Professional Documents
Culture Documents
What is our Software Robotics? What does the market look like?
Software Robotics Our Software Robotics Solution uses smart software The rule based market for automation software is
to replicate tasks and processes that are performed by fairly mature with Artificial Intelligence (AI) and
April 2016 humans. Cognitive very much still evolving.
This has become popular for transformational At one end of the spectrum you have companies
programmes because of the following reasons: that automate processes with defined business
Non-Invasive: The software is deployed on the rules, structured inputs and outputs e.g. invoice
existing technology architecture so underlying processing, standard monthly reporting packs etc.
systems/applications remain unchanged At the far end you have AI based solutions using
Rapid deployment: time to implement is weeks complex algorithms consuming unstructured
and not months inputs and data to produce an output, evolving and
Early payback: Return on investment is typically improving their performance through learning e.g.
1 to 2 years (sometimes sooner) depending on a cancer research hospital in the US has deployed
type of process and volumes which is fast when IBMs Watson solution to provide information and
compared to automating FTEs in low cost offshore analytics, enabling doctors to make a decision on the
locations best course of cancer treatment.
Software robots reduce the cost of delivery and In-between these two points are the hybrid solutions
reduce error rates by automating rule based, high that combine elements of AI on rule based processing.
volume activities. This has been the mantra for the
past 15 years in support of outsourcing/offshoring Our Software Robotics focuses on rule based
the difference now is faster implementation, even automation a practical first step towards embarking
lower costs, without the onshore / offshore debate. on a digital journey.
All of which make it a compelling proposition.
www.pwc.nl
62%
of Finance Leaders either agree or strongly agree that
the advancement of process automation will impact their
business in the next 12 24 months*. How are you positioned to adapt
to the changing environment?
Structured
electronics
Unstructured Unstructured
patterned Free form
Which finance processes are typically
appropriate for automation?
Input type
The following processes are the most appropriate
Source: GenFour candidates for automation using our Software
Robotics*:
Payments/invoice processing
Order management
What are the benefits of Regulatory reporting
Software Robotics? Management reporting/Board reporting packs
Time and expenses auditing
1. Rapid deployment: 12 18 weeks,
subject to process complexity Supplier simple query management
Trade processing i.e. Asset Backed Securities
2. Non-invasive: Deployed on top of your Processing, Asset servicing/Billing
current systems and applications and Data validation checks/Data migration testing
interacts as the user would, only faster
Performance reporting
and with near 100% accuracy
Master data management
3. Deployed on your architecture: There
Cost 3:1
is no need to change the underlying
systems or technology
Contact
At PwC in the Netherlands, over 4,200 people work together from 12 offices. PwC Netherlands helps organisations and individuals create
the value theyre looking for. Were a member of the PwC network of firms in 157 countries with more than 195,000 people. Were committed
to delivering quality in assurance, tax and advisory services. Tell us what matters to you and find out more by visiting us at www.pwc.nl.
This content is for general information purposes only, and should not be used as a substitute for consultation with professional advisors.
2016 PricewaterhouseCoopers B.V. (KvK 34180289). All rights reserved. PwC refers to the PwC network and/or one or
more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.