RPA Bot Performance Tracking with Real-Time Cost Comparison

Resolve Bottlenecks,
Find Innovative Solutions
Generate Solutions

Solution Overview

Problem

Existing robotic process automation (RPA) systems face challenges in accurately and consistently tracking bot performance, making it difficult to quantify benefits such as cost reduction and time savings.

Innovation Solution

A computing platform that receives a work queue of items, assigns value metrics based on metadata, calculates RPA costs, compares them to alternative processing costs, and dynamically generates performance metrics for RPA bots, allowing real-time evaluation and optimization of bot performance.

Engineering Contradictions & Design Principles

VSEngineering Contradiction Analysis

1Ease of manufacture

If bot performance is captured manually through spreadsheets, then implementation simplicity is maintained, but measurement precision and reliability of performance tracking deteriorate

Engineering Contradiction:
Improveimplementation simplicityVSAvoidperformance tracking accuracy
Core Design Contradiction:
Ease of manufactureVSMeasurement precision

Solution Approach 1:

The patent replaces manual spreadsheet-based performance tracking with an automated computing platform that programmatically collects, processes, and analyzes bot performance data. This substitution eliminates manual errors and inconsistencies while maintaining ease of implementation through software automation rather than complex manual procedures.

Inventive Principle:
Principle #28Mechanics substitution (Replace mechanical system)

2Productivity

If real-time performance tracking is implemented, then productivity and decision-making speed improve, but device complexity and implementation cost increase

Engineering Contradiction:
Improveperformance evaluation speedVSAvoidsystem complexity
Core Design Contradiction:
ProductivityVSDevice complexity

Solution Approach 1:

The computing platform performs multiple functions including data collection, metadata processing, value metric assignment, cost identification, performance metric determination, and real-time reporting within a single integrated system. This multi-functionality reduces the need for separate specialized systems while delivering comprehensive real-time performance tracking capabilities.

Inventive Principle:
Principle #6Universality (Multi-functionality)

3Measurement precision

If comprehensive performance metrics are calculated, then measurement precision and decision quality improve, but loss of time and computational resources increase

Engineering Contradiction:
Improveperformance metric accuracyVSAvoidcomputational processing time
Core Design Contradiction:
Measurement precisionVSLoss of time

Solution Approach 1:

The system performs preliminary actions by pre-defining value metrics for different work queue items and establishing cost models before performance evaluation begins. This pre-processing allows the system to quickly calculate comprehensive performance metrics during runtime without extensive real-time computation, reducing processing time while maintaining measurement precision.

Inventive Principle:
Principle #10Preliminary action

Data Source

PatentUS11816621B2Multi-computer tool for tracking and analysis of bot performance
Publication Date: 2023.11.14 BANK OF AMERICA CORP
  • US11816621B2 patent drawing
  • US11816621B2 patent drawing
  • US11816621B2 patent drawing

AI summary

Aspects of the disclosure relate to intelligent bot performance tracking and analysis. A computing platform may receive a work queue of items to be processed using a bot. The computing platform may receive, in real-time with processing of the work queue using the bot, metadata associated with the work queue. Based on the metadata, the computing platform may assign, in real-time, a value metric associated with completion of each item in the work queue. Based on the assigned value metric, the computing platform may identify a robotic process automation cost associated with processing the work queue via the bot. The computing platform may compare, the robotic process automation cost to a cost to process the work queue via another operation, and determine a performance metric for the bot based on the comparison. The computing platform may dynamically generate and transmit, in real-time, an indication of the determined bot performance metric.