rpa

/Tag: rpa

Bridging the Process Mining Gap in RPA Projects

Modern ERP platforms provide an indispensable backbone of complex functions and processes that represent a significant technology investment. Understanding all the details of a business process is ultimately one of the keys to any successful RPA project, especially when it involves configurable processes within an ERP platform dependent upon manual data inputs derived from numerous sources. What is Process Mining? Process mining is an analytical discipline for discovering, monitoring, and improving real processes (i.e., not assumed processes) by extracting knowledge from event logs readily available in today’s information systems. Process mining offers objective, fact-based insights, derived from actual event logs, that [...]

The Impact of a Strategic Approach to Integrated Automation on Merger & Acquisition Risk

The State of M&A in 2019 Mergers and acquisitions (M&A) remain one of the key methods that companies are responding to opportunities for direct inorganic growth as a result of changing business models, disruptive technologies, and shifting global markets. Improved cash flows, strengthened balance sheets, low cost of debt, and governance confidence all contributed to record M&A activity in 2018. This trend to date has continued into 2019. Technology Rises To The Top Acquisitions related to strategic technology plays continue to increase in the overall M&A landscape, and shorter deal cycles only exacerbate the need to apply the fundamentals of [...]

Why RPA Isn’t Scaling (Yet)

Robotic Process Automation (RPA) is hot right now, there’s no doubt about that. McKinsey estimates that 85% of a typical firm’s 900+ processes can be automated. Suddenly every consulting firm on the planet has an RPA practice. And Gartner, Forrester, and many other analyst firms continue to pound RPA down the throats of the C-Suite at the Fortune 500. But there are some serious issues that are giving RPA a black eye. As I wrote in a previous blog, nearly half of all RPA projects fail. Even more alarming is that on top of implementation failures, RPA simply has not [...]

Clear Software and Automation Anywhere Announce Strategic Partnership

Clear Software, a leading provider of attended Robotic Process Automation (RPA) software, announced a technology alliance partnership with Automation Anywhere, recognized as the leader in Robotic Process Automation, to fully integrate their respective solutions and collaborate on global sales and marketing programs. We are delighted to be partnering with Automation Anywhere to help deliver Attended RPA to their customer base. Attended RPA is this missing link that allows large organizations to scale process automation to tens of thousands of employees, and our complementary platforms address this missing link. We look forward to working with their talented team. Jon Gilman, CEO of [...]

Why Finance Executives Should Care About Attended RPA and Order Entry Optimization

Ask any finance executive about one of the things they obsess over, and it is invariably Days Sales Outstanding (DSO). The magic number of how many days it takes for a company to convert its accounts receivables into cash varies over time, of course, but in general, the sooner a company gets to cash in hand, the stronger their cash flow and resulting financial positioning becomes. Properly managing DSO as an integral part of a strategic working capital effort requires that many components spread across segments of the OTC process be constantly evaluated and optimized. Many organizations start by benchmarking [...]

Effective Business Process Automation: The Hybrid RPA Approach

Robotic Process Automation (RPA) was developed to both assist and replace work accomplished by human beings. Processes are standardized, centralized, and optimized with the deployment of software bots which can accomplish tasks with flawless precision and effortless scalability. Talent within organizations can be redeployed to provide better value to the organization's business goals. Organizations achieved rapid cost-savings and improved customer experience by replacing high volume, low complex work. The RPA industry exploded. But not without challenges. Our CEO, Jon Gilman, recently published his ebook, A Better Way to RPA. The ebook takes an honest look at the RPA industry and how companies can [...]

Business Process Automation for Order to Cash

The downstream impact of inaccurate or delayed Order-to-Cash processes are enormous to an organization: Customers are frustrated, impacting satisfaction, retention, and the ability of a company to increase overall revenues. In a digital world, where customers share their frustrations, you want your OTC cycle to be accurate Internal remediation is time-consuming, difficult, and costly. These problems may include customer returns, inventory issues, data issues, system issues, pricing errors, delivery issues, and service backlogs. The resources necessary to correct them can be substantial. Order-to-Cash delays generate delays in cash flow, and can severely impact the financial health of the organization. Order [...]

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