what are the benefits of rpa in banking & finance industry?

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PITCH DECK V 1.0 What Are the Benefits of Rpa in Banking & Finance Industry?

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Benefits of Robotic Process Automation (RPA) in Banking & Finance industry include scalability, increased operational efficiency, cost-effectiveness, risk and compliance reporting, availability, zero infrastructure cost, faster implementation and business growth with legacy data.

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Page 1: What Are the Benefits of Rpa in Banking & Finance Industry?

PITCH DECK V 1.0What Are the

Benefits of Rpain Banking &FinanceIndustry?

Page 2: What Are the Benefits of Rpa in Banking & Finance Industry?

Scalability

The fact that robots arehighly scalable, allows youto manage high volumesduring peak business hoursby adding more robots andresponding to any situationin record time.

Page 3: What Are the Benefits of Rpa in Banking & Finance Industry?

Once correctly set up, banksand financial institutions canmake their processes muchfaster, productive, and efficient.

Increasedoperationalefficiency

Page 4: What Are the Benefits of Rpa in Banking & Finance Industry?

Cost-effectivenessSimilar to any other industry,cost-saving is critical to thebanking industry as well.Banks and financialinstitutions can look at savingaround 25-50% of processingtime and cost.

Page 5: What Are the Benefits of Rpa in Banking & Finance Industry?

Risk andcompliancereporting

RPA in banking helps ingenerating full audit trailsfor each & every process,so as to reduce businessrisk as well as maintainhigh process compliance.

Page 6: What Are the Benefits of Rpa in Banking & Finance Industry?

Whether you are looking toreduce manual errors or areachieving high accuracy atlow cost, robots work 24×7to complete the tasksassigned to them. Thus,reiterating the ever-presentavailability.

Availability

Page 7: What Are the Benefits of Rpa in Banking & Finance Industry?

Zero infrastructurecost One of the benefits of RPA in

financial services is that it doesnot require any significantchanges in infrastructure, dueto its UI automationcapabilities. The hardware andmaintenance cost is furtherreduced in the case of cloud-based RPA.

Page 8: What Are the Benefits of Rpa in Banking & Finance Industry?

With RPA tools providing adrag and drop technologyto automate bankingprocesses, it is very easy toimplement & maintainautomation workflowswithout any (or minimal)coding requirements.

Fasterimplementation

Page 9: What Are the Benefits of Rpa in Banking & Finance Industry?

Business growthwith legacy data With RPA implementation, banks

and the financial servicesindustry are using legacy as wellas new data to bridge the gapthat exists between processes.This kind of initiation andavailability of essential data inone system allows banks tocreate faster and better reportsfor business growth.

Page 10: What Are the Benefits of Rpa in Banking & Finance Industry?

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