The Future of Outsourcing: Robotic Process Automation by Olufisayo May 21, 2018 published by Olufisayo Published: May 21, 2018Last Updated on June 4, 2018 0 FacebookTwitterPinterestLinkedinWhatsappEmail Related Articles 4 Quick Tax Tips for the Newly Self-Employed November 30, 2022 5 Tips For Building A Successful International Shipping... November 29, 2022 Terms Every Real Estate Agent Should Know November 27, 2022 Why Your Business Should Hire Armed Security Guards? November 24, 2022 5 Useful Tips for Catering Startups November 21, 2022 6 Ways to Improve Your Drop Shipping Business November 19, 2022 Private Sector Tenders: The Benefits and Differences November 17, 2022 7 Reasons Why VoIP Is the Ideal Solution... November 16, 2022 NOSH – Buy and Sell Gift Cards at... November 11, 2022 Skills Every Successful Entrepreneur Needs to Have November 11, 2022 2 comments Oliver Harris May 30, 2018 - 2:37 PM RPA can change the way in which companies outsource. Companies often outsource to foreign countries as a way to get tasks completed when they cannot afford to hire workers locally. This sends company money to other countries to pay the outsourced workers, removing income from the local economy while risking that customers might not receive the best quality of service. Automation software takes the outsourced worker out of the equation, filling in for the jobs that were previously handled by a foreign worker. David Adams January 29, 2021 - 3:20 AM Though RPA and outsourcing share many similarities, there are some aspects that they do not impart: a lack of security, a loss of internal knowledge capital of a business’ processes, and slow response times. Sometimes, offshore outsourcing can also result in productivity losses due to time zone differences. Thus, more organizations are switching robotic process automation especially in conjunction with artificial intelligence and machine learning. Thank you for sharing this interesting article. Comments are closed.