International Journal of Advanced Multidisciplinary Research and Studies
Volume 3, Issue 1, 2023
Model for Driving Cost Optimization and Productivity Through Intelligent Process Automation
Author(s): Anuoluwapo Deborah Popoola
Abstract:
In an era defined by digital transformation and economic uncertainty, organizations across industries face growing pressure to reduce operational costs and enhance productivity while maintaining agility and innovation. This proposes a Model for Driving Cost Optimization and Productivity Through Intelligent Process Automation (IPA) a strategic framework that integrates Artificial Intelligence (AI), Machine Learning (ML), and Robotic Process Automation (RPA) to create intelligent, adaptive, and efficient enterprise processes. The model emphasizes how intelligent automation transcends traditional task automation by enabling cognitive decision-making, predictive analytics, and human-machine collaboration, thereby transforming business operations into scalable, data-driven ecosystems. The proposed framework is structured around five core components: (1) Process Mapping and Prioritization, which identifies high-impact areas for automation; (2) Intelligent Automation Design, combining AI and RPA for dynamic process optimization; (3) Data Integration and Analytics Layer, facilitating real-time performance monitoring and decision support; (4) Human-AI Collaboration Framework, fostering a symbiotic relationship between technology and workforce capabilities; and (5) Performance Measurement and Continuous Improvement, ensuring sustainable cost efficiency and innovation through feedback-driven evolution. Through systematic integration of these components, the model aims to achieve operational excellence, resource optimization, and organizational agility, while mitigating common barriers such as data silos, change resistance, and technology fragmentation. The study highlights how IPA enables organizations to not only streamline repetitive tasks but also enhance strategic decision-making and value creation. This conceptual framework contributes to both academic discourse and managerial practice by linking intelligent automation, digital transformation, and enterprise performance. It offers a roadmap for organizations seeking sustainable competitive advantage through intelligent process design, cost leadership, and productivity enhancement.
Keywords: Intelligent Process Automation (IPA), Cost Optimization, Productivity, Artificial Intelligence (AI), Machine Learning (ML), Robotic Process Automation (RPA), Digital Transformation, Enterprise Efficiency, Operational Excellence, Human-AI Collaboration
Pages: 1673-1685
Download Full Article: Click Here

