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 Equipment and Supplies Every Take-Out Restaurant Needs September 23, 2021 How Does an Ad Revenue Calculator Work and... September 22, 2021 Top 6 Ideas for a Start-Up Business in... September 18, 2021 4 Major Things to Consider When Starting a... September 17, 2021 4 Security Tips to Keep Your Small Business... September 9, 2021 3 Worthwhile Services That Could Enhance Your Business September 9, 2021 How to Enhance Your Next QBRS with Data-Driven... September 6, 2021 7 Proven Methods for Improving Productivity in Your... September 3, 2021 The 4 Ways That Project Management Can Help... September 1, 2021 How to Empower Your Team with Time and... September 1, 2021 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.