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 Common Mistakes Entrepreneurs Make When Hiring New Employees September 15, 2023 The 5 Essential Safety Tips For Working On... September 15, 2023 5 Tips for Safely Shipping Delicate Products September 15, 2023 Benefits of Skills Management Software For Your Startup... September 6, 2023 5 Useful Ways to Use Automation in Your... August 15, 2023 The 3 Ways for Your Company to Save... August 8, 2023 Why Companies Choose to Incorporate In Delaware August 4, 2023 Local Ranking Factors That Can Help Bolster SEO... August 2, 2023 How to Use Storytelling for Promoting Your Business August 2, 2023 Getting Ahead: SEO Packages For Small Business Entrepreneurs! July 30, 2023 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.