KPMG LLP and Automation Anywhere, a global leader in enterprise robotic process automation (RPA), have announced an alliance to help clients automate manual business processes to achieve cost savings, manage capacity increases effectively, and increase operational efficiency.
"Across nearly every industry, business leaders are evolving their employees' roles by shifting repeatable tasks ‒ like data entry and billing ‒ to RPA platforms, allowing their employees to remain more focused on driving innovative and creative approaches to solve larger business issues, such as enhancing a customer's experience," said Todd Lohr, Principal, Advisory, KPMG LLP. "During the past two years, KPMG has completed multiple implementations built on Automation Anywhere's platform. Together, we're helping clients improve decision making across the enterprise, enhance quality, reduce risk and effectively provide governance of RPA programs through a structured framework."
The global market for RPA software and services reached $271 million in 2016 and is expected to grow to $1.2 billion by 2021 at a compound annual growth rate of 36 percent, according to HfS Research, The Services Research CompanyTM. This comes as organizations increasingly automate processes in most applications, including legacy apps where investment costs for traditional automation are prohibitive. KPMG's 2017 Global CEO study noted that 57 percent of CEOs are investing in workforce training over the next three years to help employees keep pace with RPA and other emerging technologies.
"With this alliance, KPMG and Automation Anywhere will help companies define and execute their RPA strategies, improving efficiency and automating routine tasks," said Mihir Shukla, CEO and cofounder, Automation Anywhere. "Our industry-leading technology, combined with KPMG's experience and deep understanding of their client's business challenges, will help organizations reap the greatest benefits from automation executed intelligently."
Automation Anywhere offers a user-friendly platform with more than 100 prebuilt commands that can be configured to automate processes. Its technology can perform either surface or graphical user interface (GUI) automation in addition to more sophisticated methods, such as Web service and database calls.
The alliance with Automation Anywhere is the latest addition to KPMG's growing alliance ecosystem of Intelligent Automation technology companies; offering clients tailored solutions to deliver the most viable automation scenarios.
Recently, industry analyst HfS Research named KPMG a "High Performer" in its HfS Blueprint Report: Intelligent Automation 2016. The HfS study says KPMG is "at the forefront of educating the market on the implications of Intelligent Automation from a sourcing and process consulting perspective," and "building out the broadest Intelligent Automation capabilities among the Big 4," citing its alliance network with technology companies, such as Automation Anywhere, as a proof point of its strong ranking.
About KPMG LLP
KPMG LLP, the audit, tax and advisory firm (www.kpmg.com/us), is the independent U.S. member firm of KPMG International Cooperative ("KPMG International"). KPMG International's independent member firms have 189,000 professionals, including more than 9,000 partners, in 152 countries. Not permissible for KPMG audit clients and their affiliates.
About Automation Anywhere
Automation Anywhere is one of the leading companies with an enterprise-grade RPA platform with built-in cognitive solutions and analytics. Over 695 of the world's largest brands use the platform to manage and scale their business processes faster, with near-zero error rates, while dramatically reducing operational costs. Based on the belief that people who have more time to create, think and discover build great companies, Automation Anywhere has provided one of the world's leading RPA and cognitive technology to lead financial services, BPO, healthcare, technology and insurance companies across more than 90 countries for over a decade. For additional information visit www.automationanywhere.com.