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Making the Case for Robotic Process Automation

Approx. 5 hours to complete

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Course Summary

This course covers the basics of Robotic Process Automation (RPA), including its benefits, tools, and implementation. You'll also learn how to identify and evaluate RPA opportunities and develop a strategy for successful implementation.

Key Learning Points

Understand the benefits of RPA and how it can improve business processes
Identify and evaluate RPA opportunities within an organization
Learn how to develop a successful RPA implementation strategy

Learning Outcomes

Understand the fundamentals of Robotic Process Automation
Identify and evaluate RPA opportunities within an organization
Develop a successful RPA implementation strategy

Prerequisites or good to have knowledge before taking this course

Basic understanding of business processes
Familiarity with automation tools and technologies

Course Difficulty Level

Intermediate

Course Format

Self-paced
Online

Similar Courses

Business Analytics and Digital Transformation
Digital Marketing

Related Education Paths

Notable People in This Field

President and CTO, StarCIO
Senior Vice President, Research, Gartner

Related Books

Description

Overview

Robotic Process Automation (RPA) is reshaping the accounting and finance profession. 40% of transactional accounting work is expected to be automated by 2020 and predicted to touch 230 million knowledge workers, 9% of the global workforce, according to McKinsey Research. Driven by the need to stay competitive, decrease costs and increase efficiency, RPA is quickly making a significant impact on the profession. Companies no longer think about "if" but "when" to implement RPA. Short Description: • Robotic Process Automation (RPA) can transform business processes by eliminating the mundane, time-consuming, manual tasks that professionals complete; enabling them more time to focus on critical thinking. This course for accounting and finance professionals worldwide will show through use cases how robotic process automation can be utilized to decrease errors and increase productivity. Course description/ Overarching Learning Goal This course is intended to provide accounting and financial professionals with practical literacy on robotic process automation through a real-world, relevant data preparation use case. It will help identify potential uses and the benefits and considerations for robotic process automation. This course will help you make the business case by helping you assess requirements, define proof of value and measure and validate the ROI for automation.

Outline

Making the Case for Robotic Process Automation
Welcome to the Course
Making the Case for Robotic Process Automation - Leveraging Digital Transformation to Drive Value
RPA: Concepts, Importance, and Definitions
Definition of RPA
Levels of Automation
Overview of the Basic Concepts Behind Robotic Process Automation
Discussion Prompt Debrief - Overview of the Basic Concepts Behind Robotic Process Automation
Six Sigma
Discussion Prompt Debrief - Six Sigma
Concepts of Robotic Process Improvement
Application of the RPA Process
RPA Candidates
Applying Automation
Steps in Applying Automation
Data Transformation
RPA Use Case
Exercise - Identifying Data Elements
RPA Candidate Processes
Making the Case for RPA - Summary
Quiz #1
Quiz #2
Quiz #3
Quiz #4
Quiz #5
Quiz #6
Quiz #7
Quiz #8
Quiz #9
Exam

Building An RPA Business Case
Introduction to Building an RPA Business Case
Building An RPA Business Case
Key Steps to Build a Business Case
Assess Requirements
Identify Processes for RPA
Assess Key Risks
Gain Commitment and Support
Controls and Security
Methodology and Tool Choice
POC Does Not Achieve Desired Results
Define Alternatives
Develop a Proof of Value
Discussion Prompt Debrief - Develop a Proof of Value
Prioritization Considerations
Discussion Prompt Debrief - Prioritization Considerations
Define Success Metrics and Assess Impact
Assess Impact: Revenue
Define the Roadmap
Build a Plan
RPA Tool Decision Criteria
Document the Process
Ongoing Process Capture Process
Operating Model Approach
Discussion Prompt Debrief - Operating Model Approach
Operating Model Approach - People & Key Roles
Ability to Scale Processes
Operating Model Approach - Process
Execute a POC
Test and Validate
Evaluate Results
Aim for Continuous Improvement
Strategic Road Map and Summary
Key Lessons To Learn
Quiz #1
Quiz #2
Quiz #3
Quiz #4
Quiz #5
Quiz #6
Quiz #7
Quiz #8
Exam

Summary of User Reviews

Learn about Robotic Process Automation in this course on Coursera. Users have given positive feedback on the course's practicality and real-world examples. However, some have mentioned the need for more in-depth technical instruction and the high cost of certification.

Key Aspect Users Liked About This Course

practicality and real-world examples

Pros from User Reviews

Course provides hands-on experience with RPA software
Instructors use real-world examples to illustrate concepts
Course content is up-to-date with current industry trends

Cons from User Reviews

Certification can be expensive for some users
Some users feel that technical instruction could be more in-depth
Course may be too basic for those with prior RPA knowledge

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