilesStarting Your BizBiz PlanningRunning Your BizFREE Trade PublicationsMarketingFinancing Your BizHuman ResourcesLegal & Biz FormsManaging Your BizeCommerceYou and Your BizGen XWork@HomeThe FridgeDe-StressSend an AwardSend an eGreetingYoga @ Your DeskWeb GuideIdea Cafe in the NewsAbout Idea CafeAdvertise on Idea CafeContact UsPrivacy PolicySite MapSmall Biz News

Copyright 1995-2024, Idea Cafe Inc. Downloads are for personal use only, not for resale to others, and may not be reprinted in any form without written permission from Idea Cafe Inc.

DISCLAIMER: We hope whatever you find on this site is helpful, but be cautioned that it may not apply to your own situation, or be totally current at any given time. Idea Cafe Inc. and all of its current and past experts, sponsors, advertisers, agents, contractors and advisors disclaim all warranties with regard to anything found anywhere on this family of websites, quoted from, or sent from Idea Cafe. and its related sites, publications and companies. We also take no responsibility for comments published by others on these pages.

TRADEMARKS: The following are Registered Trademarks or Servicemarks of DevStart, Inc.: Idea Cafe®, Online Coffee Break®, The Small Business Gathering Place®, Take out Info®, Biz Bar & Grill®, Complaint-O-Meter®, A Fun Approach to Serious Business™, CyberSchmooz™, and BizCafe™.