System of Credit Unions of Brazil (Sicoob), the country’s largest credit union system, had many processes (insurance quotes, payroll loans and, customer registration) that were document- and form-intensive. The processes required a significant amount of data entry, and when there were errors,...
Aon Italy, is a branch of Aon plc, a multinational professional services firm, which provides a broad range of commercial risk, reinsurance, retirement, health, and data and analytics solutions to businesses and consumers. To stay competitive and digitally transform, Aon needed to: Develop...
Trade Finance process facilitates the import and export activities and international trade transactions. There are multiple key entities involved in this process: Exporter of the good, Importer of the good, Exporting Bank and the Importing Bank. With Trade Finance, the exporter requires that...
Deploying an end to end solution on automation cloud pak is cumbersome. Each component/feature in this cloud pak is a product in itself and there is no platform wide export/import facility to save and restore an industry solution. Each product has its own export/import functionality and APIs...
Technology in the past couple of decades has taken the world to a whole new level. Smart Cards, Smart TV, Smart Phone and even a Smart Home! All the smartness definitely adds magic to our lifes, but so does it adds to the increasing rate of crimes. All the personal data are out there in the...
#ibmautomation #UseCase #industryusecase #ibmodm Procure-To-Pay is the process of requisitioning, purchasing, receiving, paying for and accounting for goods and services. The usual steps involved in the Procure to Pay process includes the following:- Customer places a request for...
Traditionally the Procure to Pay (P2P) process begins with the requisition of goods and services and ends with the payment being issued to vendors as a part of the accounts payable process. Accounts Payable (AP) is a subprocess within the wider spectrum of the P2P which focuses on Invoice...
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Like in other industries, banking industry do have many processes where human intervention is involved. Most of these processes start with document processing. In banking industry, processes which are document-driven, could be digitalized. Several banking documents are of varied file...
Over the period, automation has been preferred by most industries for digitalizing their processes. It not only saves time but also improves the efficiency and productivity. In today’s world, most of the industries have the processes automated to reduce the manual errors that could occur during...