agenda - jk technosoft · 2019. 5. 15. · case study : real estate meets rpa baseline : using rpa...

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  • Agenda

    • What is RPA?• How disruptive is RPA?• Why is it important to adopt RPA?• RPA Architecture Overview• Case Studies• Cross Industry Use Cases• Takeaways from RPA Implementations• What is needed for an RPA mindset?

  • What is Robotic Process Automation

    Copyright © 2019, JK Technosoft. All Rights Reserved.

    • Software program performing jobs that can be coded as instructions

    • Best suited for repetitive and rule driven tasks –improved employee morale

    • Achieves greater accuracy and compliance

    • Decreased cycle times and improved throughput

    • Achieves concurrency at a low cost

    • Non Invasive and Technology Agnostic

    ECURITY

    OMPLIANCE

    PTIMIZATION

    OBUST

    O

    R

    C

    S

    FFICIENCYE

  • How disruptive is RPA ?

    Copyright © 2019, JK Technosoft. All Rights Reserved.

    RPA aims to extract out the “robot” from within the FTE and allow them the bandwidth to concentrate on more strategic jobs

    RPA helps ease redundant and mundane activities by speeding up execution of rule driven tasks. – altering BPO and outsourcing

    RPA is non invasive. It does not interfere/impact the underlying technology layer.

    The disruption observed is in the mode of achieving tasks –“Something recurrent that you would deploy a FTE to do, can be done even faster through a software program”

    RPA Tools are 65% less expensive than a FTE

    Bots will not take up your job.

    They will help you do it faster and let you focus on more productive tasks.

  • Why is it important to adopt RPA as early as possible?

    Copyright © 2019, JK Technosoft. All Rights Reserved.

  • RPA Architecture Overview

    Emails

    On Premise Installation Virtual Machine Cloud

    Legacy Systems

    RPA Solution

  • Case Study : Retail meets RPA

    Copyright © 2019, JK Technosoft. All Rights Reserved.

    Baseline : Using RPA for streamlining reporting

    Problem Statement : Data from 13 different IT systems are being collated, standardized and rule sets are being applied for generation of reports. Concerns seen are with respect to the accuracy of results, time of delivery and clumsiness of the process. Impact on strategic reporting, planning and decisions

    Diagnosis: JKT sent their consultants to figure out the problems in the way the reporting was being done. It was found that the bottleneck lies in the communication nodes and the fact that manual handling of data resulted into transformation, data losses and delays. Moreover the team working on this task felt a lack of job satisfaction adding to the irregularities in the process.

    Solution: As an out of the box solution, Robotic Process Automation was introduced as an alternate method of operation of the reporting task. This project was incubated by JKT and the client and as a result 400+ reports have been successfully churned out

    The improvements which this brought :-• Reduced dependency – 78% unattended automation and

    22% attended automation• Shorter Delivery Time• Accuracy• Optimization of resource and reduced cost pressure

  • Case Study : Real Estate meets RPA

    Baseline : Using RPA for streamlining Accounting Processes

    Problem Statement : Accounting Processes which are critical within any organization were being handled manually leading to loss of time, data and money.

    Diagnosis: The client wanted to have a operation framework, less dependent on man-power since the data handled were sensitive and high value. The JKT consultants found a way of creating unattended automations to do the PR, PO, Invoice matching etc. tasks.

    Solution: As an out of the box solution, Robotic Process Automation was introduced as an alternate method of operation of accounting processes. This project was incubated by JKT and the client and as a result tasks like Procure to Pay, Invoice Verification, Issuance of Payment etc.

    The improvements which this brought :-• Reduced dependency – 100% unattended automation• End – End Accurate processing• Optimization of resource and reduced cost pressure• Improved Reporting and Dashboard

    Copyright © 2019, JK Technosoft. All Rights Reserved.

  • Cross Industry Use cases

    Copyright © 2019, JK Technosoft. All Rights Reserved.

    Procurement

    Procure-to-pay workflow

    Bid Management

    Tender and Contract

    verification

    Finance and MIS

    Account receivables,

    payables

    Reconciliation and Journal Entries

    Financial Reporting

    HR

    Manage employee

    master data

    Recruitment, Onboarding, Offboarding

    Expense Reimbursement

    IT/Security

    User Provisioning/

    Deprovisioning

    Data Migrations

    Environment Management

    Customer Engagement

    Status Inquires and Requests

    Positive Follow-ups

    CRM Account Management

  • Task-wise Use Cases for RPA

    Copyright © 2019, JK Technosoft. All Rights Reserved.

