How RPA Reduces Risk in Business Operations
The benefits of robotic process automation (RPA) from a cost perspective are clear and often are the major driver for the initial adoption and implementation of RPA.
Improved customer service, cost reduction, and increased speed to market are all important advantages to RPA that are clearly communicated and increasingly supported by early adopters of RPA. There are two other potential benefits of RPA when implemented correctly: Risk reduction and improved compliance.
According to a report by McKinsey & Company, research has revealed that as business processes become more and more digitized, the IT infrastructure of an organization naturally becomes a greater source of risk. This goes to show that in the age of digital transformation and the IoT, much greater risk is taken on by companies from all directions and sectors.