Automation In The Financial Services And Accounting Industries
The RPA boost for Financial Services and the Industry
“RPA offers the ability to change business processes quite quickly, as opposed to taking a holistic enterprise wide-approach, that could take a lot of time and a lot of money to achieve.”
In their quest for digital transformation, banking organizations and other financial institutions have established themselves as the early adopters of smart technologies. Intelligent software is already making a difference in front-end, customer-facing systems.
Delivering more consistent services to the customer is paramount. RoboWorx helps finance and banking companies differentiate themselves. It provides efficiency and lowers costs while ensuring regulatory compliance and deeper analytical insight.
Invoice Processing with OCR
Sample of Processes for Financial Services Automation
Quote to Cash
Accrual Booking Remittance
Commercial Deposit Operations
Procure to Pay
Consumer Loan Automation
Credit Card Processing
Line of Credit
Small Business Loans
Tax Return Preparation
Watch how finance and accounting professionals can use financial services automation to scan the system for journal entries that require invoice attachments and then provide that link to the back office robot which then updates the journal entry in the SAP system.
How Does Optelcon Add Value?
Optelcon is in the business of making companies more profitable by reducing & containing costs, improving efficiency and sourcing more effectively. Through our strategic partners, Optelcon is vendor-neutral, RPA integrator. With over 50 RPA developers and process engineers, we use best practices to help select the best software for the job, document, program, integrate, and update the bots when processes change. We make sure it gets done right.