In this contemporary world, technology has been transforming the business environment. Every organization is undergoing digital transformation. Process Mining and Robotic Process Automation are linked together to create and manage the processes and turn it to automation. While process mining analyzes the current state of process, RPA automates the process. RPA and process mining together provide best results. Planning to implement digital transformation (through RPA and process mining) in your business? Gain perceptions on Process Mining and RPA, and how they aid business in digital transformation through this blog.
Planning to implement digital transformation (through RPA and process mining) in your business? Gain a deep perception of Process Mining and RPA, its benefits, how they aid businesses in digital transformation, and the best RPA and Process Mining tools in the market through this blog. Also, know about our business case for the Food & Beverage industry using Celonis process mining.
Process mining is a component of Process
Intelligence along with process modelling, process automation, and
defines Process Mining as
“A technique designed to discover, monitor and improve real processes (i.e., not assumed processes) by extracting readily available knowledge from the event logs of information systems.”
Process Discovery -creates a process model based on the data
Process Analytics -analyzes the core reason for process inadequacies
Conformance checking -increases the performance by comparing and referring the existing process models
There are many tools used for process mining and few of the leading tools are,
Cost Reduction - Process mining tools analyzes the operations using event logs which helps in process automation. Companies automate the processes through RPA bots. This helps in tracking the process from purchase order to invoicing through automation. Process mining also eliminates the unnecessary cost due to constant changes in processes.
Efficient Customer Experience - Process mining tools reduce the time spent on optimizing the processes, reduces the reaction time through continuous process monitoring, and identifies and rectifies the bottlenecks. These increases the satisfaction of customers which result in the betterment of the organization.
Increase Compliance - Process mining tools analyzes the data faster which results in effective auditing in less time. This identifies the compliance issues instantly.
“Robotic process automation (RPA) is a productivity tool that allows a user to configure one or more scripts (which some vendors refer to as “bots”) to activate specific keystrokes in an automated fashion”-Gartner
RPA is used in industries like healthcare, insurance, banking and finance etc. RPA is incorporated to relieve humans from the mundane tasks that are repetitive.
How does RPA benefit in businesses? Here are few points that highlight on the benefits of RPA in business.
"Digital transformation can refer to anything from IT modernization (for example, cloud computing) to digital optimization, to the invention of new digital business models. The term is widely used in public-sector organizations to refer to modest initiatives such as putting services online or legacy modernization”-Gartner
Digital transformation is implementing digital technologies in converting the existing ecosystem in businesses/ organizations. Organizations adopting to digital transformation is no longer an option but a requirement. Hence, every organization is accustoming to the digital technology in this emerging environment.
RPA and process mining complement in this transformation. RPA works on the repetitive tasks in industries like healthcare, insurance, and financial services while process mining enhances the businesses by deploying bots. Process mining keeps a track of the changes made and correct it which results in the growth and productivity of the organization.
“Digital transformation is all about unlocking value in your business processes and releasing it back to customers – as well as being agile enough to use data and analytics to create new, innovative experiences.”
- David Macdonald, Executive Vice President and Chief Sales Officer at SAS
To have a successful journey in digital transformation through RPA and process mining, there are three requirements. The organization needs to - understand their measures for productivity and progress at work, analyze the employees’ skillsets, and define their approaches and development. Make your workspace productive through RPA by eliminating the mundane tasks, and eliminate the bottlenecks in business through process mining.
One of our turnkey solutions, Non-Compliance Remediation helps the Food & Beverage industry to achieve business transformation with process mining. The tool used in this solution is Celonis, a process mining tool that helps in identifying and eliminating process bottlenecks. The challenges addressed are SLA breaches, process variations and bottlenecks, process non-conformance, and material rejections in process. Learn more about our turnkey solution, its challenges, and benefits at NON-COMPLIANCE REMEDIATION
To conclude, RPA and process mining empowers digital transformation in the organization by reducing operational cost, understanding processes, increasing customer value, augmenting human resources, and increasing transparency. Ennuviz provides services with the leading tools in RPA and process mining. Adopt RPA and process mining to boost your organization’s performance in this developing world.