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WEBINAR Demystifying the Steps Along the RPA Journey for Manufacturers
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WEBINAR Demystifying the Steps Along the RPA …...Among all digital transformation tools, RPA has the potential to reach more business processes and create greater business value,

Aug 29, 2020

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Page 1: WEBINAR Demystifying the Steps Along the RPA …...Among all digital transformation tools, RPA has the potential to reach more business processes and create greater business value,

WEBINARDemystifying the Steps Along the RPA Journey for Manufacturers

Page 2: WEBINAR Demystifying the Steps Along the RPA …...Among all digital transformation tools, RPA has the potential to reach more business processes and create greater business value,

Agenda – What We Want to Achieve Today

1. Why is RPA making waves globally?

2. RPA Adoption – Where is Manufacturing on the journey?

3. What are leaders saying?

4. Where do we go from here?

Page 3: WEBINAR Demystifying the Steps Along the RPA …...Among all digital transformation tools, RPA has the potential to reach more business processes and create greater business value,

The Automation Revolution

Page 4: WEBINAR Demystifying the Steps Along the RPA …...Among all digital transformation tools, RPA has the potential to reach more business processes and create greater business value,

AI-powered Digital Workforce Is Revolutionizing All Sectors

Revenue growth:

20%+higher revenues

Operational metrics:

30-40%improvement in accuracy,cycle times, and productivity

Customer experience:

50%+enterprises see improvements

Time-to-value implementation:

Fasterthan comparable tools

Cost savings:

30%delivered on average

ROI:

12 monthsdelivered on average

Page 5: WEBINAR Demystifying the Steps Along the RPA …...Among all digital transformation tools, RPA has the potential to reach more business processes and create greater business value,

Automation when applied at an Enterprise level can

Enhance Customer Experience Improve Brand Loyalty and Perception through speedand accuracy of information delivery.

Improve Profitability & Cash Flow Release Cash “stuck” in the process by acceleratingprocess workflow and reducing cycle time.

Improve Business KPIs Improve Productivity and Accuracy across finance,supply chain, manufacturing, and aftermarket functions.

Reduce Cost of Change Reduce Cost of Change throughout the design,engineering, and manufacturing processes.

Reduce Waste Reduce Waste across processes by reducing efforts, dataduplication, rework, and asset breakdown.

Page 6: WEBINAR Demystifying the Steps Along the RPA …...Among all digital transformation tools, RPA has the potential to reach more business processes and create greater business value,

Automation Anywhere Enterprise is Function Agnostic…

HUMAN RESOURCESINFORMATION TECHNOLOGY

RecruitingDatacenter

Comp & BenefitsNetwork Operations

Performance Mgmt.Security Admin.

Training & Dev.Service Desk

PayrollDesktop Support

Lifecycle Mgmt.Database Admin.

Org. Mgmt.Applications

PROCURE TO PAY ORDER TO CASH

Sourcing/ Contract

Customer Master

PO Process Order Process

Goods Receipt

Invoice Process Billing / Disp. Res.

Collections

Cash Application

Payment Process

RECORD TO REPORT

Gen. Acct. / Close

Mgmt. Reporting

External Reporting

Treasury

Tax

FP&A

Controllership

Vendor Master

T&E

Logistics / Delivery

Credit / Contract

SUPPLY CHAIN

CRM & Cust. Svc.

Demand Mgt.

Materials Mgt.

Capacity Flow Mgt.

Transport & Logistics

Carrier Mgt.

Returns Mgt.

Page 7: WEBINAR Demystifying the Steps Along the RPA …...Among all digital transformation tools, RPA has the potential to reach more business processes and create greater business value,

RPA Journey in Manufacturing

Page 8: WEBINAR Demystifying the Steps Along the RPA …...Among all digital transformation tools, RPA has the potential to reach more business processes and create greater business value,

We wanted to know how is RPA changing the Manufacturing Process landscape

Where are the challenges Is the technology easy to adopt? Is scalingautomation a problem? How are companiesovercoming them?

Current Adoption Status How do the numbers stack up?

What Early Adopters are saying Are they getting business value? How are theymeasuring it?

Future Roadmap Are companies doubling down on RPA or are theytaking a cautious approach?

