As we were preparing for a podcast interview for the ePodcast Network, the questions we had to answer about robotic process automation inspired us to write this article. We gathered our customers’ most prominent questions and concerns and we did our best to provide appropriate, solution-oriented answers.

Many customers share similar questions before they set upon implementing and deploying RPA in their companies. These are questions that everyone asks (and should ask, in fact) at the beginning of their RPA journey. So no, you are certainly not the only one.

We are here to help. Hopefully, at the end of this article, you will get most of the answers that you need in order to make the right decisions regarding automation.

Before proceeding with the list of RPA questions and answers, don’t forget to subscribe to our newsletter to find out when our ePodcast Network podcast is live.

Top RPA questions and how we answer them

1. What is robotic process automation and who can benefit from it?

Our favourite, functional definition describes RPA very widely, as ‘a useful tool for maximally efficient use of of a company’s available resources’, where ‘tool’ covers both software and services.

It is a kind of software that emulates human activities, but performs them more quickly, accurately, and tirelessly that human employees. Functionality is indeed the most important trait of automation, and it is used in terms of the capacity to facilitate an optimal resource allocation leading to best possible results.

Companies across a wide range of industries (e.g., finance, banking, hospitality, healthcare, media, HR) can benefit from automating the rule-based, repetitive processes (see question (3) below). Indeed, according to McKinsey & Company, automating business processes through RPA can lead to a Return on Investment between 30 and 200% in the first year after implementation, and to 20-25% savings on average.