- DOI: 10.2478/emj-2022-0012
- Corpus ID: 250597971
Robotic Process Automation (RPA) Adoption: A Systematic Literature Review
- Diogo Silva Costa , H. Mamede , Miguel Mira da Silva
- Published in Engineering Management in… 1 June 2022
- Engineering, Computer Science, Business
26 Citations
A lean approach to robotic process automation in banking, towards intelligent automation (ia): literature review on the evolution of robotic process automation (rpa), its challenges, and future trends, performance evaluation regarding the implementation of robotic process automation: a proposed maturity model.
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Employees’ attitudes towards implementing robotic process automation technology at service companies
Robotic process automation using process mining - a systematic literature review, the implementation of lean six sigma for the optimization of robotic process automation systems in financial service operations, a method for selecting processes for automation with ahp and topsis, robotic process automation (rpa) – bibliometric analysis and literature review, benefits and challenges of robotic process automation, enhancing the existing benefits of robotic process automation in the logistics industry, 30 references, robotic process automation: contemporary themes and challenges, robotic process automation — a driver of digital transformation, impact of digitalization on procurement: the case of robotic process automation, robotic process automation in purchasing and supply management: a multiple case study on potentials, barriers, and implementation, robotics process automation at techserv: an implementation case study, robotic process automation in public accounting, robotic process automation: strategic transformation lever for global business services, candidate digital tasks selection methodology for automation with robotic process automation, early evidence of digital labor in accounting: innovation with robotic process automation, the adoption of robotic process automation technology to ensure business processes during the covid-19 pandemic, related papers.
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- Robotic process automation
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- Published: 04 November 2019
- Volume 30 , pages 99–106, ( 2020 )
Cite this article
- Peter Hofmann ORCID: orcid.org/0000-0003-3283-909X 1 ,
- Caroline Samp 2 &
- Nils Urbach 3
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Within digital transformation, which is continuously progressing, robotic process automation (RPA) is drawing much corporate attention. While RPA is a popular topic in the corporate world, the academic research lacks a theoretical and synoptic analysis of RPA. Conducting a literature review and tool analysis, we propose – in a holistic and structured way – four traits that characterize RPA, providing orientation as well as a focus for further research. Software robots automate processes originally performed by human work. Thus, software robots follow a choreography of technological modules and control flow operators while operating within IT ecosystems and using established applications. Ease-of-use and adaptability allow companies to conceive and implement software robots through (agile) projects. Organizational and IT strategy, governance structures, and management systems therefore must address both the direct effects of software robots automating processes and their indirect impacts on firms.
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Peter Hofmann
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Hofmann, P., Samp, C. & Urbach, N. Robotic process automation. Electron Markets 30 , 99–106 (2020). https://doi.org/10.1007/s12525-019-00365-8
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Received : 04 December 2018
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DOI : https://doi.org/10.1007/s12525-019-00365-8
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Benchmarking: An International Journal
ISSN : 1463-5771
Article publication date: 12 August 2021
Issue publication date: 26 April 2022
This study intends to find the industries that have leveraged Robotic Process Automation (RPA) technology and elucidate the extent of the adoption of RPA in various industry domains with benefits. The identification of tasks eligible for RPA itself is a challenge. Therefore, the study further brings out the challenges faced in various industry verticals and postulates the future direction of research and applications in RPA.
Design/methodology/approach
The study focuses on articles from popular databases such as SCOPUS, Web of Science and Google scholar. PRISMA methodology is used for systematic literature review and 113 papers are shortlisted for study. Three questions are framed to carry out the review and set the research direction.
It is evident from this study that RPA has been widely used in banking and related areas with moderate use in healthcare and manufacturing leading to operational efficiency and productivity. However, there are a lot more opportunities in other domains that need to be taped by leveraging technology advancements and a research agenda has been devised by postulating future directions.
Originality/value
The study brings out a new comprehensive perspective as regards RPA implementation across domains. There is no promising study found that gathers three-dimensional aspects of the meta-themes applications, benefits and challenges. The study summarizes the research agenda and projects the industry domains that have not yet explored, the benefits of RPA. This will be a good reference article for those who develop RPA techniques and organizations that have plans to go for RPA.