Page 9: WEBINAR Demystifying the Steps Along the RPA …...Among all digital transformation tools, RPA has the potential to reach more business processes and create greater business value,

What are the challenges and how to overcome them

Page 10: WEBINAR Demystifying the Steps Along the RPA …...Among all digital transformation tools, RPA has the potential to reach more business processes and create greater business value,

The RPA adoption model that works | Challenges and solutions

Page 11: WEBINAR Demystifying the Steps Along the RPA …...Among all digital transformation tools, RPA has the potential to reach more business processes and create greater business value,

RPA in Manufacturing – A look at challenges

Key Challenges

1. Skepticism vs. Championing2. ROA and Metrics3. Process Discovery and

Prioritization4. Readiness –Technology and

Skills

Learning from practitioners can prove to be handy as they have figured it out.

Page 12: WEBINAR Demystifying the Steps Along the RPA …...Among all digital transformation tools, RPA has the potential to reach more business processes and create greater business value,

RPA in Manufacturing – Adoption Status

Page 13: WEBINAR Demystifying the Steps Along the RPA …...Among all digital transformation tools, RPA has the potential to reach more business processes and create greater business value,

RPA in Manufacturing – RPA awareness and adoption

For 36% on their way in the RPA journey. The key for them is to scale.

For 47% yet to start and “On the fence” – We wanted to know why?

For 16% we wanted to know what it would take.

Page 14: WEBINAR Demystifying the Steps Along the RPA …...Among all digital transformation tools, RPA has the potential to reach more business processes and create greater business value,

RPA in Manufacturing – Experience so far

Finance is leading in adopting RPA followed by IT.

LRC is the farthest behind in RPA

75% say RPA pilot met or exceeded expectations.

4% say it failed to meet expectations.

Page 15: WEBINAR Demystifying the Steps Along the RPA …...Among all digital transformation tools, RPA has the potential to reach more business processes and create greater business value,

What the practitioners are saying

Page 16: WEBINAR Demystifying the Steps Along the RPA …...Among all digital transformation tools, RPA has the potential to reach more business processes and create greater business value,

RPA in Manufacturing – How the adopters are fairing | ROI view

84% see ROI within 12 months.

46% see ROI within 6 months.

Efficiency and Accuracy are main benefits cited.

Page 17: WEBINAR Demystifying the Steps Along the RPA …...Among all digital transformation tools, RPA has the potential to reach more business processes and create greater business value,

RPA in Manufacturing – How the adopters are fairing | ROI and success factors

77% cited FTE bandwidth for “Value Added” activities as an observed benefit from RPA.

Communication, Culture and Change Management are key factors that determined ROI.

Page 18: WEBINAR Demystifying the Steps Along the RPA …...Among all digital transformation tools, RPA has the potential to reach more business processes and create greater business value,

RPA in Manufacturing – Perspective on ROI

Clear parameters emerge for ROI considerations.

Companies use Man hours and Dollars saved as tangible measures.

“Cost Avoidance” based ROI is also used.

Page 19: WEBINAR Demystifying the Steps Along the RPA …...Among all digital transformation tools, RPA has the potential to reach more business processes and create greater business value,

Roadmap

Page 20: WEBINAR Demystifying the Steps Along the RPA …...Among all digital transformation tools, RPA has the potential to reach more business processes and create greater business value,

RPA in Manufacturing – A look at the future roadmap | Budget and focus

Companies who have started already are doubling down on RPA as they see clear ROA

Horizontal propagation is happening through CoE model.

Page 21: WEBINAR Demystifying the Steps Along the RPA …...Among all digital transformation tools, RPA has the potential to reach more business processes and create greater business value,

Conclusion

Among all digital transformation tools, RPA has the potential to reach more business processes and create greater business value, at a shorter time to

value

Our research indicates many manufacturing companies have not considered or implemented it at enterprise scale.

Our research highlights five stages manufacturers encounter in RPA implementation. Each has challenges but, with preparation,

manufacturers can realize significant value from RPA.

Page 22: WEBINAR Demystifying the Steps Along the RPA …...Among all digital transformation tools, RPA has the potential to reach more business processes and create greater business value,

CTA

Talk to Automation Anywhere and start/scale your RPA journey at Enterprise level

A leading Manufacturing company has delivered USD 24 Mn+ value in 1 year alone with Automation Anywhere RPA.

300% more than planned.

Page 23: WEBINAR Demystifying the Steps Along the RPA …...Among all digital transformation tools, RPA has the potential to reach more business processes and create greater business value,
Page 24: WEBINAR Demystifying the Steps Along the RPA …...Among all digital transformation tools, RPA has the potential to reach more business processes and create greater business value,

The Manufacturers’ Internal Audit ConferenceMarch 10-11 | Chicago | internalauditmfg.com