Banking Failures: 7 Wake-Up Calls for Your Digital Banking Software
Reading Time: 5 minutesIs your digital banking software causing more frustration than financial freedom? Not sure why & how it’s causing banking failures! You’re not alone. Many banks are grappling with outdated interfaces that resemble early mobile phones. These legacy systems are striving to evolve into modern digital platforms, yet the transition often falls short. As a result, many
Enhancing Efficiency and Security: Tracking IT Assets in Banking Branches
Reading Time: 7 minutesBanks rely heavily on Information Technology (IT) infrastructure in the digital era to deliver services efficiently and securely. With multiple branches spread across different locations, it becomes crucial to maintain meticulous records of IT assets. From computers and servers to networking equipment, every component plays a vital role in ensuring smooth operations and safeguarding sensitive
A Practical Guide to Process Vs Procedures: Unraveling the Mystery
Reading Time: 7 minutesThe terms “process” and “procedure” are often used interchangeably by operations managers. Are they the same thing? There is a very close relationship between these two terms, and you may use them interchangeably. However, a procedure is very different from a process. This article will explain how these two terms i.e. process vs procedure, are
Forecast Your Financial Future: Budget Planning & Expense Tracking Solution for Informed Decisions
Reading Time: 9 minutesEver wondered what sets successful businesses apart in the tapestry of finance? The answer lies in the precision of Budget Planning and the foresight provided by Actual Expense Capture and Forecasting. Let’s unravel the secrets of financial mastery, where every dollar spent tells a story of strategic brilliance, and every deviation from the plan is
How Process Automation Accelerates Digital Transformation
Reading Time: 8 minutesWhat if you could share organizational data across departments and ensure that everyone has timely access to information; what if certain events in one department automatically triggered work streams in another? Well, you can. This can be done with process automation. An effective system to automate your business processes can increase efficiency and improve communication
The ROI of Business Process Automation: Metrics that Matter
Reading Time: 3 minutesThis article was first published on Customer Think. Today the term “automation” has become more than just a buzzword; it’s a transformative force. Companies, big and small, are increasingly turning to automation to streamline their operations, reduce costs, and enhance productivity. Yet, amid this automation wave, a pivotal question emerges: What’s the ROI of Business Process
The Roadmap to Streamlined Operations: Assessing Your Automation Readiness
Reading Time: 3 minutesThis article was first published on NASSCOM Community. In today’s dynamic business landscape, staying ahead requires continuous improvement and embracing innovative solutions. Automation has emerged as a powerful tool that can revolutionize how businesses operate, leading to enhanced efficiency, reduced errors, and improved productivity. Join us as we dive into the world of automation and learn
Efficient Business Process Management while Working at Home
Reading Time: 9 minutesThis article was first published on Thrive Global. As Steve Jobs said, “If you define the problem correctly, you almost have the solution.” This holds, especially for an activity like business process management. This activity depends almost entirely on understanding the problem that needs to be solved and then providing a process that might clarify
4 Ways to drive Operational Agility in your Organization
Reading Time: 4 minutesThis article was first published on Customer Think. If there was one lesson for organizations after 2023, it was learning to adapt to market turbulences and to stay afloat even in the most unexpected circumstances. As the pandemic disrupted organizations in every possible way, the ones to deal with it the best were the ones
Top 12 Best Practices of Business Process Management(BPM)
Reading Time: 6 minutesHow do businesses develop and maintain the capacity for quick, low-risk, and cost-effective business process operations and automation changes? The conclusion of most studies on business process management lists several rather generic factors, e.g., top management support, communication, appropriate culture, the appointment of process owners, and end-user training. For BPM initiatives to fulfill the promise
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