RPA – 3 Cubed Consulting – Purpose. Passion . Performance

RE-ENGINEER BUSINESS PROCESSES LANDSCAPE THROUGH

(ROBOTIC PROCESS AUTOMATION)

With many enterprises shifting towards the digital transformation, Robotic Process Automation (RPA) adds to the benefits for the industries as a whole. RPA needs suitable design, planning and governance to strengthen businesses. It mimics people interactions, high-performance tasks, automate operational processes, minimizes errors and improves efficiency and performance, thus significantly reducing costs. With this technology, enterprises can transform their business processes digitally, and the workforce can effectively focus on other high-value tasks. RPA robots utilize the user interface for data capturing and critically analyze the tasks on a regular basis. It efficiently interprets the actions and communicates in order to perform and save up on various repetitive tasks.

Benefits of our RPA solutions implementation includes:

Accuracy – Extreme accuracy and uniformity – much less prone to error or typos
Low Technical Barrier – No programming skills required to configure a bot
Compliance – Bots follow regulatory compliance rules and provide an audit trail history
Non-Invasive Technology – No invasion to underlying legacy system hence reducing the burden on IT
Improved Employee Morale – Workers can dedicate time to more engaging, interesting work
Productivity – Process cycle times are much faster than manual process approaches

Reliability – Bots works tirelessly for 24×7 without any interruption
Consistency – Routine tasks are performed the same way each time
Cross-industry – RPA can be used across industries since it follows procedures in use
Scalability – Instant ramp up and down to match demand peaks and troughs
Retention – Shifts towards more stimulating tasks

Our RPA solutions portfolio includes for:

Operational Process Automation

ERP Automation

Accounts Payable

Data Aggregation

Data Capture/ Verification

Business Intelligence

Claims/Returns Processing

Reconciliation

Chatbot Automation

Payroll Processing

As our RPA partner, KOFAX has the solutions as below for your industry:

Cross Industry

Digitize, automate and accelerate customer and back-end processes with market-leading software by Kofax.

Robotic Process Automation : Eliminate errors by automating time-consuming manual tasks and processes with our Kofax RPA tools. It will not only produce 100% accurate data but will also help deliver data within a given fraction of time and cost.

Digital Transformation : Transform the customer journey by engaging them with the world’s first unified digital transformation platform which is simple and intuitive, delivering a complete digital customer interaction engagement at any point of time. Connect with your customers in a responsive and dynamic path with our Kofax RPA tools, right from document capture to approvals.

Web Data Extraction : Our robotic process automation (RPA) tool for web data extraction is the ultimate solution to automatically extract and integrate business-critical web data to inform business decisions. Establish a streamlined process for the extraction of large volumes of accurate data with this powerful RPA tool and deliver better insights and research to your clients.

Customer Onboarding : Engage customers with a simple, flexible and intuitive onboarding experience with Kofax Customer Onboarding automation solutions. This Kofax RPA tool delivers an accelerated onboarding process with a remarkable customer experience at a greatly reduced cost.

Dynamic Case Management : Deliver exceptional customer service and business outcomes with our Kofax RPA tools by managing complex, dynamic business processes. This automation tool by Kofax allows an organisation to dynamically manage the workflow and processes with on-demand requirements for efficient and instantaneous outcomes.

Financial Process Automation : Streamline end-to-end financial processes to boost productivity, lower costs and increase visibility and control. Kofax RPA tools allow you to analyse, control and accelerate the financial process of an organisation, driving elevated business outcomes.

Process Intelligence : Monitor, analyze and optimize the quality of your business processes through actionable insights.

Regulatory Compliance : Ensure the consistent application of business rules and regulatory requirements through automation. Adhere to a digital transformation solution with our Kofax RPA tools and reduce the risk of fines or any other sanctions by automating the acquisition and delivery of critical data to the right people.

Banking

Automate onboarding, loans and mortgages, servicing and operations with banking solutions from Kofax.

Account Opening Automation : Eliminate time-consuming account opening processes and switch to our Kofax RPA tool for automating new account openings to enhance the customer experience and accelerate time to revenue. It will not only streamline the processing to onboard customers faster, but will help build long-term loyal customers to your business.

Consumer Loan Automation : Streamline your loan processing with a complete digital consumer loan experience, omnichannel assistance and effective communication with customers. Automate your consumer loan origination and closing processes with our Kofax robotic process automation (RPA), thereby promoting an elevated customer experience over a long term.

Mortgage Processing Automation : Streamline your mortgage loan processing with the aid of a complete digital consumer loan experience and omnichannel assistance with Kofax RPA tools. Automate your mortgage loan origination, closing and servicing processes with a reduced cost and time.

Customer Self-service and Assisted Service : Drive customer loyalty through a digital self-service/assisted-service model via a single, open platform. The Kofax RPA tools allow customers to directly interact with the bank, thereby accelerating account opening, loan application approvals, improving accuracy and efficiency with automated data entry.
Financial Data and Equity Research Automation : Our unified design robotic process automation (RPA) tool for financial data and equity research helps explore the market-moving events in real time, insights to market trends and customer behaviours. It automatically extracts and integrates web and proprietary financial data to inform investment decisions.

