Slogging through manual, paper-laden processes. Constant re-keying of data between systems. Applicants are stuck in limbo, waiting for approvals. These are just some of the all-too-familiar frustrations bogging down loan processing workflows in financial institutions. But a transformation is underway. Hyperautomation - combining technologies like Process...

Introduction Innovations in technology have caused profound shifts in the dynamic Banking, Financial Services, and Insurance (BFSI) sector. Nevertheless, this transformation has created a new array of obstacles, including heightened rivalry, regulatory demands, and operational complexity. BFSI faces several challenges, including regulatory compliance, customer service demands, fraud...

For modern business enterprises, digital transformation can be achieved without end-to-end automation of its business processes. In its December 2019 report titled “Move Beyond RPA to Deliver Hyperautomation,” Gartner emphasizes that organizations “must deliver end-to-end automation beyond RPA by combining complementary technologies to augment business...

[vc_row css_animation="" row_type="row" use_row_as_full_screen_section="no" type="full_width" angled_section="no" text_align="left" background_image_as_pattern="without_pattern"][vc_column][vc_column_text] While it may sound like just another buzzword, hyperautomation is one of the most important and powerful strategic technology trends in existence. What is hyperautomation? At its core, hyperautomation is the synergy produced by combining robotic process automation (RPA) and...