RPA: A New Paradigm of Increased ROI, Saved Costs

Data Analytics

Hitting RPA’s sweet spot – automation of mundane and repetitive tasks; the COVID-19 pandemic has acted as a catalyst in accelerating the adoption rate of RPA in organizations. Quickly emerging as a ‘game-changer’, organizations are now realizing RPA’s fundamental role in revenue generation and cost-saving. RPA also helps businesses improve efficiency, enhance quality, and improve customer satisfaction.

Key insights:

  • Finance leaders believe that around 89% of accounting activities are highly automatable.
  • RPA software revenue is expected to increase by 19.5% from 2020 and reach $1.89 billion in 2021.
  • Human error costs organizations over $62.4 million every year. With RPA, organizations can cut around 65% of costs and gain ROI within six months of implementation.

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