Currency transaction reports. Suspicious activity reports. HMDA and RESPA compliance. All of the high-stakes burdens of complying with Sarbanes-Oxley (SOX), Bank Secrecy Act (BSA), and anti-money-laundering (AML) requirements.
This work is unavoidable. It’s mandated. It’s hard. It consumes thousands of hours of highly-paid staff each year.
What’s worse: It’s a pitfall of human error. That can lead to rework, audits, and fines.
Thanks to The Lab, there’s a better way: Simply grab a Risk & Compliance Six-Pack of robotic process automation or RPA bots!
The following activities will all sound painfully familiar to you and your compliance staff. That’s because they’re the most pervasive, most onerous activities they face— and these are the “contents” of The Lab’s Credit Union RPA Six-Pack for Risk & Compliance:
—and others available, too!
Take a look at these two short videos and see RPA-bots live in action:
Imagine the time-sucking labor of these crucial activities… gone forever. Imagine the errors… eliminated. Imagine your staffers freed up for higher-value activities.
It’s not only possible. It’s affordable. And it’s easy. Because The Lab installs RPA bots, remotely from our U.S. offices in Houston, in just weeks.
And did we mention that RPA bots from The Lab pay for themselves in a year or less?
When it comes to RPA bots for credit unions, no one beats The Lab. We’ve been standardizing knowledge–work processes for credit unions—the essential prerequisite for automation—since 1993. We’ve even patented the process.
While other companies may know bots, they don’t know credit unions. The Lab knows both. And our grassroots approach ensures that your back-office team absolutely loves their labor-saving bots!
If you think this is a job for your IT team, think again. They’re overwhelmed just trying to keep existing systems running. In fact, credit union CIOs also love The Lab: Just show them our “New Staff Onboarding Bot for All IT Systems,” and they’ll want their own six-pack, too!
The six examples we’ve cited above are just a few of the more than 800 available credit union RPA use-cases from The Lab.
So you can mix-and-match your Six-Pack as you see fit. Concentrate in just one organization for maximum impact. Or spread them, Johnny Appleseed-style, across the entire credit union, to give multiple functions and/or regions a taste. Double up for a 12-pack, if you like. It’s entirely up to you.
The best way to appreciate the power and elegance of RPA risk & compliance bots is to see them in action for yourself.
Simply book your free, no-obligation 30-minute screen-sharing demo with The Lab. You’ll see real credit union bots in action, blazing past at up to 45x human speed, error-free. And get all your questions answered by our friendly team.
Simply call (201) 526-1200 or email info@thelabconsulting.com to book your demo today!