Business Story for Remittance
Affected Person: Banking
Business Story:
A large bank had to manually process more than 1000 payment transactions a day, suffering from low productivity due to human errors and long processing time… The bank needs to automate remittance business process. Covers >1000 trans/day, support multi formats: PDF, TIF, JPG, PNG. Not impact existing system. Processing time < 3 minutes. Project implementation time < 10 weeks .
Problem:
- This is a very time – consuming task.
- Mistakes may occur during the inputting, leading to incorrect info and may cause any serious problems related to employee benefits, salary, health insurance…in the future.
Solution:
• Standardize remittance process and remittance form.
• akaBot build robot to automate the business process and not impact on existing apps (interacts on screen as an user).
• akaBot also validates data, sends notification email, reads configuration parameter of robot.
• akaBot Vision to analyst remittance form structure and covert to text. Full service: Assessment, Design, Implement, Golive.
Benefits
- Available 24/7.
- Reduce effort: ~ 60%.
- Reduce processing time: ~ 80% (<2 minutes).
- Decrease the human mistake: ~50%.
- Project implementation time ~10 weeks .