Automation to Drive Financial Institutions 

Financial industries are now beginning to realize the tremendous benefits of automation. With digital transformation rapidly changing, companies are relying on technology to remain competitive by automating front and back-office processes and managing compliance electronically. 

Challenges in the Workplace

Banking and finance institutions lagging behind the technology curve are being held back by manual business processes in day-to-day work. This creates frustration for employees and leads to a disturbance in customer satisfaction, security, and regulatory compliance. 

What Employees Are Saying About Their Current Business Processes

Business processes have let me down

Where Do Finance Workers Spend Their Time on Unnecessary Tasks That Can Easily Be Improved Through Automation? 

To ensure you do not fall behind on the most recent digital practices and employees are satisfied, smart solutions such as process intelligence, automated data entry, and electronic records management are here to transform your business processes. Are you ready to break the chain of inefficacies, inaccuracies, and security breaches? 

73% of Financial Services workers said their organization has started to apply smart technologies in order to improve productivity, accuracy, and security. 

What Automation Looks Like When Implemented in Your Organization   

Implementing deep process mining technology leverages your existing data to provide complete process transparency. Once you see where bottlenecks and inefficiencies lie, smart solutions can be implemented to make the most out of your time and money. Some of these solutions include, but are not limited to: 

Data Extraction: Thousands of document types used in Financial Services can be captured and classified with a high degree of accuracy, including complex and unstructured documents. The data from these documents can be extracted from email, faxes, or scanned paper. This data can then be used to automate data entry into any of your business systems, creating the foundation for downstream automation. 

Records Management: Incoming records and data are instantly and automatically stored in their proper location. This provides your agents and advisors with instant access to the information they need to deliver top-notch service. By automating the filing process, we can also ensure records receive their appropriate retention schedules and automatically manage record lifecycles to keep you in compliance. 

Automated Communications: Smart technologies play a key role in providing the tools needed to create dynamic, responsive, and customized interactions. At all stages of the process life cycle, including onboarding, approval, and updates, documents are reviewed and approved in a much timelier manner. 



Solutions we implement include: