ROBOTIC PROCESS AUTOMATION: A REVOLUTION IN BUSINESS PROCESS AUTOMATION

Abstract

Robotic processing automation (RPA) and primitive types of AI utilized related to automation got their beginning right off the bat during the 1990s and 2000s, rapidly assuming control over businesses, for example, manufacturing. RPA, which is as much a service as a technology, demonstrates most valuable for back-office functions. It mainly focuses on deploying virtual workforces of programming robots to process routine tasks. The capacity to robotize high-volume, repeatable assignments is appealing in the financial sector, since it permits home loan and banking experts to lead credit checks and permits insurance agents to all the more effectively and precisely process claims in a hands-off manner.