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ACHIEVING RESILIENCE AND INNOVATION
WITH RPA IN FINANCIAL SERVICES
Introduction
Achieving resilience and innovation with RPA in financial services
 Improved accuracy
 Scaled-up business workflows
 Better governance
AGENDA
1
2
3
5
3 Facts & Figures
4
3
Conclusion
Designed with the intention to automate
workflows that are structured, repetitive,
and rule-based, these new digital workforce
supplements and augments the core teams
in performing numerous tasks.
INTRODUCTION
ACHIEVING RESILIENCE AND INNOVATION WITH
RPA IN FINANCIAL SERVICES
Improved
Accuracy
Scaled-up Business
Workflows
Better
Governance
With so many labor-intensive
processes, there are increased chances
of human errors. Implementation of
robotic process automation in
finance processes removes the
inconsistencies of human performance
by eliminating their intervention and
consistently delivers accurate results.
IMPROVED ACCURACY
As compared to full-time human
equivalents, the figurative bots deliver
increased productivity as they are suited to
operate 24 hours a day, seven days a
week, 365 days per year.
SCALED-UP BUSINESS WORKFLOWS
With specially designed bots, each action
can be tracked easily, including the access
made and the outputs generated which are
stored in a centralized database for review.
This audit trail capability allows the
enterprises to hold relevant parties
accountable.
BETTER GOVERNANCE
Human error within the financial services
functions produce, on average, 25,000
hours of avoidable rework for $878,000 per
year. (Source - Gartner)
AN INTERESTING FACT
CONCLUSION
Configuring robotic process automation in finance enables
the companies to achieve resilience and innovation
seamlessly. It opens up limitless opportunities for data
collection and related workflow as well as operational/tactical
decision-making.
THANK YOU
READ MORE
Click Here

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Achieving Resilience and Innovation with RPA in Financial Services

  • 1. ACHIEVING RESILIENCE AND INNOVATION WITH RPA IN FINANCIAL SERVICES
  • 2. Introduction Achieving resilience and innovation with RPA in financial services  Improved accuracy  Scaled-up business workflows  Better governance AGENDA 1 2 3 5 3 Facts & Figures 4 3 Conclusion
  • 3. Designed with the intention to automate workflows that are structured, repetitive, and rule-based, these new digital workforce supplements and augments the core teams in performing numerous tasks. INTRODUCTION
  • 4. ACHIEVING RESILIENCE AND INNOVATION WITH RPA IN FINANCIAL SERVICES Improved Accuracy Scaled-up Business Workflows Better Governance
  • 5. With so many labor-intensive processes, there are increased chances of human errors. Implementation of robotic process automation in finance processes removes the inconsistencies of human performance by eliminating their intervention and consistently delivers accurate results. IMPROVED ACCURACY
  • 6. As compared to full-time human equivalents, the figurative bots deliver increased productivity as they are suited to operate 24 hours a day, seven days a week, 365 days per year. SCALED-UP BUSINESS WORKFLOWS
  • 7. With specially designed bots, each action can be tracked easily, including the access made and the outputs generated which are stored in a centralized database for review. This audit trail capability allows the enterprises to hold relevant parties accountable. BETTER GOVERNANCE
  • 8. Human error within the financial services functions produce, on average, 25,000 hours of avoidable rework for $878,000 per year. (Source - Gartner) AN INTERESTING FACT
  • 9. CONCLUSION Configuring robotic process automation in finance enables the companies to achieve resilience and innovation seamlessly. It opens up limitless opportunities for data collection and related workflow as well as operational/tactical decision-making.