Evaluating Cost Savings: RPA & VBA vs. Traditional Business Process

Setia, Karan (2024) Evaluating Cost Savings: RPA & VBA vs. Traditional Business Process. Masters thesis, Dublin, National College of Ireland.

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Abstract

This research compares traditional business process with Robotic Process Automation (RPA) and Visual Basic for Applications (VBA) to see whether it will save costs and increase efficiency as compared to the traditional way of working. This study assesses the effects of RPA and VBA on labour costs, error reduction, process efficiency, and software maintenance charges, driven by the demand for organisations to streamline operations and cut costs. The study indicates that RPA and VBA considerably reduce labour costs and mistake rates, leading to increased process accuracy and shorter turnaround times. This is achieved via the use of a mixed-methods approach, which incorporates qualitative interviews with key stakeholders and quantitative survey data analysis. However, the analysis’s depth was limited by data availability issues, especially in relation to Incremental cost. Notwithstanding these limitations, the results indicate that RPA and VBA may be very helpful in automating repetitive operations, however the particular context and implementation approach can affect how successful they are. In order to fully benefit from automation, the study emphasises the significance of strategic planning and ongoing monitoring. It also proposes that future research should concentrate on collecting data from a wider range of industries and investigating the long-term effects of automation on employee roles and organisational culture.

Item Type:	Thesis (Masters)
Supervisors:	Name Email Cosgrave, Noel UNSPECIFIED
Subjects:	H Social Sciences > Economics > Business H Social Sciences > Economics H Social Sciences > HG Finance > Fintech T Technology > T Technology (General) > Information Technology > Fintech
Divisions:	School of Computing > Master of Science in FinTech
Depositing User:	Ciara O'Brien
Date Deposited:	05 Aug 2025 14:03
Last Modified:	05 Aug 2025 14:03
URI:	https://norma.ncirl.ie/id/eprint/8436

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