What is iPRA Automation to mimic human activity. To process large number of transactions ad rule-based or logic based activities Online Contract Generation Portal
Capability Reduction in time to complete the tasks on hand 100% accurate, secure and provides greater control Can also handle judgemental complex tasks
How Does it Work? Works on existing IT applications and systems (excel, SAP, e-mail, word, O365, etc.) Require no/ minimum IT intervention to automate front-end-process Relatively faster turnaround time to robotize
Extensibility Agnostic of business functions Can be integrated with Cognitive and Machine Learning capabilities to handle decision making. End-to-end process coverage to deliver more business value.
Improved Quality & Controls Increase process compliance and auditability. Strengthening of controls Increases consistency with standardized process
Process Improvements Improves decision making Ensures process adherence Eliminates duplicates/ maker-checker roles in a process
Improved Productivity Increased speed of operation Increased throughput Ease of scale-up/ down as per business volumes
Improved Customer Service Increases process uptime window, improves TAT Continuation of business operation in human lock-down situation, 24*7 operation.
Higher Job Satisfaction 100% accuracy and process adherence in complex calculations, provides peace of mind
Reduction in Cost Reduces operating costs Minimizes recruitment & training cost Cheaper than ERP automations
