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Robotic Process Automation use cases showcase how much technology has evolved in different industries. Here are RPA use cases and RPA examples in the top ten industries.
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* Minimise security risks
* Maximise efficiency
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Achieving Business Transformation with UiPath RPACelonis
UiPath delivers the most advanced Enterprise RPA Platform, built for business and IT. As you strive to benefit from the opportunities of the “Automation First” era, your digital transformation can be accelerated here. And UiPath RPA is constantly adding new AI skills that can be applied to more complex use cases. Join Christian Berg, Director of AI Product Management, and Bella Liu, AI Partnership Lead to learn how UiPath RPA is enabling robots to address process automation end to end with new AI skills powered by Celonis.
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Christian Berg, Director of AI Product Management, UiPath
Robotic Process Automation (RPA) is certainly not a new concept. Yet, for whatever reason, it’s still surprisingly misunderstood. To truly understand the value proposition RPA offers companies, as well as debunk some misinformation, our panel of experts will:
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- Discuss the practical applications of this emerging technology within the asset management industry.
- Discuss why some RPA projects fail while others succeed.
Robotic Process Automation (RPA) Services - Signity Solutionsbiz_signity
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Join us for this webinar as Gary Davis, SmartAction CEO, shares insights and best practices for implementing AI virtual agents in the contact center. After deploying conversational AI for more than 100 leading brands, we’ve learned a few lessons on what can make — or break –– the automated customer experience.
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•The potential ROI when conversational automation is done right
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Automated authorization and distribution of portfolio statements nividous
1. Nividous RPA Bots were deployed within two weeks to automate authorization and
distribution for over 300 statements. While the authorizers and auditors used to
take more than a week to complete the process, the Bots could achieve it in one
hour. The automation freed up their valuable FTEs allowing for improved
productivity and reduced operational cost. Enhanced data auditability, faster
customer communication, and one hundred percent accuracy were the other
obvious benefits.
A leading private wealth management firm provides end-to-end wealth
management solutions and aspires to be the most trusted wealth advisor for its
high net worth individual customers and partners.
Their initial attempt to eliminate the manual efforts by implementing digital
signature software could only help in reducing the shipment and printing cost. The
process of reviewing, signing, stamping, and distributing portfolio management
statements to the hundreds of end customers was still manual. Additional efforts
were required to login into the software and perform security checks.
There were over 18 business processes and dashboards already automated
using Nividous RPA Bots to streamline risk assessment and post-trade
operations, and report generation. Upon realizing several benefits, including
saving of 1656 staff-hours annually for processing over 250 different files with
100% accuracy, and 70% ROI within weeks, the customer wanted to expand the
use of the Bots for other possible automation opportunities.
The Nividous experts found an immediate opportunity to automate the highly
time-intensive process of authorizing and distributing over 300 annual portfolio
management statements.
Automated Authorization and
Distribution of Portfolio Management
Statements for a Wealth Management Firm
Processes automated
Risk assessment and post trade
operations
Portfolio management statements
authorization and distribution
Consolidated report generation
Industry
Wealth management
Organization
Challenges
Solution
Benefits
Faster
processing time
90%
Accuracy
in automation
100%
Decrease
in labor
65%
Improved
productivity
70%
Signing documents with a digital
signature is a complex process
requiring a strict compliance
check. Nividous RPA Bots
successfully automated the
process, saving a considerable
amount of time, effort, and cost.
We have also utilized Nividous
platform to automate the
end-to-end generation of over 18
reports, covering risk, operations,
and portfolio management
functions.
Head of Technology & Transformation
A Leading Wealth Management Firm
+91 (22) 2605 4583
contactus@nividous.com
www.nividous.com
For more information on how wealth
managers use Nividous platform visit:
https://nividous.com/case-studies#wealth
2. Faster
processing time
90%
Accuracy
in automation
100%
Decrease
in labor
65%
Improved
productivity
70%
Story details
The customer is a strong believer in embracing digital technologies to accelerate business growth. Implementing digital
signature software to authorize and distribute annual bank statements was a part of their digital transformation initiatives.
However, the software required the time of authorizers and auditors,
which increased the risk of human errors in statements containing
highly confidential information. Additionally, the end-customers were
dissatisfied with the delay in communication that resulted.
Nividous RPA Bots verified multiple fields and configured login to
pass each PDF statement for a digital signature
The Bots then signed the verified documents; multiple digital
signatures could be configured per document
The Bots also took over the task of manually finding more than
ten instances in a single PDF to sign
The Bots sent the verified and signed statements to the
respective customers via email
Significant decrease in the cost, effort and time for processing
statements
Enhanced data auditability with 100% data accuracy
The future
RPA-enabled automation proved to be an effective solution for the customer. Their focus is now to embrace intelligent
automation, RPA combined with Artificial Intelligence to achievetheir broader digital transformation goals.
~
Benefits
DIGITAL
Signature
+91 (22) 2605 4583
contactus@nividous.com
www.nividous.com
~
About Nividous
About Nividous Platform
linkedin.com/company/nividous twitter.com/nividous youtube.com/nividous
Nividous platform is one of the very few platforms that offer key Hyperautomation capabilities out of the box. Robotic Process Automation, Business
Process Management and Artificial Intelligence, the key components of Hyperautomation have been developed natively within the platform. This
combination of technologies allows for very sophisticated processes to be automated to free human workers from repetitive, mundane tasks.
Nividous helps you to unleash the true potential of your workforce by humanizing work with its Hyperautomation platform. Leveraging its tremendous
domain expertise, the Nividous team offers vertical solutions that are RPA and AI-enabled and built on configurable process automation capabilities to
empower businesses to operate with flexibility and agility. Nividous also offers end-to-end professional services allowing organizations to work at their
peak efficiency with rapid ROI and lowest TCO.
Nividous platform was an ideal choice to overcome such challenges,
given the fact that the customer had already seen the capabilities and
benefits of the platform.