RPA is revolutionizing back office processes in the BPO industry by replacing repetitive tasks and promoting a virtual workforce.
There’s been plenty of discussion about whether or not robotic process automation (RPA) will radically impact business process outsourcers (BPOs). BPOs are realizing the limitations of labor arbitrage and therefore seeking ways to increase productivity, reduce costs and gain competitive advantage by finishing core operations quickly and accurately. RPA addresses this challenge by presenting an alternative and serving as an entirely new method for BPOs to manage processes across global industries.
RPA shortens the long span of inefficiency that builds up around ERP and back office systems. Processes such as FAO (finance and accounting outsourcing), HR management, procurement etc. can be automated using RPA.
The use of RPA solutions is becoming increasingly common among mature BPOs allowing further innovation and progress. Let us look at the benefits of RPA in detail.