Consultancy.uk takes a look at how Robotic Process Automation (RPA) can reduce costs and boost productivity, accuracy, data analysis and decision-making in the banking and the public sector. RPA is the fastest growing segment of enterprise software with 63% growth in 2018 according to a poll by Gartner – but consultancy.uk notes that “Careful consideration needs to be exercised in ensuring that’s it’s not a one size fits all approach.” Banking and the public sector are however two sectors that are ideal for RPA because they adhere to three broad criteria, being typically based around manual work, featuring repetitive roles, and being mature sectors (so “if the implementation process does not follow an efficient path, any return on investment will be diminished”).
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Providing insight into technology and innovation in the legal, accountancy property and consultancy sectors. Alternative Insights brings together news, commentary and thought leadership about digital transformation across the entire professional services industry. We collate industry stories on innovation, technology and transformation in the legal, accountancy, management and property consultancy sectors, giving you access to the latest thinking about tech and innovation in the professions.