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The Shared Services Journey: Automation

“Automation” has been defined as a myriad of things. Corporations have embedded RPA (Robotic Process Automation), virtual agents, artificial intelligence (AI), machine learning, and process automation into corporate services and processes. These tools have enabled efficiency gains, cost savings, reduced errors, less human intervention, elevated customer experiences, and more.

Shared Services Automation: What’s Really Out There… And Being Used?

The importance of data structure and integrity

Each automation technology has its own value add. For example:

RPA

RPA – RPA is a software technology used to build, deploy, and manage software robots that automate high-volume tasks, such as data entry. Depending on the goals of your business, types of processes your company will want to automate will vary. Check out ScottMadden’s RPA Production-Ready Pilot to learn how to get started.

Virtual Agents and Chatbots

Virtual Agents and ChatbotsWhile similar in overall function, there are significant differences in the software behind them. Virtual agents are more advanced than chatbots, leveraging scripted rules and AI to automate services. Chatbots aren’t quite as sophisticated—they only interpret context. They cannot drill to specifics and leverage resources to find resolutions.

AI

AIAI is the simulation of human interaction carried out by computer and software systems. Speech recognition, decision making, problem-solving, and perception are a few of AI’s capabilities. Algorithms and technology provide enterprises with actionable data and leverage machine learning to respond to scenarios as a human would.

Examples of Automation in Real World Applications

An organization can realize the true potential of automation in shared services with a well-planned approach, clear vision, actionable plan, and the means to evaluate an enterprise’s impact.

How We Help Our Clients

On the shared services automation journey, one of the most critical steps is the very first—to determine and align strategic priorities. Are your strategic priorities non-labor-related savings, competitive intelligence, headcount reduction, improved service levels or controls, or scalable operations?

Answers to these questions help define program design and funding requirements. At ScottMadden, we understand the complexities around shared services automation and investing in AI. Our consultants can help you select the right vendors, implement project managing deployments, build organizational adoption, and more.

Functional Insights

Designing a Program that Increases Your Intelligent Automation “Velocity”
How Intelligent Automation Will Impact Today’s Global Business Services Model
Changing Finance Skillsets in a Digital World: How the Wave of Technology Is Changing the Skillsets Financial Employees Need
Establishing a Center of Expertise for an Enterprise-wide RPA Program

The ScottMadden Way

We do what it takes to get it done right. We listen to our client’s needs and challenges, understanding that every organization is unique. We are personally invested in every project and measure our success by our client’s success. Our expertise allows us to integrate our project teams into your organization and design a one-of-a-kind solution to excel in your business and meet your goals and objectives.

Case Studies

A food service and facilities management organization faced challenges hiring 80,000 candidates a year. We assisted with infrastructure selection and streamlining and automating components of the candidate screening process to meet needs.

Technology

Selected Paradox as a digital talent acquisition solution

Roadmap

Developed a roadmap to expand the use cases and scale adoption of the new technology across the enterprise

Time

Enabled the organization to host more than 400 events nationwide and schedule interviews with nearly 30,000 candidates in less than three minutes per candidate


A leading provider of online legal research utilized large groups of labor based in low-cost global locations to conduct repetitive process work. Robotic Process Automation (RPA) presented an opportunity to reduce large amounts of manual work and gain a competitive edge. ScottMadden was retained to conduct a pilot and help design a sustainable governance model for an enterprise-wide RPA program.

Stakeholders

Met with stakeholders to identify problem processes, measured process volumes, and estimated RPA ROI

Process

Mapped and recorded processes in detail and scripted five processes in UiPath

Training

Conducted training to build client internal capability, designed a hybrid governance model, and defined COE roles

Speed

Documented immediate ROI and 10X improvement in process speed, established an initial RPA COE, and gained agreement on roles

For more information on how ScottMadden can assist you with your business digitization and automation initiatives, please contact us.

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