    User Management Report Generation and Notifications

    Regular System Diagnostics

    Inventory Management

    Accounting Process -Procure to Pay

    Customer On Boarding

    Data Migration and Entry

    Handling Bills and Claims

    Data Extraction, Transformation

    Generating Mass Emails

    Invoice Generation and Processing

    Updating CRM

    Regression Testing

    Fault Remediation

    Scheduled data backup and purging

    Financial Planning and Forecast

    P&L Preparation : Balance Sheet Matching

    Employment History Verification

    Customer Due Diligence

    Invoice Processing

    Issuing Refunds

    Streamlining Supply Chain Processes

    Back Office Processes

    Application Life Cycle Management

    Updating Vendor Records

    Product Categorization

    Quality Assurance

  • Takeaways from RPA Project Implementations

    Copyright © 2019, JK Technosoft. All Rights Reserved.

    Process Selection plays a critical role

    Optimize before Automating

    Visible and Measurable Design Approach , approved by process owner

    Dependency Study

    “Visualize before Implement” approach

    Continuous feedback and improvement

    Focus on reusability

  • What is needed for an RPA mindset ?

    Copyright © 2019, JK Technosoft. All Rights Reserved.

    Clarity

    Focus

    Drive

    Flexibility

    Openness

    • Be clear about existing process architecture and proposed “to-be” state• Be realistic about automation goals

    • Collaborative mindset to achieve targets• Streamline action items and reach consensus quickly

    • Create sense of urgency and momentum to meet timelines• Engage all stakeholders necessary for project success

    • Do not be unwilling to change action plans if required• Propose alternate workflows to reach the desired objectives

    • Maintain an open approach with process, people and practices• Be willing to take risks

  • THANK YOUI N D I A

    JK Technosoft Ltd.

    A-2, Shopping Complex,

    Masjid Moth, G.K. II,

    New Delhi – 110048

    Tel: +91 11 29222864-65

    Fax: +91 11 29228048

    NOIDA

    F-2 & F-3, Sector-3

    Noida – 201301, INDIA

    Tel: +91 120 4606200, 4606300,

    4084500, 2539133

    Fax: +91 120 2539132

    U N I T E D S T A T E S

    Proserve Consulting Inc.

    608, Fifth Avenue, Suite 401,

    New York, NY 10020 USA

    Tel: +1 212 265 1626

    Fax: +1 212 586 4067

    BANGALORE

    Indiqube – Grape Garden

    33 Coconut Grove, 648/1/1, 1A

    Cross, 18th Main,

    6th Block, Koramangala,

    Bengaluru – 560 095. Karnataka.

    Phone No: 080-46724000.

    KOLKATA

    Asyst Park

    1st Floor, GN 37/1

    Sector 5, Salt Lake

    Kolkata – 700091

    B A N G L A D E S H

    JK Technosoft Ltd.

    98 Block-C Road 11

    Banani Model Town

    Dhaka-1213

    Email : [email protected]

    U N I T E D K I N G D O M

    JK Technosoft (UK) Ltd.

    Atrium Court, 100 The Ring,

    Bracknell, Berkshire, RG12 1BW,

    United Kingdom

    Tel : +44 (0) 1344 393032

    MUMBAI

    1st Floor, K. Raheja Platinum,

    WeWork India

    Sag Baug Road, off Andheri-Kurla

    Road Marol,

    Andheri East, Mumbai, MH, 400059,

    India

    Copyright © 2019, JK Technosoft. All Rights Reserved.

    Hyderabad

    JK Technosoft Ltd.

    Dwarka Central, 4th Floor, Plot No.-

    57, Hitech City Road VIP Hills,

    Jaihind Enclave, Madhapur

    Hyderabad, Telangana 500081

    B A H R A I N

    JKT GCC WLL

    Office 2210

    22ND Floor Almoayyed Tower

    Bldg. 2504 Road 2832 Block 428

    Al Seef District

    Kingdom of Bahrain