- Transformation
- RPA industry application
- Intelligent process automation
- Software robots
Pramod, D. (2022), "Robotic process automation for industry: adoption status, benefits, challenges and research agenda", Benchmarking: An International Journal , Vol. 29 No. 5, pp. 1562-1586. https://doi.org/10.1108/BIJ-01-2021-0033
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Title: proagent: from robotic process automation to agentic process automation.
Abstract: From ancient water wheels to robotic process automation (RPA), automation technology has evolved throughout history to liberate human beings from arduous tasks. Yet, RPA struggles with tasks needing human-like intelligence, especially in elaborate design of workflow construction and dynamic decision-making in workflow execution. As Large Language Models (LLMs) have emerged human-like intelligence, this paper introduces Agentic Process Automation (APA), a groundbreaking automation paradigm using LLM-based agents for advanced automation by offloading the human labor to agents associated with construction and execution. We then instantiate ProAgent, an LLM-based agent designed to craft workflows from human instructions and make intricate decisions by coordinating specialized agents. Empirical experiments are conducted to detail its construction and execution procedure of workflow, showcasing the feasibility of APA, unveiling the possibility of a new paradigm of automation driven by agents. Our code is public at this https URL .
Comments: | Work in progress |
Subjects: | Robotics (cs.RO); Artificial Intelligence (cs.AI); Computation and Language (cs.CL) |
Cite as: | [cs.RO] |
(or [cs.RO] for this version) | |
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Robotic Process Automation: Challenges and Solutions for the Banking Sector
: Prateek Patri, Robotic Process Automation: Challenges and Solutions for the Banking Sector, International Journal of Management 11(12), 2020, pp. 322-333.
12 Pages Posted: 18 Feb 2021
Prateek Patri
Symbiosis Centre for Information Technology, Pune, Maharashtra, India.
Date Written: February 15, 2021
In order to cater to the growing customer domain with new service conditions such as 24x7 service, fail-safe service, and mobile service, organizations are incorporating more and more technology-based solutions. Robotic Process Automation (RPA) has emerged as one of the key technology strategies for scaling services with robustness and efficiency. RPA is being increasingly used as a tool to automate, scale-up, manage, analyze, and provide superior customer service. This research paper explains the key challenges banks face in the implementation of RPA and proposes suggestions for banks to avoid these challenges in RPA implementation. The issues faced before and post-implementation of RPA have been discussed. How to deal with security issues on the implementation of RPA has also been discussed. An improved RPA has been proposed to how banks can address new challenges such as debit card fraud and showed how automation benefits the banks in terms of improved error rate, processing time, accuracy, and reliability.
Keywords: :Robotic Process Automation, Business Process Automation, Banking Industry, Technology in Banking, Work Flow Digitization, RPA Bots, Business Case, RPA Adoption Challenges.
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Symbiosis centre for information technology, pune, maharashtra, india. ( email ), do you have a job opening that you would like to promote on ssrn, paper statistics, related ejournals, decision-making in economics & finance ejournal.
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Syed et al. [10] perform an SLR through the analysis of 125 peer-reviewed publications and white papers in the area of RPA. The study responds to six research questions: what is RPA, what are the benefits for organizations in adopting RPA; how the literature describes readiness for RPA; what is the potential of RPA; what is the methodology for ...
The automation of robotic processes has been experiencing an increasing trend of interest in recent times. However, most of literature describes only theoretical foundations on RPA or industrial results after implementing RPA in specific scenarios, especially in finance and outsourcing. This paper presents a systematic mapping study with the aim of analyzing the current state-of-the-art of RPA ...
In this context, this paper aims to present a study of the RPA tools associated with AI that can contribute to the improvement of the organizational processes associated with Industry 4.0. It appears that the RPA tools enhance their functionality with the objectives of AI being extended with the use of Artificial Neural Network algorithms, Text ...
Within digital transformation, which is continuously progressing, robotic process automation (RPA) is drawing much corporate attention. While RPA is a popular topic in the corporate world, the ...
