Robotic Process Automation (RPA) for Financial Institutions
With RPA, Finance organizations can eliminate tedious tasks, enhance the way your business collects and utilizes data, and make actionable decisions and insights faster.
Robotic Process Automation (RPA) for Financial Institutions
RPA in finance makes it possible for your finance organization to eliminate tedious tasks, enhance the way you collect and utilize data and make actionable decisions faster than ever. Finance process automation can automate your key finance-related tasks, like accounts reconciliation, journal entries and the preparation of financial statements, all with minimal human intervention. RPA and finance go hand-in-hand to streamline processes and ensure everything runs as smoothly as possible.
A Cost-Cutting Solution That Will Improve Business Operations
With RPA in finance and accounting, you can easily cut down the time it takes to complete back-end tasks. RPA applications in finance make it possible to automate invoice processing, ensuring accuracy and preventing mistakes. This will help you reduce monthly expenses, all while your customers benefit from a faster loan approval process that’s more accurate than ever. Best of all, RPA in finance will optimize your cash conversion, prevent delays in accounts payable and accounts receivable and reduce inventory turnover.
REDUCE LABOR COSTS
Eliminate error-prone manual tasks that are costing your company valuable time and money each month.
HIGH CUSTOMER SATISFACTION
Make banking a friction-less experience by providing your customers with on-demand access to the services they need.
BETTER RISK ASSESSMENT
Humans make mistakes. Our bots can increase your accuracy by up to 100% and are available 24/7.
FASTER ONBOARDING
Collect, assess, and verify loan applications in just minutes using machine learning.
MAINTAIN COMPLIANCE
Stay compliant with know your customer (KYC) and Anti-money laundering (AML) regulations.
EASILY INTEGRATABLE
Our team of developers will create a customized solution that is compatible with your existing workflows.
What tasks can RPA solve for financial institutions?
- Procure to Pay
- Order to Cash
- Reconciliations
- Consolidation and Book closing
- Fixed Asset Management
- Account Receivables
- Tax Planning
- Data Management
Rapidly Implement Finance RPA with Tangentia Automation
Tangentia can help your organization create automated systems that are designed to improve the customer experience and save time and money.
With RPA, you can easily cut down the time it takes to complete back-end tasks. Your company will reduce its monthly expenses, and your customers will benefit from a faster loan approval process that’s more accurate than ever.
RPA by Finance Industry Business Use Case
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