Using Robotic Process Automation to Create a Digital Workforce Jeff Chandler, Sales Engineer, Kofax
“Swivel Chair Automation” – manual work performed by humans 2 Websites, Portals Legacy apps (Green screen) Digital documents Excel Systems Databases Data files
Creating a digital workforce with Robotic Process Automation 3 Robotic process automation (RPA) is the application of technology that allows employees in a company to configure computer software or a ‘robot’ to capture and interpret existing applications for processing a transaction manipulating data, triggering responses and communicating with other digital systems. ” “ Robotic process automation (RPA) is the application of technology that automates workflow processes, primarily for administrative work. RPA software can help automate large volumes of digital manual-processing work. ” “
Automate Any Business Activity Involving Users, Data & Systems Intelligent robotic process automation Automate the acquisition and integration of information Create a single view of multiple data sources Automate processes by replicating actions of a user Transform data into valuable information
Making robots part of your digital transformation strategy 5 Did shipments depart and arrive on time? Are we compliant with audit requirements, government regulations? Where is the process breaking down? How can I improve customer service, efficiency…and profit? Is this price competitive? Why are payments being delayed? When will my loan be approved? HUMAN WORKFORCE + DIGITAL WORKFORCE = FUTURE INTELLIGENT WORKFORCE Efficiency at the Center Responsiveness at the Edge
RPA complements other technologies to deliver value 6 Capture informationAutomate processes Transact digitally Mobile Analytics Robotic Process Automation eSignature & signature verification Multichannel capture Extraction & verification Case management Content management Workflow & process automation Customer communication management Docume nt composit ion Search Manage content InsuranceFinancial services GovernmentHealthcareRetailManufacturing Business process outsourcing Education
Use cases 7 Retail, Travel Information & Services Provider Competitive intelligence and price monitoring Brand monitoring and fraud protection Data aggregation Screening and risk management services Banking Equity research Compliance and risk management Web Robots Data Extraction Cross- Industry LogisticsHealthcareBankingInsurance Finance and accounting Sales operations Patient eligibility Physician credentialing Customer service Mortgage lending Compliance reporting Customer service Claims processing Compliance reporting Customer service Order scheduling and tracking Invoicing and credit collections Researching loads Manufacturing Supply chain automation Process Robots Automate Manual Business Process Activities
25-50% cost savings Typically, one robot can do the work of two to five FTEs Increases staff productivity, service levels and capacity by 35-50% Delivers consistent 100% accurate data Better employee satisfaction The benefits of robotic process automation Deloitte, Forrester, Cognizant Consistency Reliability Accuracy Audit trail Productivity Cost savings Elasticity Kapow Benefits
Customer success and results Regional Bank Operational efficiency gains – Loan offer time cut from 14 days to 14 minutes Less time on audits – Robots package up loan files resulting faster turnaround by QC vendor Better risk assessment – automated searching results provide analysts 100% confidence Transportation & Logistics Faster time to revenue – In one month robot identified $150,000 receivables Significant efficiency gains – robots doing the equivalent of 15,000+ hours of work annually Premium service – lead to one company increasing business from 400 to over 2,000 loads per month Healthcare Organization Operational efficiency – automated retrieval of clients’ coverage data from insurer web sites Costing savings – $1 million annually Customer experience – meeting SLA requirement for a five-second customer response
Kofax Kapow is our robotic process automation platform To learn more about Kapow and our RPA offerings visit: For more information © 2015 Lexmark International, Inc. All rights reserved.10