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5 Best Areas for Automation in Finance

Automation Anywhere

Robotic Process Automation (RPA) has been driving greater efficiency, accuracy, and compliance in finance departments for several years. Automation reduces the number of manual controls, reporting errors, and operational costs of the finance and accounting function.

Finance 145
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Your Guide to Business Process Automation (BPA)

Metasource

Implementing technology to streamline corporate operations is becoming increasingly popular. Many organizations have quickly joined the automation revolution to boost productivity, enhance customer service, reduce costs, and enable remote work. What is Business Process Automation? Reduce costs.

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How Your Procurement Can Benefit from Automation

Automation Anywhere

Procurement has rapidly become a high-impact area for automation. They want procurement to help drive business outcomes, for greater efficiency, resiliency, and cost savings. And automation can be the catalyst to make that transformation possible. The diagram below summarizes the core procurement processes chain.

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Identifying Automation Opportunities for Retail Banking

Automation Anywhere

Operations supporting each of these product lines such as loan fulfillment, underwriting, compliance, customer service, and collections could significantly benefit from automation since many of these processes are manual and document-intensive. These are the highest priority processes to automate. Ignore them.

Retail 98
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Combining Intelligent Automation Techniques for Strategic Digital Transformation

SIG Speaks

SIG University Certified Sourcing Professional (CSP) program graduate Tom Conti shares the four crucial areas to turn your tactical RPA initiative into a strategic Intelligent Process Automation program. But what is Intelligent Process Automation (IPA)? The Four Areas for RPA Definition.

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Business process reengineering (BPR) examples

IBM Services

Background of business process reengineering BPR emerged in the early 1990s as a management approach aimed at radically redesigning business operations to achieve business transformation. This might include streamlining payroll processes, digitizing HR operations or automating invoicing procedures.

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Data Drives Digital World Class: Finance must drive data quality to thrive as a world-class organization

The Hackett Group

While it is well-established that data drives digital, many business and finance organizations are not effectively leveraging their data as a source of sustainable competitive advantage. Artificial intelligence and machine learning can be utilized to ensure an accurate, repeatable, and scalable process.

Finance 52