{"id":4328,"date":"2021-01-11T15:48:01","date_gmt":"2021-01-11T15:48:01","guid":{"rendered":"https:\/\/www.peeriosity.com\/shared-services\/articles\/?p=4328"},"modified":"2022-08-23T18:07:53","modified_gmt":"2022-08-23T18:07:53","slug":"rpa-impact-and-speed-to-implement","status":"publish","type":"post","link":"https:\/\/www.peeriosity.com\/shared-services\/articles\/2021\/01\/rpa-impact-and-speed-to-implement\/","title":{"rendered":"RPA Impact and Speed to Implement"},"content":{"rendered":"\r\n<p style=\"font-size: 14px;\"><strong>Introduction<\/strong><\/p>\r\n\r\n\r\n\r\n<p style=\"font-size: 14px;\">Similar to the hype and buzz that surrounded BPO 20 years ago, today\u2019s Shared Services leaders can\u2019t avoid questions about approaches and strategies related to Intelligent Automation. Being able to filter through the hype and point to specific examples from peers is critical to being able to design an approach that is right for your company.\u00a0 The good news is that many companies are making rapid progress, and through active collaboration with peers they are able to create a design that has a high probability of success, with the ability to fine-tune and adjust quickly as needed to ensure the best possible outcomes. \u00a0<\/p>\r\n\r\n\r\n\r\n<p style=\"font-size: 14px;\"><strong>iPolling<sup>TM<\/sup> Results Review<\/strong><\/p>\r\n\r\n\r\n\r\n<p style=\"font-size: 14px;\">Recently, Peeriosity\u2019s iPolling<sup>TM<\/sup> was used to better understand the impact for Peeriosity members of using <a href=\"https:\/\/www.peeriosity.com\/shared-services\/articles\/category\/rpa-ai\/\">Intelligent Automation solutions<\/a> and specifically by deploying <a href=\"https:\/\/www.investopedia.com\/terms\/r\/robotic-process-automation-rpa.asp\" target=\"_blank\" rel=\"noopener\">Robotic Process Automation (RPA)<\/a>.\u00a0 The results were overwhelming, with 75% of members indicating that RPA is an important technology that provides them with new tools to improve their operations.\u00a0 An additional 20% reported that RPA is an interesting technology that they are beginning to leverage, with only 5% indicating the RPA is an interesting technology but so far, they have not been able to capitalize on the benefits.\u00a0 Here are the details:<\/p>\r\n\r\n\r\n\r\n<figure class=\"wp-block-image\"><img loading=\"lazy\" class=\"alignnone wp-image-4329\" src=\"https:\/\/www.peeriosity.com\/shared-services\/articles\/wp-content\/uploads\/2021\/01\/image-2.png\" alt=\"ipolling results on RPA impact within the organization\" width=\"663\" height=\"402\" srcset=\"https:\/\/www.peeriosity.com\/shared-services\/articles\/wp-content\/uploads\/2021\/01\/image-2.png 663w, https:\/\/www.peeriosity.com\/shared-services\/articles\/wp-content\/uploads\/2021\/01\/image-2-300x182.png 300w, https:\/\/www.peeriosity.com\/shared-services\/articles\/wp-content\/uploads\/2021\/01\/image-2-495x300.png 495w\" sizes=\"(max-width: 663px) 100vw, 663px\" \/><\/figure>\r\n\r\n\r\n\r\n<p style=\"font-size: 14px;\">The second polling question asked about <a href=\"https:\/\/www.peeriosity.com\/shared-services\/articles\/2019\/02\/intelligent-automation-speed-and-project-staffing\/\">speed to implement<\/a>, defined as the average amount of time it takes to get a bot into production once a project is approved.\u00a0 While the results indicate a wide range, for 47% of Peeriosity members the average is between four and eight weeks, with an equal number of companies reporting either higher or lower average times.\u00a0 Here are the details:<\/p>\r\n\r\n\r\n\r\n<figure class=\"wp-block-image\"><img loading=\"lazy\" class=\"alignnone wp-image-4330\" src=\"https:\/\/www.peeriosity.com\/shared-services\/articles\/wp-content\/uploads\/2021\/01\/image-3.png\" alt=\"ipolling results on time frame to get a bot into production in the company\" width=\"663\" height=\"403\" srcset=\"https:\/\/www.peeriosity.com\/shared-services\/articles\/wp-content\/uploads\/2021\/01\/image-3.png 663w, https:\/\/www.peeriosity.com\/shared-services\/articles\/wp-content\/uploads\/2021\/01\/image-3-300x182.png 300w, https:\/\/www.peeriosity.com\/shared-services\/articles\/wp-content\/uploads\/2021\/01\/image-3-494x300.png 494w\" sizes=\"(max-width: 663px) 100vw, 663px\" \/><\/figure>\r\n\r\n\r\n\r\n<p style=\"font-size: 14px;\">Here are several of the comments added by members:<\/p>\r\n\r\n\r\n\r\n<ul class=\"font-14\">\r\n<li><em>Since we started with RPA, we have gone through some learning curves and hence initial deployments are a bit slower, but we hope to ramp those up going forward.<\/em><\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<ul class=\"font-14\">\r\n<li><em>RPA is one of several technologies being leveraged to automate business processes in our organization. Timelines will vary based on process complexity and your customers\u2019 readiness (for example, whether there has there been a full process improvement assessment conducted with some changes already implemented). While 8-12 weeks on average is accurate, we do have projects that have taken 16+ weeks to complete due to high complexity, IT\/Business constraints, SME availability, and\/or change management efforts.