CLPS Incorporation (Nasdaq: CLPS) (“CLPS” or “the Company”), today announced the progress of its robotic process automation (“RPA”) solutions. Since 2018, CLPS has been developing and implementing RPA solutions the most recent of which are updated, more reliable, and highly competitive solutions successfully delivered to clients.
In recent years, CLPS conducted extensive research and case studies to develop a comparable market-leading RPA solutions. After a series of internal implementation, the magnitude of the benefits brought about by successful automation of its daily operations has been directly proportional to the significant improvement in the manual processing issues.
Such benefits include shortened processing time and simplified operations in key functions, including in financial, business, recruitment, administrative, and other management affairs.
After CLPS successfully completed its RPA solutions, the same are offered to clients for customized services and maintenance. The RPA solutions have been introduced and implemented in various framework and projects of pharmaceutical and large state-owned enterprises, such as in financial accounting, credit investigation, procurement, logistics, and data migration. As a result of work process automation, the clients considerably improved operational efficiency with more accurate transaction results and reduced labor cost.
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Ms. Jing Zhao, Senior Vice President of CLPS Innovation Lab, said, “In the future, the RPA development trend will involve the integration of artificial intelligence (“AI”). The combination of RPA and AI service model allows enterprises to leverage these technologies in achieving substantial task with eminent efficiency, which can also be applied in a wider range of automation plan. We will continue to deepen our efforts in this area to enable enterprises to automate complex business processes so they can devote more time in achieving their business goals.”
Mr. Henry Li, Chief Operating Officer of CLPS, said, “The maturity of RPA technology entails the growing demand for digital and intelligent transformation among enterprises. We proactively invest in RPA innovation to further enrich our industry expertise so as to build a network of client base and partnerships. We are committed to providing transformative services to more potential clients through continuous upgrade and optimization of our RPA solutions.”
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