What is our primary use case?
At the moment, we are using UiPath Platform to automate manual processes inside finance. I work in the finance domain. We identify mundane, redundant, operational processes, which could be report automations, in general, some small end-to-end process automations. We generally do not have any developers inside the company, but we recruited an external consultancy that does UiPath automation. Generally, we act as a solution architect and a business analyst and a project manager, and they are the ones who are the developers.
We use the UiPath Platform to automate processes that deal with a good cause that our company is involved in. We are still doing it very slowly with a very small budget. But we are gradually scaling up year upon year.
It technically started off as a use surplus budget initiative where we had some additional budget, and we wanted to do some process optimizations. Now the overall company is going through some operational improvements and digital transformation initiatives. As a part of that lean transformation, we are currently doing such optimizations across all domains. In our domain in finance, we have chosen UiPath Platform as a way of automating and improving because usually we have a lot of tech teams, but it is very difficult to find a roadmap for automating such smaller processes. Having a tool makes it easier to do it either via regular developers or citizen developer initiatives.
What is most valuable?
UiPath Platform enables us to implement end-to-end automation.
It is very important from a process point of view because we usually have some shortage in resources and if we do half of the process instead of an end-to-end process, then there needs to be a process owner who needs to be responsible for it, which we do not want to maintain. We want to eliminate the need for those resources and have the process end-to-end be done by bots. It is fairly important for us.
The user community for the UiPath Platform is probably one of the most active and very helpful. Every time I have some blockers or some questions, I usually just log into the user community and post a question. More often than not, I get an answer. If one of my developers encounters such scenarios, I would say it is a great user community.
We use the vendor's UiPath Academy courses. I go through the academy courses a lot because I am not from that background or fully familiar with it. We have an external consultancy that helps us. They are very aware of the UiPath Platform and the features and everything and they stay up to date, but for me to stay up to date with the features or the capabilities of the tools and what else to learn, I generally use the academy courses a lot and they are really helpful.
What needs improvement?
I am a fan of UiPath Platform, so I would not have a lot of complaints about it. I attend a lot of the UiPath seminars and conventions as well. I am yet to explore the AI functionalities of the UiPath Platform. I am really looking forward to doing that. At the moment, we are also looking for some chatbots and such functionalities, especially for our internal documentation, internal Confluence, and all those things.
We are also looking to see more OCR-related features with the UiPath Platform. We have several invoices related to jobs in finance, especially with accounts payable, receivable, etc. Scanning the invoices, being able to interpret the data with the highest possible accuracy, and standardizing those formats is a whole other project which we are looking to do in the upcoming months. That is going to be an interesting project with the UiPath Platform.
For how long have I used the solution?
It has been two years now since I have been using the UiPath Platform.
Which solution did I use previously and why did I switch?
Two years ago, when we were onboarding this, I did a comprehensive survey and researched UiPath Platform versus Automation Anywhere versus Blue Prism. We had conversations with all three suppliers where we invited our Vice President of our domain and our Head of Department, myself, and we had meetings with all three of them where they presented about their product, their pricing, all the other things, the general functionalities, their clients, etc.
The thing that sold us most on UiPath Platform was probably their client stories, the other users who had adopted UiPath, and how easy it was to deploy automations and how quick it was.
We knew from the product point of view that Blue Prism was more sturdy in terms of automations, and Automation Anywhere was more bug-free. The license was a little bit cheaper than UiPath Platform for Automation Anywhere. We were sold primarily with UiPath Platform because of the other client stories and we found some similarities between our product and the client's product. We found a lot of similarities in the way the operations were running between our company and their companies. We thought it could be a good learning or it could be an easy transition to onboard this kind of a tool into our company after it had already had some success in their companies.
What was our ROI?
We do save with the UiPath Platform. We are still in the process of getting back the ROI of what we invested in developing. I would still say that in a matter of two to three years, or even less than that, probably, we would be there. We have seen positive results, and that is the reason we are also interested in scaling it up year upon year.
