Lakson Technology: Enhancing Decision-making Process through RPA

Globally, the adoption of RPA has gained traction and RPA has disrupted the business processes by intelligent automation of mundane rules based processes. RPA capabilities to automate the processes without disrupting the existing applications help enterprises reduce the operational costs. “RPA is widely accepted particularly in automating the payroll, customer service, finance and accounting operations to eliminate the human intervention. However, Indian enterprises are lagging behind the western world in robotic process automation and are heavily depending on overseas solution providers for RPA solutions. RPA, being an emerging technology in India, is considered to be expensive to adopt by many small and medium range enterprises,” says Sundar Lakshmanan, CEO.

In a bid to facilitate Indian enterprises adopt the RPA, Lakson Technology, a Chennai based company provides cost-effective RPA solutions for frictionless automation of business processes to various industries including IT, banking, finance, retail, healthcare, utilities, telecom, etc. Lakson Technology helps enterprises augment, replace or digitize the manual processes using RPA without disturbing underlying system structure. “Our team of experts integrate a virtual workforce to manage all operations handled by humans. We provide robotic process automation solutions coupled with artificial intelligence, machine learning and cloud computing to enhance the decision-making and automate the execution of repetitive and rule based processes,” informs Sundar.

Simplifying the Account Payable Process
In spite of the technological advancements, accounts payable process remains a challenge for enterprises. “Invoicing in account payable process is a long and timeconsuming process starting from

We provide robotic process automation solutions coupled with artificial intelligence, machine learning and cloud computing to enhance the decision-making and automate the execution of repetitive and rule based processes

the invoicing party to the accounts department at the payable party. We have showcased our RPA solutions to our existing clients and they are very keen to implement RPA to automate and centralize the accounts payable process,” says Sundar. Lakson technology offers automated invoice processing solutions by integrating all inbound invoice channels to complete the invoicing process with reduced manpower and manhours at lower costs. The company assists its clients in scanning invoices, invoice reading, workflowdriven accounting, ERP integration and audit-proof archiving.

Minimizing Human Intervention with Virtual Workforce
Lakson Technology exploits artificial intelligence in the form of cognitive data processing for the simulation of human intellect through learning, reasoning, and self-correction to provide intelligent RPA solutions by deploying virtual workforce when the information is provided through natural language interaction. The virtual workforce deployed by the company can work across various platforms and user interfaces by taking appropriate decisions to trigger the actions to be performed. Virtual workforce has the ability to learn from interactions with human workers in order to improve efficiency of the enterprise operations by minimizing the human intervention, thereby reducing the expenses of the enterprises. The company provides a window into the management of this virtual workforce, enabling users to build, test and deploy automations and monitor the virtual workforce.