Robitics in Finance Blogpost_option_1

Robotics – has met a lot of scepticism in the past especially Robotic Process Automation (RPA). Its novelty on the market and the missing case studies and real-life examples were lead to a generally believe that RPA is just another automation strategy by Software vendors or your IT Department with benefits to good to be true.

The truth is that at this moment only roughly 40% of business use RPA and not many of those have real strategies in place to leverage the power and potential of RPA for their business model or services. This leaves half of the market place to be conquered by PMs who understand the benefits and the potential of RPA to significantly save cost and generate operational benefits for your organisations.

Lara was asked to speak to the Members of the Project Management Institution Chapter Switzerland Zurich in order to speak about her experience with RPa, the benefits and pitfalls as well as the future regarding RPA in Finance.

lara Event PMI robotics in finance
pmi switzerland logo

The presentation centered around the premise that we are entering a new era where low skilled labor used for repetitive tasks and rule based processes will lose their jobs within the next 5 years. Partly because this is RPAs strong suit and it excells in that area, and on the other hand because the technological advances which are being made and will be made in that timeframe will see to that change.

It is super important to mention that we are not talking about *real life transformer bots“. RPA is much more a  „better“ macro which are used to streamline processes, that are boring, repetitive and do not change too often and therefore humans should not be bothering with them.

If you are interested and read the slide deck you will learn:

 

  1. Main Question: Will Robots steal my Job?
  2. What is Robotics RPA and why should I care (as a PM)?
  3. What does the robot need to work
  4. Limitation of the Robot?
  5. Two relevant Business Cases which will cover:
    • The motivation for RPA
    • Which objectives were achieved?
    • Which goals weren’t?
    • Lessons Learned
    • Relevance for project managers?

All in all we are grateful for the opportunity to present to elite Project Managers which are always eager to learn and adapt to the changes this industry brings.

If you are looking for a speaker on Robotics, change mangement, Lean office etc please do not hesitate to contact us