GRC with RPA

What is Robotic Process Automation (RPA) According to gartner, RPA is the recalibration of human labor to drive business outcomes. RPA is low cost, it costs about 1/3rd of offshore and 1/5th of onshore employees. It is quick to implement and unobtrusive. It can work with zero human error. It is commonly used for reporting, accounts payable, customer feedback capture and sales quote preparation. What is Governance, Risk management and…

Robotic Process Automation for Compliance

According to KPMG, three classes based on the level of automation:  Class 1: Basic process automation  Class 2: Enhanced process automation  Class 3: Cognitive automation addresses transactional work activities that are rules-based and primarily repetitive in nature. This includes screen-scraping, macros, incorporating workflows and basic design capabilities. enables the recognition of unstructured data and aids in adapting to the business environment. enables decision support with the help of advanced decision algorithms, the evolution of these tools…