Robotic Process Automation (RPA) : Guided By:-Prof. R.B Math

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ROBOTIC PROCESS

AUTOMATION
(RPA)

PRESENTED BY:- Kaushal Diwakar


USN:-2BA17IS030

Guided By :- Prof. R.B Math


TABLE OF CONTENTS

What is Robotic Process


Automation (RPA)
01 04 Application of RPA

Evolution of RPA 02 05 6 Step RPA

Benefits of RPA 03 06 Robotic Spectrum


WHAT IS ROBOTIC PROCESS
AUTOMATION (RPA)

Robotic process automation (RPA) is the use of software with artificial intelligence (AI) and machine learning
capabilities to handle high-volume, repeatable tasks that previously required humans to perform. These tasks can
include queries, calculations and maintenance
of records and transactions.
RPA technology, sometimes called a software robot or bot, mimics a human worker, logging into
applications, entering data, calculating and completing tasks and logging out.
RPA software is not part of an organization's IT infrastructure. Instead, it sits on top of it, enabling a
company to implement the technology quickly and efficiently -- all without changing the existing
infrastructure and systems.
Although the term "robotic process automation" can
be traced to the early 2000s, it had been
developing for a number of years previously.
 RPA evolved from three key technologies: screen
scraping, workflow automation and artificial
intelligence.
 Screen scraping is the process of collecting screen
display data from a legacy
EVOLUTION OF RPA application so that the
data can be displayed by a more modern user
interface.
The advantages of workflow automation software,
which eliminates the need for manual data entry
and increases order fulfillment rates, include
increased speed, efficiency and accuracy.
 Lastly, artificial intelligence involves the ability of computer systems to perform tasks that normally
require human intervention and intelligence.
BENEFITS OF RPA

Robotic process automation technology can help


organizations on their digital transformation
journeys by
1) Enabling better customer service.
2) Ensuring business operations and processes
comply with regulations and standards.
3) Allowing processes to be completed much more
rapidly.
4) Providing improved efficiency by digitizing and
auditing process data.
5) Creating cost savings for manual and repetitive
tasks.
6) Enabling employees to be more productive
APPLICATION OF RPA

Some of the top applications of RPA include:


 Customer service: RPA can help companies offer
better
customer service by automating contact center tasks,
including verifying e-signatures, uploading scanned
documents and verifying information for automatic
approvals or rejections.
 Accounting: Organizations can use RPA for general
accounting, operational accounting, transactional
reporting and budgeting.
 Financial services: Companies in the financial
services
industry can use RPA for foreign exchange payments,
automating account openings and closings, managing
audit requests and processing insurance claims.
Some of the topAPPLICATION OF RPA
applications of RPA include:
 Customer service: RPA can help companies offer better
customer service by automating contact center tasks,
including verifying e-signatures, uploading scanned
documents and verifying information for automatic
approvals or rejections.
 Accounting: Organizations can use RPA for general
accounting, operational accounting, transactional
reporting and budgeting.
 Financial services: Companies in the financial services
industry can use RPA for foreign exchange payments,
automating account openings and closings, managing
audit requests and processing insurance claims.
cont

Healthcare: Medical organizations can use RPA for


handling patient records, claims, customer support,
account management, billing,
reporting and analytics.
 Human resources: RPA can automate HR tasks,
including onboarding and offboarding, updating
employee information and timesheet submission
processes.
 Supply chain management: RPA can be used for
procurement, automating order processing and
payments, monitoring inventory levels and tracking
shipments.
6 Step RPA
ROBOTIC SPECTRUM
References
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● [2] Subutai Ahmad, Alexander Lavin, Scott Purdy, Zuha Agha, “Unsupervised real-time anomaly detection for streaming data”, Proceedings of the 15th International Conference on the Machin
Learning Application, Miami, Florida, IEEE(2017).
● [3] Z. Zhao, Y. Zhang, X. Zhu and J. Zuo, "Research on Time Series Anomaly Detection Algorithm and Application," 2019 IEEE 4th Advanced Information Technology, Electronic and Automation
Control Conference (IAEAC), Chengdu, China, 2019, pp. 16-20.
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Application, Miami, Florida, IEEE (2015).
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Long short term memory networks for anomaly detection in time series, Eur. Symp. Artif. Neural Netw. (2015) 22–24.
● [7] H.N. Akouemo, R.J. Povinelli, “Probabilistic anomaly detection in natural gas time series data”, Int. J. Forecast., 32 (2015), pp. 948-956.
● [8] N. Laptev, S. Amizadeh, I. Flint, ”Generic and Scalable Framework for Automated Time-series Anomaly Detection”, Proceedings of the 21th ACM SIGKDD International Conference on
Knowledge Discovery Data Mining (2015), pp. 1939-1947
● [9] M. Pratama, Lu J., E. Lughofer, Zhang G., M.J. Er, “Incremental learning of concept drift using evolving Type-2 recurrent fuzzy neural network”, IEEE Trans. Fuzzy Syst (2016), p. 1.
● [10] A.M. Bianco, M. García Ben, E.J. Martínez, V.J. Yohai, “Outlier detection in regression models with ARIMA errors using robust estimates”, J.Forecast., 20 (2001), pp. 565-579.
● [11] Statsbot,
● https://blog.statsbot.co/time-series-anomaly-detection-algorithms1cef5519aef2#:~:text=Important%20Types%20of%20Anomalies,some%20standard%20o r%20usual%20signal
%20.&text=Imagine%20you%20track%20users%20at,that%20looks %20like%20a%20spike., [Online; 17-05-2020] [12] towardsdatascience, https://towardsdatascience.com/time-series-of-
price-anomalydetection-13586cd5ff46 , [Online; 16-05-2020] [13] towardsdatascience, https://towardsdatascience.com/anomaly-detection-with-timeseries-forecasting-c34c6d04b24a,
[Online; 19-5-2020]

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