Wealth Management Transformation : Simplify the onboarding and wealth management processes via a highly flexible and dynamic Kofax RPA tool which helps increasing the overall efficiency, profits and customer satisfaction. Streamline paper-based onboarding processes to provide superior service to high-net worth clients.
Customer Due Diligence Automation : The best solution to comply with the increasing regulations is by leveraging robotic process automation (RPA) for banking and insurance processes to meet Customer Due Diligence requirements. Reduce unwanted manual tasks and duplicate processes to save money and time.

Branch Capture Transformation : Streamline remote branch capture and create a superior customer experience. Deploy a branch and teller capture solution that will enable your organisation to keep up to par with the rapidly evolving digital banking environment. This Kofax RPA tool will help you improve your operational efficiency and elevate your customers’ experience.

Trade Management Optimization : From financial message handling to transaction matching, switch to a digital transformation platform by Kofax that can improve trade process transparency, handle exceptions and deliver high speed processing and effective outputs. Optimize global trade management processes with our Kofax RPA tool for financial services institutions for a greater operational benefit.

Operational Reporting and Compliance : Automatically gather and integrate compliance information for banking and insurance to meet regulatory reporting demands. Our Kofax RPA tool ensures consistent application of business rules and regulatory compliance standards through an integrated process automation.

Government

Automate and digitize your government services with robotic process automation (RPA) tools from Kofax.

Government Application Automation : Employ the Kofax RPA tool to automate your entire application process electronically, reducing manual work and streamlining your application processing. Improve constituent engagement while you automate, simplify and speed up your government application process.

Public Assistance : Enhance your organisation processes with this Kofax robotic process automation tool which allows to capture and build case files, manage these files electronically, analyse and improve operational efficiency and accelerate document processing to meet the constituent needs. Automate every aspect of your public assistance programs to better serve constituents.

Public Safety and Law Enforcement : Share timely and accurate information across jurisdictional boundaries with magnified security of confidential data. Our robotic process automation (RPA) tool by Kofax enhances communication and information access to safely and efficiently serve and protect your community.

Medical Claims Processing : Streamline the digitization, validation, conversion and intelligent routing of paper medical claims. The Kofax RPA tool for medical claim processing makes it easier to handle more claims with fewer people and increased accuracy, improving subscriber satisfaction while growing margin.

Insurance

Automate onboarding, claims processing, servicing and operations with insurance solutions from Kofax.

Digital Mailroom : Deploy the digital mailroom software and transform incoming insurance policyholder or claims documents into actionable electronic information. Leverage process automation to alleviate exceptions, streamline the movement of documents and gain actionable analytic insights through this RPA tool by Kofax.

Property and Casualty Claims Processing Automation : Evolve the process of your property and casualty claims service by establishing a digital path which can dramatically reduce your costs and streamline settlements through a single powerful platform. Automate the insurance claims process with the Kofax robotic process automation (RPA) tool to drive efficiencies and keep customers engaged and informed.

Health and Injury Claims Automation : Deploy a robotic process automation (RPA) platform which will simplify health and insurance claims processing with improved speed, accuracy and visibility across your claims process and eradicate unwanted costs. Streamline the digitization, validation, conversion and intelligent routing of paper medical claims.

Customer Engagement and Policy Management : Attain personalized correspondence with minimal IT effort by deploying a robotic process automation (RPA) tool by Kofax and seamlessly integrate information from various sources and deliver in the channel of your customer’s choice. Engage customers with personalized onboarding, claims and policy management communications.

Customer Self-service : From speeding up policy applications to claiming initiation, empower insurance policyholders, agents and brokers through self-service with our Kofax RPA tool. Elevate customer onboarding by deploying a unified platform to enhance the experience of insurance customers via self-service options.

Applicant-Agent-Producer Onboarding Automation : Rapidly verify applications, monitor processes orinsights and make alterations to optimize the customer experience through a digitally transformed and automated platform by Kofax. Engage insurance applicants with a simple, flexible and intuitive onboarding experience.

New Business Underwriting Automation : The RPA tool by Kofax enables you to automate new business underwriting procedures while leveraging underwriting rules and risk analytics in real time. Empower underwriters with fast, efficient access to information and comprehensive risk analysis.

Customer Due Diligence Automation : The ultimate solution to comply with the drastic increase in regulations is by leveraging a robotic process automation (RPA) platform for insurance processes. Reduce unwanted manual tasks and save money and time. Onboard insurance customers faster and adapt to changing Customer Due Diligence requirements.

Branch Capture Transformation : Deploy a branch and teller capture solution that will enable your organisation to keep in line with the rapidly evolving digital environment. This Kofax RPA tool will help you elevate your operational efficiency and customers’ experience. Streamline insurance branch office capture and create a superior customer, agent and broker experience.

Operational Reporting and Compliance : Automate data aggregation to better comply with increasing regulations. Automatically gather and integrate compliance information for banking and insurance to meet the reporting demands. This robotic process automation (RPA) platform by Kofax ensures consistent application of business rules and regulatory compliance standards.