Robotic Process Automation (RPA) is a critical tool for optimizing standardized process activities and data aggregation in procurement. Organizations across industries have leveraged RPA to drive productivity gains, feed data-driven decision making, and enable procurement staff to focus on higher-value work. Yet this tool needs to be applied thoughtfully and to the right processes to be effective. Drawing from
APQC’s Open Standards Benchmarking data and its Sourcing and Procurement Blueprint for Success report, this article gives an overview of how RPA can benefit procurement and lays out some key considerations for getting the most from this tool.