RPA in different industries

                                                        

Robotic process automation can be implemented in many industries for various tasks which are repetitive and can be done by bots. It is quite easy to assign jobs to bots through RPA. 

Let us have a look on some of the industries where RPA can be a great help.

Insurance: RPA can be used in claims processing, archiving customer information and pull relevant data for issuing and renewing new policies.

Finance: RPA in finance department automation allows us to more accurately manage high-volume works across complex infrastructure. Some of the works performed are:

1. Financial Review Preparation

2. Account Reconciliation

3. Standard Journal Entries

4. Bank Reconciliations

5. Inter-company Reconciliation

6. Accounts Payable Processing

7. Financial Planning and Analysis

8. Operational Finance and Accounting

9. Regulatory Compliance and Reporting

10. Accounts Receivable Processing

Retail: Information about processing, shipping,  delivery can be known. It helps to maintain records of the company and these informations are more correct.

Law: RPA can perform the research work for the various cases. It can cut down the paperwork of human and do these researches by its own. 

Healthcare: RPA can be used to fill and retrieve patient medical history, organize records, process claims, and prepare reports for the top management. 

So, we have seen the various uses of RPA in different industries. The most important thing which RPA ensure is data confidentiality and prevention of any frauds. It is the most secure and efficient way for performing these tasks.