Any company that uses labor on a large scale for general knowledge process work, where people are performing high-volume, highly transactional process functions, will boost their capabilities and save money and time with robotic process automation software.
https://irpaai.com/what-is-robotic-process-automation/
RPA robots are capable of mimicking many–if not most–human user actions. They log into applications, move files and folders, copy and paste data, fill in forms, extract structured and semi-structured data from documents, scrape browsers, and more.
https://www.uipath.com/rpa/robotic-process-automation
While existing capabilities of screen-scraping and macros software technology may come to mind, RPA is an evolution beyond these solutions. RPA is becoming an important automation tool driving digital transformation and the future of work.
https://www.laserfiche.com/ecmblog/what-is-robotic-process-automation-rpa/
The Difference between Robotic Process Automation and Artificial Intelligence
RPA is a software robot that mimics human actions, whereas AI is the simulation of human intelligence by machines.
On the most fundamental level, RPA is associated with “doing” whereas AI and ML is concerned with “thinking” and “learning” respectively.
RPA is suitable for automating the grunt work of retrieving emails (for simplicity, retrieval is based on the email’s subject), downloading the attachments (i.e. invoices) into a defined folder, and create the bills in the accounting software (mainly through copy and paste actions).
On
the other hand, AI is required to intelligently “read” the invoices,
and extract the pertinent information such as invoice number, supplier
name, invoice due date, product description, amounts due, and many more.
https://medium.com/@cfb_bots/the-difference-between-robotic-process-automation-and-artificial-intelligence-4a71b4834788
We envision the future of corporations where incredible productivity is powered by RPA bots that perform repetitive operations across all divisions of the enterprise and cognitive bots adjust unstructured, “human” information into a structured form.
https://www.automationanywhere.com/blog/software-robots-in-the-workplace/6194-how-ai-and-rpa-empower-the-knowledge-worker
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