Leveraging RPA integration with Oracle ERP for an enterprisePublish Date: May 11, 2021
The beauty of human ingenuity is that we have always been moving towards solving more complex problems by finding simple solutions. These solutions reduce human time and effort in simple processes and free us to chase other, more meaningful challenges. Even though it has only recently entered our vocabulary, automation has always been at the heart of human existence, ever since the discovery of fire and the wheel.
As we find ourselves in the middle of the era of a digital revolution, it is only fitting that organizations move towards automating their operations completely online and optimizing their human resources to create a space for the more skilled. According to the World Economic Forum, as of 2018, the share of task hours for humans in comparison to robots is 70:30 and is expected to change to 60:40 by 2022. Robots may inherit the earth after all!
What we mean by robots here, however, are computers, attended or unattended, that fulfill tasks independent of human intervention, use the power of data, and intuitively process and sort work efficiency using Artificial Intelligence and Machine Learning. Robotic Process Automation (RPA) allows organizations to smooth transition from a traditional setup to modernization without doing away with older practices and encouraging interaction instead of a takeover.
With Oracle Enterprise Resource Planning Cloud, the integration of Robotic Process Automation has the potential to transform an enterprise.
What value does it bring to the table?
What works most in favor of using Oracle for RPA integration is built-in RPA adapters. Working with the top RPA vendors eliminates the manual labor that other platforms often require. The native RPA adapters focus on the user’s needs and find the specific robot to be used from the Oracle integration and manage the details of the bot execution. This reduces the overall cost and covers the end-to-end process without any hassle. What it also does is eliminate the possibility of ownership disputes and ensure a high-speed integration. For instance, when the application you want to integrate has no APIs to offer, UiPath, in partnership with Oracle Cloud Integration, allows the creation of robot-based transactions. Automation can also be recorded and even generated with an RPA designer tool, i.e., UiPath Studio. Such robots, in turn, are deployed to an Oracle-managed service called the UiPath Orchestration Cloud Edition, where any admin can configure ways to execute such transactions faster or more efficiently.
Partnering with UiPath, Oracle leverages its comprehensive cloud platform to help streamline business applications and critical workflows so that the speed and scaling up efforts of the business are unencumbered.
What are the use cases Oracle RPA tools are most beneficial in?
Dealing with a wide range of use cases with varying human intervention needs makes way for building a digital value chain and managing back-end applications using APIs. Oracle RPA tools might be most effective in the following ways:
- Human resource management: For leave application generating, catering to joining formalities, organizing payroll processes, saving, and categorizing documentation work.
- Finance: For validating invoices, managing in and out accounts, generating cash position reports, balancing the profit and expense sheets, etc.
- Customer relationship management: For keeping a tab on customer behavior, price management, rate, read responses to customer experience, e-billing, customer data integration, updating and protection, and ensuring ease and accuracy of order fulfillment.
- Supply chain logistics management: For gathering insights and sorting information on business patterns and assessing internal working of the enterprise to reveal potential disruptions. It can also be used for improving the continuity of the supply chain with a read on the material required and used, also checking waste generation and management.
The future of RPA
Being one of the fastest paths to going digital, RPA has massive potential across use cases and industries. RPA works great because it is non-invasive and does not require lengthy and tiresome IT architecture; hence, it is cost-efficient, easy to scale, and open to modulation, making it future-proof. Powered with human support and maintenance, be it infrastructure-related, software reliability, or data changes – bots will become our colleagues in our day-to-day work.
Pre sales lead EBS, Oracle Service Line @YASH Technologies