Business Process Automation

PRIMARY CONTACTS: Patrick B. Armknecht CPA, CITP (Technology Advisors)

The Schneider Downs Business Process Automation team is committed to assisting clients with the evaluation, adoption and implementation of robotic process automation technology. We work with our clients to evaluate use cases, develop cost-benefit analyses, implement process automation, and provide continuous support to the operation of your business automation processes. 

For 30 years, Schneider Downs has helped organizations translate technology to transformative change in a wide range of internal controls and business processes. Our team has the in-depth knowledge, business acumen, and deep experience necessary to translate business automation technology into strategic solutions to help organizations increase efficiency, reduce risk and drive growth.

What is Robotic Process Automation?

Robotic Process Automation, commonly referred to as RPA, is a class of business process automation technology used to create software robots, commonly known as “bots” that automate tasks and streamline processes using human-centric interfaces. By implementing this cost-effective and scalable technology, organizations of all sizes are increasing operational efficiency by tackling high-volume tasks critical to business operations with a virtual workforce rather than increased staffing levels.

Benefits of Business Process Automation

24X7X365 – Increase productivity with bots working around the clock without the worries of sick days, vacation, or attrition.  

Cost Savings –Enable your organization to increase productivity without increased head count.

Employee Engagement – Allow your staff to focus on higher-value assignments and strategic work, with bots responsible for tedious, mundane tasks. 

Reduced Risk –Eliminate the risk of human error and provide audit trails for compliance and regulatory requirements.  

Scalable – Maximize an agile and scalable virtual workforce that evolves with your organizations’ needs and growth. 

Speed – Significantly reduce task completion time and increase processing capacity without additional resources.

Transparency – Gain instant access to detailed performance reports and business insights through data analytics for continuous improvement and productivity. 

The Schneider Downs Business Process Automation Model

Consultation – Every business automation engagement starts with a consultation to better understand why your organization is interested in RPA technology and how a virtual workforce can work for you. 

Process Analysis – Business processes that are identified as candidates for automation will be scored on their potential implementation difficulty and cost benefit. 

Development and Pilot – Once a process is selected, the Schneider Downs team will provide a detailed analysis to document the tasks involved in the workflow and move forward with the RPA development and deploy the pilot. 

Integration – Information from the pilot provides critical feedback that is used to optimize and refine the bot for full-scale deployment. 

On average the business automation development can take anywhere between two to eight weeks based on business process documentation, development, testing and task complexity. 

Business Process Automation Use Cases 

One of the key advantages business process automation offers is the ability to impact a number of internal controls and business units regardless of industry or vertical. Below are just a few examples of how our technology can help streamline your organization.

Accounting
  • Accounts Receivable Processing
  • Audit Control
  • Expense Management
Finance
  • Statement Reconciliation
  • P&L Preparation
  • Regulatory Compliance
Human Resources
  • Onboarding
  • Employment Verification
  • Record Keeping
Customer Service
  • Onboarding
  • Relationship Management
  • User Profile Updates
Marketing and Sales
  • Lead Nurturing
  • Invoice Management
  • CRM Updates
Operations
  • Inventory Management
  • Refund Processing
  • Procurement Records

our thoughts on

Ransomware Still a Growing Problem for Organizations of All Sizes

While the concept of malware-based extortion has remained relatively unchanged since the first documented occurrence in 1989, attackers have spent the

read more >

Part Five in a Series: Managing Risks of Technologies Emerging as Business Opportunities: Chatbots

What are chatbots? Chatbots are computer programs or artificial intelligence (AI) that conduct a conversation via audio or text. These programs are typically

read more >

I Want Mine - Social Security Simplified

I have this love/hate relationship with social media. In late April, when The 2019 Social Security and Medicare Trustees Reports were published, the key

read more >

Skilled Labor Shortage in the Manufacturing Industry

The Federal Reserve released its most recent Beige Book on June 5, 2019, which summarizes current economic conditions, including challenges, opportunities

read more >

Manufacturing's Workforce Crisis

According to the National Association of Manufacturers' latest Outlook Survey, 90% of manufacturers are optimistic about their company's future.

read more >

National Flood Insurance Program Extension

As I watched the pounding rain from my window for the third straight day, I could only imagine the damage this unpredictable spring weather was inflicting

read more >

Proposed Accounting Standard Update Would Delay Private Company Effective Dates for Leases, Current Expected Credit Losses (CECL) and Hedging Updates by One Year

On July 17, 2019, the Financial Accounting Standards Board (FASB) voted unanimously to move forward with delaying the effective start date for recent accounting

read more >

ACFE releases Anti-Fraud Technology Benchmarking Report

With the advancement of technology over the years, the avenues for fraud perpetration, protection and detection have multiplied. In an effort to gain a

read more >

Capital One Data Breach Exposes 100 Million Records to Seattle Hacker

Barely a week after the Equifax data breach was settled for nearly $650 million dollars, there appears to be news of an almost equally large mega-breach

read more >

#1 Mobile App Garners Concerns Over Data Privacy

If you haven't already downloaded FaceApp, you have probably either heard of it or witnessed your Facebook turn from an office party to a nursing home

read more >

Department of Labor Announces Rule to Strengthen Retirement Security for Millions Employed in Small and Mid-Sized Businesses

Citing a 2018 report by the U.S. Bureau of Labor Statistics that approximately 38 million private sector employees in the United States lack access to

read more >

The Physical Side of Cybersecurity

At Schneider Downs, we always strive to uphold our responsibility to serve as trusted cybersecurity advisors to our clients and to the community at large.

read more >

Vulnerability Scanning versus Penetration Testing

When organizations look to assess the resiliency of their information systems, there tends to be some confusion around what exactly vulnerability scanning

read more >