The dynamics of how modern businesses operate around the world are rapidly changing. Two contributing factors to such changes are generative artificial intelligence (AI) and robotic process automation (RPA). Companies leveraging RPA technology and generative AI can automate redundant tasks and produce content and data at scale.
Exploring Generative AI
Advancements with generative AI have now narrowed down the process to acquiring outputs from a series of prompts and responses. We believe that the speed at which such models are capable of generating content, coupled with this streamlined process, is a massive contributor to generative AI’s popularity.
Given this popularity, many professionals are developing concerns pertaining to their jobs being filled by AI. Companies, on the other hand, are actively seeking the use of AI as much as possible for enhanced productivity. However, it’s essential for both professionals and enterprises to know that generative AI alone might be insufficient for replacing humans.
The era of the enhanced workforce, where human-machine partnerships elevate productivity and yield exponential business value, is upon us.
Survey reports from IBM state that 87% of executives believe generative AI is more likely to augment employees and job roles as opposed to replace or automate them altogether. We believe in transitioning to a state where such technologies are a difference maker for productivity and efficiency. For that, both RPA solutions and generative AI should be used together.
RPA technology refers to a set of tools that are developed based on AI and machine learning (ML) algorithms. Technology innovators like Rinkt provide RPA solutions that can be easily integrated with enterprise applications. Our Intelligent Process Automation software products are developed with low-code use in mind.
To fully leverage RPA solutions for organisational benefits, businesses must comprehend all of these components. Our development studio is a platform used for designing and configuring process automation protocols native to an organisation. The RPA robots are individual bots that log into applications and mimic human actions to streamline and automate redundant tasks. The orchestration platform we have is what’s used for scheduling, monitoring, and controlling the bots.
Based on our expertise, we believe that generative AI, when combined with RPA, allows businesses to streamline operations, resulting in greater efficiency and productivity. At Rinkt, we empower you with intelligent automation solutions allowing you to create automated workflows and processes based on their needs and objectives.
You can use automation protocols you create with Rinkt for different industries that include, but are not limited to:
● Finance and banking
We have identified some key use cases for robotic process automation combined with generative AI for these industries and others like them. Examples of such deployments include:
We’ve seen that companies nowadays are more reliant on technology than ever before. However, some employees might not be as proficient with such technologies as others and may require IT support. Catering to such challenges using human labour requires time and incurs additional costs.
Businesses can use generative AI chatbots to provide assistance to less tech-savvy employees. In addition, they can also use RPA automation platforms like Rinkt to create automated workflows for tasks like password resets, system updates, and troubleshooting.
With the advent of things like cross-border transaction systems and innovative payment methods, businesses now experience varying streams of revenue and expense. We know that this helps companies avail opportunities, but it also makes financial management challenging, given the diverse data that’s involved.
Leveraging generative AI can help companies create complex financial reports, forecasts, and budgets with ease. Automation with Rinkt, on the other hand, allows them to streamline activities such as data collection and entry, both of which are required to generate reports.
In the digital age, companies must have an online presence that resonates with and engages their target audience. To do this, they need to produce and publish content on a consistent basis. However, businesses with limited resources might find this task challenging.
In such cases, they can use generative AI to produce text, image, audio, and video content that’s in line with their brand requirements and audience preferences. Our RPA robots, on the other hand, can be used to store, organise, and manage AI-generated content.
Marketing, similar to content creation, is something that businesses must do on a consistent basis. However, creating captivating marketing materials and reaching out to customers through different channels is a challenging pursuit that requires both human and monetary resources.
Companies can use generative AI to create marketing collateral and sales copies. In addition, they can also use the Rinkt RPA platforms and create automated workflows. RPA robots can then use these workflows to reach out to customers through different channels, such as emails etc.
Combining generative AI and RPA technology can indeed be advantageous for businesses in numerous ways. To help streamline the process, experts at Rinkt have identified some key best practices that companies should keep in mind. These practices include:
● Identifying areas of collaboration so the benefits of generative AI and RPA automation can be scaled upon.
● Developing an integration strategy for RPA technology and AI and ensuring that all objectives and key performance indicators (KPIs) have been identified.
● Building a robust team to facilitate organisational collaboration, communication, and problem-solving pertaining to the use of RPA automation and AI.
● Providing awareness and skill-based training to all employees to ensure that everyone in the company can effectively use AI and RPA solutions.
● Monitoring progress on a regular basis to ensure that both the generative AI and the RPA solutions are performing as required.
Generative AI and RPA automation are two technologies that have gained immense popularity alongside the changing business dynamics. Generative AI allows companies to produce content in varying forms at scale. RPA automation, on the other hand, helps them streamline redundant activities and improve operational efficiency and productivity.
Get in touch with Rinkt experts now and learn more about how you can leverage RPA technology for unparalleled excellence today!