Using RPA to Simplify E-Commerce Operations and Increase Efficiency
RPA in E-Commerce
Over the past few decades, the main aim of technological advancement has been to ease the periodic activities that occur all over the globe frequently. E-Commerce can be hailed as one of the biggest advancements of the Tech-Era as it has had a huge impact on the general public in terms of the ease of access to regional and international goods. As the world is moving towards digital transformation, RPA can be called yet another advancement in the Tech-Era where-in it has a huge impact in easing the periodic and repetitive tasks in an organization. As the growth of the companies providing E-Commerce as a service increases, digital data, and periodic work also increases, thus creating a need for RPA. Since RPA can communicate with multiple applications that are used in any organization and interact with the user interface it is effortless to amalgamate it into any organization.
One such leading RPA solution platform is UiPath. UiPath is a leading Robotic Process Automation (RPA) solution provider with powerful capabilities in AI, ML, and OCR. Its Document Understanding feature uses AI and ML to automate complex document-based workflows, making it easier to classify, extract, and process data from unstructured documents. The OCR capabilities of UiPath enable it to recognize characters from images and scans of physical documents, turning them into machine-readable formats. Additionally, UiPath's AI algorithms can identify and learn from patterns in data, allowing it to handle a variety of documents accurately and efficiently. The integration of AI, ML, and OCR capabilities into UiPath's RPA platform makes it a powerful tool for automating document-based workflows in a wide range of industries.
Following are some of the use cases which can be automated using RPA software.
Integrating AI and ML with RPA for Efficient Data Extraction
One of the most sought-after technologies that every organization is trying to integrate into is Artificial intelligence and Machine Learning. RPA is integrating these technologies by providing document understanding capabilities. For example, UiPath Document Understanding has an underlining platform of AI and ML and assists in extracting data from digital documents.
E-Commerce, as a platform deals with a huge number of invoices periodically that need data to be extracted, to help with the invoice extraction of data from digital documents document understanding, provides a much faster approach that not only eases the client’s work in terms of time and money but also reduces the repetitive work done in the organization. Generally, E-Commerce platforms deal with many documents that contain data that must be processed, RPA with the help of document understanding can help in extracting and processing the data at a much higher efficiency which is a need of the hour for the E-Commerce platforms.
Sentiment Analysis
Sentiment Analysis Natural Language Processing tool that helps in detecting if textual data is of positive or negative sentiment. For every organization’s longevity, improving based on the reviews is important. Sentiment Analysis also has the underlining platform of AI which helps differentiate products with positive reviews and can be promoted by the platform to increase sales and gain the users' confidence. One of the primary functions of Sentiment Analysis is to amalgamate the data and use Artificial intelligence to decide on the sentiments of the user. With the Sentiment Analysis tool, it is easier for business Analysts to collate all the reviews of the different products and determine the problems and solve them. E-Commerce platforms contain a large number of products and to deliver quality products it is very important to promote the products that are good based on the reviews received for the product. Thus, Sentiment analysis helps in segregating the products based on the reviews.
Legal and Financial Proceedings
Generally, Legal, and financial proceedings are extremely data sensitive and require a lot of effort and efficiency to be completed on time to avoid a hassle. Some of the areas in which RPA can be implemented in legal and financial proceedings are- contract lifecycle management of employees and clients, Using AI supported by RPA, contract reviewing, and extraction process. Using RPA, it is easier for finance executives to schedule all the tasks and not miss any deadlines.
Email Automation
Every organization must keep the clients in the know regarding the status of the current standings and even in E-Commerce periodically various emails are being sent which can be automated using the help of RPA. The time taken to attach any documents required for the mail or any repetitive mail can be sent efficiently. Using Communication mining that is built using AI, it is easier to amalgamate information from various emails and get the gist of the emails and then forward them to the relevant departments to further take action on the emails. Depending on the gist of the emails, replies also can be formulated using the help of RPA.
Invoice generation
With the advent of digital transformation, organizations are now looking to eliminate mundane tasks to increase employee work agitation in order to increase productivity. Invoice generation with minor changes is one of the undertakings that can be highly regarded as mundane tasks that need to be eliminated. The capabilities to work with multiple Microsoft applications and interact with the User interface are some of the features of RPA which can be used to generate reports, generate invoices, and compile huge data easily.
Conclusion
To be able to sustain in the current tech-savvy market, it has become a necessity to be efficient in terms of both time and finances and with current technological sophistication, it can be achieved. While RPA has the functionality of reducing both time and finances it is a tool that can truly be termed one of the paramount technological advancements that tend to the needs of the small to large, capped organizations. In the E-commerce platforms since there are a lot of repetitive activities it is necessary for the organizations to tend to RPA and eliminate them. While most of the logical activities still would require some human interventions, the other tasks that are mostly monotonous can be automated with the help of RPA. “If you are working on something exciting you don’t have to be pushed.” was quoted by Steve Jobs and RPA helps in achieving this goal in an industry like E-Commerce where monotonous and mundane tasks are in profusion.