Why RPA is an Ideal Fit for Banking
Over the years, the core banking function has involved a lot of people. With people, there is always a requirement for processes so that everyone in the organization can make the same decisions.
However, people following processes often creates boredom or involves some sort of bias. This sometimes leads to making poor decisions.
Research now has proven that computers are more reliable and unbiased while taking the decision based on processes and policies. This brings us to the concept of Robotic Process Automation.
RPA involves studying the existing processes and automating the most obvious and straightforward decisions in the process. This allows the companies to get better results on the execution of those processes. People are moved to doing more productive and creative things like identifying new revenue sources or creating new banking programs that can help the customer satisfaction with their bank.
RPA involves studying the existing processes and automating the most obvious and straightforward decisions in the process. This allows the companies to get better results on the execution of those processes. People are moved to doing more productive and creative things like identifying new revenue sources or creating new banking programs that can help the customer satisfaction with their bank.
Listen to Our Most Recent Podcast Episode:
Listen to Our Most Recent Podcast Episode:
Robotic Process Automation (RPA) v. Application Programming Interface (API)
Automate the Repetitive Low-Skill Tasks and Elevate Your Employees’ Potential
Workers with medium to high challenges spending too much time on the following: (Workers not yet impacted by RPA initiatives)
Source: IDC Robot for Every Worker Survey 2020
42%
Switching between applications
32%
Administrative tasks
30%
Preparing data for analysis
Experience across healthcare, manufacturing, supply chain, and finance allows our team of professionals to customize an automation strategy specific to your business needs. We service all types of companies and industries through the use of existing technologies that drive process improvement and provide automated solutions to help drive your company’s success.
Use Case: RPA in Healthcare
Use Case: RPA in Healthcare
When software robots take on the thousands of detailed, repetitive tasks and processes, it makes everyone in the healthcare system —patients, partners, caregivers, and administrators – feel a whole lot better.
Even if your organization isn’t in the healthcare industry, view this use case to understand real practical applications of RPA.
OUR TECHNOLOGY PARTNERS
CASE STUDY
Indiana University Health – delivered key process automations to help reduce manual workload for pathology team.
- Over 250 hours of savings for COVID Testing Registration and Record-keeping
- Developed Standardized Robotics Process Automation Roadmap for reviewing and assessing process automation opportunities across the global enterprise.
- Delivered over 50+ process automations in less than 2 years, resulted in $2 million in annual cost savings.
- Developed with high standards and controls to secure confidential information and meet industry requirements.