Save 2,000 hours of manual labor, year after year, with RPA banking bots Loans require supporting paperwork from the borrower; it’s a fact of life in banking. And for every form that needs to be attached to a loan—and then updated, and then checked—there are people in your bank’s Loan Operations team who are suffering, …
Read More
Speed operations, eliminate drudge work and errors in your bank or credit union with robotic process automation Stop-payments are a common transaction between all banks. Despite the “automated” part of Automated Clearing House (ACH), these are processed manually by banks every day, totaling thousands in a short time. In this article, The Lab will show …
Read More
Just because “experts” say it, doesn’t mean it’s true. If you watch the news—or read some stuffy white paper—you’d think that today’s bank staff are terrified of robotic process automation, or RPA. You’d think they’re fearing for their jobs. Their dignity. Their lives. Nothing could be further from the truth. How do we know? We’ve …
Read More
One important takeaway from the book The Knowledge Work Factory is that standardization is at the root of all business improvement. Working alongside standardization on the production floor has been robotics and now in the form of RPA, or Robotic Process Automation, it is moving into knowledge work. One place where Robotic Process Automation is …
Read MoreSince opening its doors in 1993, The Lab has helped some of the best companies in the world become even better.
