The Future of Outsourcing: Robotic Process Automation by Olufisayo May 21, 2018 written by Olufisayo Published: May 21, 2018Last Updated on June 4, 2018 0 FacebookTwitterPinterestLinkedinWhatsappEmail Related Articles 12 Things You Should Know If You Ever... June 24, 2022 The Top Business Trends for 2022 June 23, 2022 What You Should Know About Energy Plans for... June 20, 2022 Business Skills That You Need to Work as... June 16, 2022 Packaging Tips for Your E-Commerce Business – How... June 10, 2022 Do You Need A Business Server & How... June 10, 2022 Why Should You Switch Your Company to Remote... June 10, 2022 How to Start a Software as a Service... June 7, 2022 7 Tips For Choosing A Shipping Partner For... June 2, 2022 How to Get Capital to Support Your Business June 2, 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.