Insights from The Lab

Finance

Category: Finance


Robotic Process Automation in Financial Services – an overview, examples, and how to implement RPA

Robotic process automation (RPA) is changing the way financial services operations are carried out on a daily basis. RPA solution providers are working with banks, investment management firms, and insurance companies to make the process of reducing large scale data transcribing work easier. Not only are robots being installed in back office operations of financial …

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Robotic accounting – 5 use cases, a case study, and examples of RPA in finance and accounting departments

Robotic process automation (RPA) is rapidly changing the accounting and finance operations, arguably faster than any other piece of modern technology. But a question remains. Why? Why is RPA becoming so popular? Why is it making robotic accounting a term to follow? Just for starters, it can be used to reduce data transcribing tasks by …

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Lean Six Sigma Projects for Finance and Accounting Transformation: Examples of Top Financial Services Operations

Our previous article in this series shone a spotlight on the lean six sigma finance transformation challenges in the fiercely competitive world of retail operations. This article zeroes in on an equally high-pressure environment: Retail investment management. The Lab has extensive experience in this realm, helping firms from regional players to top-five global powerhouses. The …

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Finance Transformation for Lean Retail: Business Intelligence in Shared Services for CFOs

Our last article served up its share of war stories from the front lines of finance transformation in the world of lean principles in insurance. In this article, we’re sticking with the topic of lean finance transformation, but we’re shifting the venue to the fast-paced, ultra-competitive, razor-thin-margin, zero-room-for-error realm of retail operations. Some people may …

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