The acronym "RPA" stands for Robotic Process Automation, which refers to technology that automates repetitive, rules-based tasks typically performed by humans. RPA allows organizations to increase efficiency, reduce errors, and free up employee time for more valuable activities. It is commonly used in processes like data entry, invoice processing, and customer service handling. By implementing RPA, businesses can streamline operations, improve precision, and enhance overall productivity, resulting in cost savings and better service delivery.