Advantages of Robotic Process Automation:
1. Robotic Process Automation is very efficient as it is completely safe, steady, very reliable and at the same time scalable.
2. It is not constrained to specific software and hence can implemented with greater flexibility and speed.
3. It is comparatively cost effective to any other optional process.
4. Organization can build Robotic Process Automation software’s that have a centralized capability to implement process automation across multiple platforms and also different technologies.
5. System updates are easily available and that too without any coding. Hence it is easy to adapt to the system changes without any type of hassles.
Disadvantages of Robotic Process Automation:
1. Attrition: Although Robotics bots can’t always displace workers, it is a possibility. Moreover, because organizations can add bots to handle increasing workloads. They won’t need to hire the additional workers who would have otherwise handled that growing volume of work.
2. Sprawling technology: As organizations add more bots to perform more tasks, they risk creating an unwieldy collection that becomes more difficult and more costly to manage and maintain.
It can happen if you’re not governing it right, if understanding who has responsibility for what isn’t formalized and if you’re just building bots and throwing them into production.
3. Added complexity: Robotic Process Automation can create layers upon layers of software when it’s not effectively documented, managed. It creates complexity that could make business improvements harder to achieve.
4. Magnification of problematic processes: According to experts, organizations that don’t first review and, if necessary, re-engineer and optimize processes before automating them risk automating problematic processes. It means that amplifying inefficiencies, errors and anything else that was wrong with the process in the first place.