Feasibility analysis is conducted based on number of employees working on specific task. Higher the number of employees working on process, highest the priority. So, High number of FTE (full time employee equivalent) become high priority for automation.
Structured rule based data processes with defined business rules become good candidate and takes less time to automate process. It is easy and quick to process structured digital data.
Processes with frequent changes & processes with high cycle time reduce the probability of automation.
Silver Touch expedites feasibility of specific process considering the data collected during the discovery /process walk-though.
Complexity Analysis, Effort and Cost Estimation
After completing the feasibility study, on high level the next step is to estimate the complexity of selected processes to automate.
We have developed a complexity calculator to estimate the complexity of identified process.
After finding the complexity index, the model compares to the automation cost and effort for each process.
Savings & Benefits Analysis
We estimate FTE Savings for each process considering prevailing FTE count and determining the % of automation possible. FTE Savings are calculated.
Apart from manual hour’s savings, there are significant savings as follows:
- Reduced Errors
- Business agility
- Employee productivity
- Regulatory compliance
Business priorities are defined based on the saved manual hours, quality improvements in terms of reduced errors, streamlining critical processes; improve employee morale and adherence to regulatory compliances.