We are using the UiPath Platform for our own organization at the moment, and it does save a lot of time. A significant amount of money goes into the development process as well because we are partnering with an external consultancy, and they charge per hour to develop. Some amount of money or budget goes into the development process. For us, ROI calculations are based on the savings that the automation provides and how long it takes for us to, after still paying the license, maintain the automation, and how much time it takes for us to get back the budget which we put into the development effort. Once all that is done, it goes into further savings. Some of the processes have already started yielding the savings, but some of them are yet to yield the benefits, and that probably will be done in the next 6 to 12 months or even in the future with the UiPath Platform.
What's my experience with pricing, setup cost, and licensing?
At the moment, the licensing cost of the UiPath Platform is still acceptable in terms of it does not feel too much. We are able to get the ROI because the development effort is also less. The license cost is probably a bit higher, but the amount of time that goes into development is also less. When we go into the development of an automation with the UiPath Platform, all we care about is deploying it as soon as possible because we also want to give the client, our stakeholders, some quick wins, especially given that the project is in the beginner phase. Quick wins go a long way to getting some people behind us in growing the project, growing the initiative.
From a licensing cost point of view, it is manageable. As we grow more and more, and we need to buy more licenses, I think the cost might grow in a very high pace. We need to look for efficient utilization of each bot's timing, because the bots can work 24/7. It is about optimizing the utilization of each bot. That is going to be a very useful conversation. My overall thoughts regarding the licensing cost of UiPath Platform is that it is a bit more expensive solution compared to others.
What other advice do I have?
On a scale of 1 to 10, maybe 7 to 8 is my assessment of the ease of building automations using the UiPath Platform.
We maintain the UiPath Platform in the cloud. We are a cloud-based company. We prefer doing everything cloud instead of on-premises.
We have Microsoft Azure as our cloud provider for the UiPath Platform.
It is private when it comes to the type of cloud for the UiPath Platform.
Until now, we have not used the solution's AI functionality in our automation program with the UiPath Platform, but now we are thinking of exploring the AI capabilities as well.
That is one of the reasons we chose the UiPath Platform, because certain processes that were there at the company have been very manual and time-consuming and even error-prone. We wanted to reduce the errors, mainly because in finance, there is so much compliance. In order to do all that, improving the compliance also saves us a lot of additional costs sometimes, because in finance ,there are penalties for breaching compliance. Helping doing these automations with the UiPath Platform also improves the compliance, it helps improve the speed of completing the process. Those are obvious advantages of an automation tool. It does help speed up the digital transformation initiative for us.
That is why we went with the objective of end-to-end process automation with the UiPath Platform because previously we had certain departments where there were employees who were switching quite a lot, leaving the company or so and the onboarding process was not very comprehensive, or it was done in a very urgent manner. In such cases, some processes fall through the roof, and no one is maintaining them correctly. We wanted to get rid of the resources in such departments, especially and completely end-to-end automate it using bots with the UiPath Platform. When we do that, we have successfully been able to deploy two or three such processes where we now do not need a human in the loop at all. That means also that the process gets done in an automated way without any errors. We also have some report automations which we did with UiPath Platform, and they get done now in one-hundredth of the time that it used to be done before and without any errors. There are certain cases where there would be errors, but we have to code accordingly for edge case scenarios, outliers. For such outliers, we needed to code them into the automation, but at least we are able to handle the errors, which is a good thing.
The projects are still in a very initial phase. It has been two years, but we are still working with the same number of licenses and bots that we bought two years ago. We are doing a very few number of automations at the moment. We are looking to ramp it up in 2026 at least. At the moment, it is quite spread out, and the whole process of getting stakeholders to buy in, spreading the awareness about automation and UiPath Platform. It is still in a very early stage, which is why exactly how much employee effort is being saved is still a far-fetched idea at the moment.
I would give the UiPath Platform an 8 at the moment as an overall rating.
Which deployment model are you using for this solution?
Private Cloud
Disclosure: My company has a business relationship with this vendor other than being a customer. Partner