<\/em><\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<ul class=\"font-14\">\r\n<li><em>We have implemented over 100 robotic process automation in 2020 so far.<\/em><\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<ul class=\"font-14\">\r\n<li><em>After 1 year we have implemented 15 bots. We plan to expand this further in 2021.<\/em><\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<ul class=\"font-14\">\r\n<li><em>Averages can be misleading. Most of our medium-complexity automation is in production within 10 to 14 weeks from the official start date. \u00a0Automations that are highly complex, require client approval, or involve prioritization\/development work by a core system team can be 16+ weeks in duration.<\/em><\/li>\r\n<\/ul>\r\n\r\n\r\n\r\n<p style=\"font-size: 14px;\"><strong>Closing Summary<\/strong><\/p>\r\n\r\n\r\n\r\n<p style=\"font-size: 14px;\">When it comes to Intelligent Automation, separating fact from fiction, and knowing the detailed experiences of your peers is critical to achieving the best possible outcomes.\u00a0 Fortunately, members of Peeriosity\u2019s Intelligent Automation best practice research community are well-positioned to understand and learn from the actual experiences of leading peers.\u00a0 Based on actual Peeriosity member experiences (without any spin from vendors or consultants) the results are overwhelmingly positive, with 75% of members indicating that RPA is an important technology that provides them with new tools to improve their operations.\u00a0 \u00a0<\/p>\r\n\r\n\r\n\r\n<p style=\"font-size: 14px;\">What best describes the impact of RPA within your organization? How many bots do you have in production and what is the timeframe to implement once a project is approved? \u00a0<\/p>\r\n\r\n\r\n\r\n<p style=\"font-size: 14px;\">Who are <em>your<\/em> peers and how are you collaborating with them?<\/p>\r\n\r\n\r\n\r\n<p>______________________________________________________________________________<\/p>\r\n\r\n\r\n\r\n<p style=\"font-size: 14px;\">\u201ciPolling<sup>TM<\/sup>\u201d is available exclusively to Peeriosity member company employees, with consultants or vendors prohibited from participating or accessing content. Members have full visibility of all respondents and their comments. Using Peeriosity\u2019s integrated email system, Peer Mail<sup>TM<\/sup>, members can easily communicate at any time with others who participated in iPolling.<\/p>\r\n\r\n\r\n\r\n<p style=\"font-size: 14px;\">Peeriosity members are invited to log into <a href=\"http:\/\/www.peeriosity.com\/shared-services\/\">www.peeriosity.com<\/a> to join the discussion and connect with Peers.\u00a0 \u00a0Membership is for practitioners only, with no consultants or vendors permitted.\u00a0 To learn more about Peeriosity, <a href=\"https:\/\/www.peeriosity.com\/shared-services\/\">click here<\/a>.<\/p>\r\n<p><span class='st_linkedin_large' st_title='RPA Impact and Speed to Implement' st_url='https%3A%2F%2Fwww.peeriosity.com%2Fshared-services%2Farticles%2F2021%2F01%2Frpa-impact-and-speed-to-implement%2F' displayText='linkedin'><\/span><span class='st_twitter_large' st_title='RPA Impact and Speed to Implement' st_url='https%3A%2F%2Fwww.peeriosity.com%2Fshared-services%2Farticles%2F2021%2F01%2Frpa-impact-and-speed-to-implement%2F' displayText='twitter'><\/span><span class='st_email_large' st_title='RPA Impact and Speed to Implement' st_url='https%3A%2F%2Fwww.peeriosity.com%2Fshared-services%2Farticles%2F2021%2F01%2Frpa-impact-and-speed-to-implement%2F' displayText='email'><\/span><\/p>","protected":false},"excerpt":{"rendered":"<p>Introduction Similar to the hype and buzz that surrounded BPO 20 years ago, today\u2019s Shared Services leaders can\u2019t avoid questions about approaches and strategies related to Intelligent Automation. Being able to filter through the hype and point to specific examples from peers is critical to being able to design an approach that is right for [&hellip;]<\/p>\n<p><span class='st_linkedin_large' st_title='RPA Impact and Speed to Implement' st_url='https%3A%2F%2Fwww.peeriosity.com%2Fshared-services%2Farticles%2F2021%2F01%2Frpa-impact-and-speed-to-implement%2F' displayText='linkedin'><\/span><span class='st_twitter_large' st_title='RPA Impact and Speed to Implement' st_url='https%3A%2F%2Fwww.peeriosity.com%2Fshared-services%2Farticles%2F2021%2F01%2Frpa-impact-and-speed-to-implement%2F' displayText='twitter'><\/span><span class='st_email_large' st_title='RPA Impact and Speed to Implement' st_url='https%3A%2F%2Fwww.peeriosity.com%2Fshared-services%2Farticles%2F2021%2F01%2Frpa-impact-and-speed-to-implement%2F' displayText='email'><\/span><\/p>","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[16],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v19.2 (Yoast SEO v19.13) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>RPA Impact and Speed in Shared Services | Peeriosity, LLC<\/title>\n<meta name=\"description\" content=\"Results were overwhelming, with 75% of members indicating that RPA impact and speed to implement are important to improve their operations.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.peeriosity.com\/shared-services\/articles\/2021\/01\/rpa-impact-and-speed-to-implement\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" 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