Do you know the difference between Robotic Process Automation and Business Process Management? Both processes take care of automation, however, the main difference is the level at which automation happens.
RPA is a technology-based solution designed to automate repetitive tasks, while BPM is a more comprehensive approach to business optimization that focuses on process improvement and optimization.
RPA is also considered to be a cost-effective solution as software bots can be programmed to carry out tasks quickly and with fewer errors than a human.
BPM, on the other hand, is a process management technology that enables businesses to streamline and automate processes, optimizing a business’s operations.
Both RPA and BPM complement each other, if a company can appropriately implement a BPM tool, then Robotic Process Automation measures can be applied.