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.
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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.