Motivated by the increase in interest in Robotic Process Automation from industry and academia, this paper presents key insights from a structured literature review on the topic of RPA involving 125 papers and is guided by six overarching research questions. The paper synthesises the findings around six key themes, namely, RPA definitions, RPA ...
Robotic Process Automation (RP A) is the new technology that aims to create software r obots (bots) that. mimic human behavior. Transitioning to RPA, enterpr ises aim to reduce labor costs ...
In this paper, we investigated the status quo of RPA research focusing on the challenge of the systematic design, development, and evolution of RPA projects while considering aspects of socio-technical design and adoption (Syed et al. 2020). Following a structured literature review, an interview study as well multiple workshops to uncover ...
The paper aims to identify the organisational, technological, and human-centred challenges that companies face in transitioning from RPA to IPA. The research process involved conducting the ...
This research identified the most general implementation approaches of successful RPA adoption cases, observed benefits, challenges commonly faced by organisations, characteristics that make processes more suitable for RPA, and research gaps in the current literature. Abstract Robotic process automation (RPA) is a recent technology that has recently become increasingly adopted by companies as ...
Hence, the aim of this paper is to review and structure the latest state of academic research on RPA. Our research aim can be broken down into the following research objectives: First, to develop a classification framework to structure the existing research in the field. Second, to identify research gaps and to derive a future research agenda.
Robotic Process Automation (RPA) is the automation of rule-based routine processes to increase efficiency and to reduce costs. Due to the utmost importance of process automation in industry, RPA attracts increasing attention in the scientific field as well. This paper presents the state-of-the-art in the RPA field by means of a Systematic Literature Review (SLR). In this SLR, 63 publications ...
Within digital transformation, which is continuously progressing, robotic process automation (RPA) is drawing much corporate attention. While RPA is a popular topic in the corporate world, the academic research lacks a theoretical and synoptic analysis of RPA. Conducting a literature review and tool analysis, we propose - in a holistic and structured way - four traits that characterize RPA ...
To examine this, we focus on robotic process automation (RPA), a cutting-edge and highly relevant technology. We conducted a comprehensive analysis by examining the usage of RPA and its impact on environmental, social, and governance (ESG) factors. Our research involved gathering data from the 300 largest companies in terms of market ...
Therefore, future research could build on the supply chain practice view (Kosmol et al., 2019) and examine the impact of RPA on the digital readiness, information exchange, and collaboration within the buyer-supplier dyad, particularly concerning supply chain inefficiencies due to poor demand forecasts and communication (Ouyang, 2007).
PRISMA methodology is used for systematic literature review and 113 papers are shortlisted for study. Three questions are framed to carry out the review and set the research direction.,It is evident from this study that RPA has been widely used in banking and related areas with moderate use in healthcare and manufacturing leading to operational ...
Robotic process automation (RPA) emerges as a new technology. which is focused on au tomation of repetitive, routine, rule-b ased human tasks, aiming to bring benefits to the organizations that ...
From ancient water wheels to robotic process automation (RPA), automation technology has evolved throughout history to liberate human beings from arduous tasks. Yet, RPA struggles with tasks needing human-like intelligence, especially in elaborate design of workflow construction and dynamic decision-making in workflow execution. As Large Language Models (LLMs) have emerged human-like ...
Their research questions focused on the progress of RPA as research field, the difference between RPA and Business Process Management Systems, and the use of RPA in business practice. The SLR of Beetz and Riedl [3] reviews papers that focus on process evaluation development to identify the business processes that are suitable for RPA ...
Robotic Process Automation (RPA) has emerged as one of the key technology strategies for scaling services with robustness and efficiency. RPA is being increasingly used as a tool to automate, scale-up, manage, analyze, and provide superior customer service. This research paper explains the key challenges banks face in the implementation of RPA ...
Authors have studied articles from around 15 years research papers i.e, from 2007 to 2022 from authentic database such as WOS, Scopus, Springer, Scopus, Science direct, Elsevier and other reputed ...
In this paper we talk about RPA and one of the RPA tools- UiPath, then go on to discuss the prospect and scope of automation in the field of Digital Marketing and how using RPA will largely benefit this section of business by superseding the manually done repetitive tasks of digital marketing. This technology has been a boon to many sectors of ...