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Industry Trends

RPA Options for Mid-Market Companies

Published: Wednesday, May 19, 2021

Middle-market companies are increasingly turning to automated solutions to solve their most pressing business problems. In this post, we'll outline the benefits of offered by a proven full-service RPA company like Simple Fractal in comparison with DIY RPA companies and large RPA consulting companies.

Option 1 - Specialized, Customized, Full-Service RPA Companies

E.g. Simple Fractal

PROS:

  1. Completely managed services

    Bots are developed, hosted, and maintained by Simple Fractal without any consumption of your internal IT resources.

  2. Cost-effective

    Our custom-coded bots are free of licensing costs from big RPA toolkit companies, which makes them cost-effective for small teams and even individuals.

  3. Predictable

    Fixed-fee pricing means you know exactly what you're going to spend and can easily determine the ROI.

Option 2 - DIY RPA Companies

E.g. UI Path, BluePrism

CONS:

  1. Unpredictable cost

    Unlike with Simple Fractal, DIY RPA companies often charge variable fees based on usage, so there’s no way to know the total cost upfront.

  2. You’re on your own

    Where Simple Fractal handles all the implementation and maintenance of your bots, with DIY companies, that work is left to your own in-house IT. These internal teams often lack the bandwidth and specialized expertise to maximize value.

  3. One size fits all

    In contrast to Simple Fractal's fully-customizable bots, DIY solutions are typically designed for broad usage, so you won’t be able to tailor them to your specific needs.

Option 3 - RPA Consulting Companies

E.g. EY, KPMG

CONS:

  1. Cost prohibitive

    Big consulting companies often won’t engage with projects with less than seven-figure budgets. Simple Fractal, on the other hand, provides cost-effective solutions for companies of all sizes.

  2. Often limited to advisory

    Consulting companies may perform discovery, but then it’s up to you to identify and implement a solution. In contrast, Simple Fractal not only designs and implements your bots, but provides ongoing maintenance to ensure everything remains up to date. In fact, many of our bots have been running successfully for years.

  3. Smart generalists may lack on-the-ground experience or domain expertise

    Strategic guidance is valuable, but in-depth understanding of day-to-day operations is often necessary to get problem-solution fit on the first go. Simple Fractal has years of hands-on experience designing automated solutions across a range of industries and use cases - from revenue cycle management in the healthcare instrury to sourcing alternative data in the financial sector. No matter your needs, we can help you implement an effective and impactful solution.

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