It is raining disruptions in the financial sector and transformation of core operations today is an absolute imperative to outperform FinTechs. It is vital that seasoned minds get together for strategic planning and fiscal analysis, rather than wasting time on mundane repetitive tasks like billing and payrolls. This is where RPA comes into picture, driving true operational transformation.
The scope for automation in finance is huge and we help organizations with a range of functions such as:
- Accounts receivable
- Accounts payable
- Operational finance and accounting
- Standard Journal entries
- Account and bank reconciliations
- Intercompany reconciliation
- Expense reimbursement
- Accounting change
- Regulatory and management reporting
- Financial planning and analysis
RPA is a solution that not only cuts costs but also ensures quicker and more accurate service delivery.
Delivering Results
Data confidentiality, accuracy, compliance and speed of service are perhaps the biggest concerns of financial institutions. While they are of high value, it is undeniable that most of these functions are mundane in nature. ITC Infotech factors in all the concerns of the financial sector while offering reliable automation solutions.
Our long list of successful projects span the entire globe – the best evidence of our expertise. ITC Infotech’s RPA solutions demand no IT infrastructural changes and remain within the bounds of regulatory requirements. The solution mimics actual human interactions and allows for human intervention at any given point during a transaction.
Business Benefits
- Streamline & optimize finance processes enabling cost reduction
- Remain within regulatory norms & adhere to SLAs for critical processes
- Ensure high-quality data through elimination of possible data errors
- Enjoy better control by retaining key processes in-house
- Bring a competitive advantage making way for quicker service delivery
- Eliminate mundane & repetitive tasks increasing employee productivity
