Robotic process automation of calculating investments in a business project

Abstract

Robotic process automation (RPA) technology currently gains importance in business practice as it enables the automation of business processes and thus a significant increase in business efficiency. This paper aims to investigate the impact of RPA on the specific business process of investment costing using a software robot for the projects of an energy supply company. For this purpose, an automated calculation tool was developed with Microsoft Power Apps and Microsoft Power Automate. The application of the proposed tool shows potential by significantly reducing the working time of employees for recalculating project investments based on different parameters. The developed RPA tool can be extended to calculate other types of standard investments. The results are aimed at managers pursuing the potential for business process automation.