RPA Business Intelligence

RPA (Robotic Process Automation) and Business Intelligence (BI) are different technologies that can complement each other to help businesses automate repetitive tasks and gain valuable insights from their data. 

A typical example would be RPA bots collecting data from various sources, such as spreadsheets or databases, then feeding it into a BI tool for analysis. The insights gained from the analysis can then be used to optimize business processes, improve customer service, and drive revenue growth. 

The Difference Between RPA and BI  

Think of RPA as digital workers or “bots” that perform work on computers, systems, and programs, like a human would. They automate repetitive and time-consuming tasks such as data entry, report generation, and extraction. They help businesses reduce errors, improve efficiency, and free up their employees to focus on higher-value tasks.  

Conversely, BI involves using software and analytics tools to analyze data and gain insights into business performance—it’s how you understand what is happening under the hood. BI can help businesses make informed decisions by providing them with actionable data and visualizations. 

Combining RPA and BI can provide broader benefits to businesses. RPA can help automate the process of collecting and processing data, while BI can help analyze the data and provide insights that can inform business decisions.  

RPA as a Business Intelligence Tool 

RPA can be used as a business intelligence tool in several ways, including: 

Automating Data Collection: RPA bots can be programmed to automatically collect data from various sources, such as spreadsheets, databases, or websites. This data can then be fed into a BI tool for analysis. 

Improving Data Accuracy: RPA bots can help improve data accuracy by automating data entry and reducing the risk of human errors. 

Enhancing Data Integration: RPA can help integrate data from various sources by automating the data extraction and transformation process. 

Identifying Trends and Patterns: RPA can help identify trends and patterns in data by analyzing large volumes of data quickly and accurately. 

Predictive Analytics

RPA can be used to perform predictive analytics by automating the process of data analysis and identifying patterns that can help predict future outcomes.

Dashboard Creation: RPA can help create customized dashboards that provide real-time data visualization and insights into business performance. 

How Does Using RPA Improve Business Intelligence Data? 

Using RPA can improve business intelligence data in several ways: 

Faster Data Processing: RPA can automate the process of data collection, processing, and analysis, resulting in shorter data processing times and helping businesses make timely decisions based on real-time data. 

By automating data entry and verification processes, RPA bots can help reduce errors and improve data accuracy, ensuring leadership makes decisions on accurate and reliable data. 

More Data Integration: RPA can help integrate data from various sources by automating the data extraction and connection, offering a holistic view of business operations.

Cost-Effective: RPA can be a cost-effective way to improve business intelligence data, as it can automate time-consuming and repetitive tasks that would otherwise require human resources. This can free up staff to focus on high-value tasks they are uniquely qualified for, resulting in better innovation and customer service.  

Real-time Insights: RPA can help provide real-time insights into business performance by automating the process of data analysis and reporting. This can help businesses quickly identify and respond to issues, improving business outcomes. 

OpenBots Automation Platform 

OpenBots has RPA and BI functionality, allowing businesses to automate manual processes and cost-effectively glean insights from their data.

As mentioned, RPA can improve business intelligence data by providing faster data processing, increased accuracy, more data integration, cost-effectiveness, and real-time insights into business performance.

Want some idea on how OpenBots fits in your Tech stack and workflows? Reach out to our team for a complimentary automation consultation.