When it comes to adopting Robotic Process Automation (RPA), Artificial Intelligence (AI) and Machine Learning (ML), Indonesia is gaining momentum. 71% of companies plan to increase their investment spending on digital technologies in 2021, and big data analytics and AI are among the top 3 technologies they are planning to invest in in the next 2-4 years.
If your company hasn't started looking into digital transformation and intelligent automation, you need to—because your competitors have.
Key RPA market trends in Indonesia
Indonesia's rising digital economy is leading the push for increased automation so as to improve customer experience, as well as to ensure scalability and sustainability of business models.
Industries such as manufacturing, retail, telecom, financial services and others, are rapidly scaling their investments in automation to support the upsurge in digital transactions, improve efficiencies in supply chains, and integrate SaaS applications and workflows.
Being home to one of the largest population of digital natives, Indonesia's enterprises are turning to automation to enhance employee experience and to address the acute talent shortages.
While current automation adoption levels are relatively low, more organizations are expected to have an enterprise-wide automation deployment by 2025, with particular emphasis on the following business functions - operations, finance and supply chain.
DO YOU KNOW?
We know intuitively that RPA bots performed transactional tasks faster than humans. But just how much faster? Well, we have an answer now.
According to researchers from Universitas Padjadjaran in Indonesia, a RPA automated process is completed 8.47x faster than the manual process, while having zero errors. In the study, the invoice-to-payment process for a telecommunications company was automated using UiPath, a leading RPA vendor, with staggering results. The average through times per transaction for the automated process was a mere 19s as compared to 2min 41s for the manual process. In addition, the manual process resulted in the occasional errors which doubtlessly incurred additional efforts and costs to rectify.
It's time to take the robot out of the human, and start automating the w*** out of work!
Read on for a practical example of RPA combined with AI/ML
RPA and AI/ML helped this local manufacturer automate invoice processing from end-to-end
With each supplier having a different invoice format, invoice processing was tedious, and it was all too easy to make mistakes. Finance executives had to manually identify Purchase Order (PO) numbers on the invoices, then pore over the quantities and amounts among a jumble of numbers on each invoice, trying to match them with the POs in the ERP system. Existing
technologies like Optical Character Recognition (OCR) rely on templates and does not scale
CFB Bots designed and implemented a solution that integrated several best-in-class
technologies to support straight-through processing of invoices, including:
• UiPath Document Understanding for intelligent invoice extraction
• UiPath Action Center for human-in-the-loop validation
• UiPath Attended Robots to automate posting of invoices
• UiPath AI Center to support retraining of Machine Learning models
Again the prompt responses and ease of reach gives the client a sense of assurance that the partnership is not just a one time project but really to pursue a longer term goal of enhancing a corporate to be self sustainable and efficient with the use of RPA.
– Business and System Support Analyst,
Local Manufacturing Company
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Previously, from time to time, the robot would hang and require restart. I had to be on a constant lookout, checking whether the robot was functioning normally—even outside working hours.
Now, the system is very stable. With CFB Bots’ involvement, that was made achievable.
International Precision Component Manufacturer
Your professionalism and passion to walk through every detail ensure smooth integration between TAP and Yardi backend.
It is a blessing that we have you as a project partner. Else, we will not able to complete it in such a challenging timeline.
A Multi-Billion Dollar Real Estate Investment Company
I would like to express my gratitude for the amazing work your team has done to automate the Cash Allocation and GRN processes using UiPath RPA.
With this automation, employees do not need to spend hundreds of hours yearly performing mundane data entry. This has greatly improved the productivity of the Finance and Parts departments.