RPA for Small and Medium Companies – Exploring RPA-as-a-Service

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Scale your business, let robots handle mundane tasks

Why didn’t SMEs adopt RPA?

Relatively small, focused, and domain-intensive small and medium companies should have adopted RPA to automate some of their processes.

But what happened? There were apprehensions based on assumptions: 

  • RPA is for enterprises that require governance, high maintenance and IT
  • Confusing pricing of the Enterprise RPA platforms
  • The need for technology resources to maintain the bots.

If you feel that RPA technology is can be leveraged only by large enterprises, then you may be wrong here. Small and medium enterprises (SMEs) also wish to improve productivity and reduce operational expenditure.

Today, SMEs face critical complexities when they scale. SMEs’ core forte is their laser-focus vision, domain expertise, and not-so-heavy processes that are relevant to their business operations.

It is a definite need for SMEs to identify all the non-core activities that are rule-based, repetitive, and time-consuming tasks – and implement a certain level of automation.

Segregation of costs (Typical RPA model)

It is estimated that almost 65% of the cost is spent on Product Licensing and BOT Development activities. Licensing may include the attended – unattended bots, orchestrator, and additional component licenses procured based on the need. 

BOT Development costs include the technology resource cost, costs incurred during the development phase. A crucial factor here could be the platform selected that has drag-and-drop components to automate a few processes. 

RPA-As-A-Service model for SMEs 

Robotic Process Automation as a service (RPAaaS) is a type of outsourcing where a service provider implements a cloud-based software robot that utilizes automation, machine learning, and computer vision to assist organizations with achieving monotonous and high-volume tasks. 

Frequently, these tasks are trigger-driven and rule-based. The RPAaaS software is answerable for all automation operations without any involvement of the respective organization. 

In simple terms, RPAaaS implies that your business con enjoy the many advantages that RPA offers without the upfront cost, inconvenience, and maintenance responsibility of buying your own RPA technology. With RPAaaS, organizations don’t need to buy their own servers, licensing, or professional services.

As organizations are racing towards being digital savvy, SMEs are also picking up their pace. With the flexibility that RPAaaS offers, it fits in as the perfect solution for SMEs with different needs and budgets for automation.

Eventually, every penny counts, so why not invest in a technology that offers flexibility, scalability, efficiency, and growth?

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