QUESTIONS AND SOLUTIONS
◉ What is Robotic Process Automation (RPA)? Answer: tool that
performs if, then, else statements on structured data, typically a
combination of user interface (UI) interactions, or by connecting to
APIs to drive client servers, mainframes or HTML code
◉ How does an RPA operate? Answer: By mapping a process in the
RPA tool language for the software "robot" to follow via computer
pathways and various data repositories, with runtime allocated to
execute the script by a control dashboard
◉ How are RPAs designed to act? Answer: Designed to mimic the
same "manual" paths taken by a human using a combination of user
interface (UI) interactions or descriptor technologies
◉ Objective of RPA Answer: To operate certain tasks in place of a
human
◉ How can an RPA tool be triggered? Answer: Manually or
Automatically
, ◉ What activities can an RPA do? Answer: 1) Move or populate data
between prescribed locations
2) Document audit trails
3) Conduct calculations
4) Perform actions
5) Trigger downstream activities
◉ What are the main factors that firms take into account to invest in
an RPA initiative? Answer: 1) Reduce Costs
2) Improve Delivery
3) Consistent Quality
◉ Where does RPA fall in automation options?
x-axis = Structured Data / Unstructured Data
y-axis = Assist Employees' Tasks / Replace Employees' Tasks
Answer: Equally between Assist Employees and Replace Employees,
and far left on Structured Data side
◉ What is the potential for the RPA industry? Answer: *Significant*
1) List of actions a robot can do can be over 600 in some solutions -
Deloitte