Adopt Robotic Process Automation (RPA) technology for greater productivity and cost savings
The RPA Adoption Support Scheme helps SMPs to adopt baseline RPA technologies, setting them on the path to transform digitally.
In this age of rapid digital adoption, Small and Medium-sized Practices (SMPs) need to digitalise to remain relevant, and explore new revenue opportunities to grow. A simple and cost-effective way for SMPs to digitalise is through Robotic Process Automation (RPA). RPA technology automates repetitive and mundane tasks that are labour-intensive and time-consuming, freeing staff to focus on aspects of their work that will make a difference to their business.
The gains from implementing RPA are huge. For example, the process of confirming Account Receivables, enabled by RPA, can save an SMP 18.5 man-days, or $ 3,500 annually.
The RPA Adoption Support Scheme provides funding for the adoption of baseline RPA technologies in the selection of some or all of these five areas:
- Corporate Secretarial Services
- Human Resources and Administration
Singapore’s local Polytechnics will help the SMPs to implement the RPA scripts and train their staff.
To get started on this scheme, at least two employees need to attend the ISCA RPA course for Auditors. More details on the course can be found under the ELIGIBLE SMPS tab below.