Robotic Process Automation for The Financial Services Industry
JULY 14, 2022
Information technology has already reached the stage where it can do activities as complex as those performed by humans, thanks to advancements in …
Robotic Process Automation (RPA)
Book a consultationUse RPA power to transform your operations
Robotic Process Automation (RPA) is a technology that enables the automation of routine, rule-based tasks across various software systems. It uses 'bots' or software robots, mimicking the actions a human would perform on a computer. RPA can interact with different applications, enter data, process transactions, and even respond to simple customer queries. By automating repetitive tasks, businesses reduce the risk of human error and free up their staff to focus on more complex, value-added activities.
$50.5
billion
The estimated size of the global RPA market by 2030
Fortune Business Insights
53%
of organizations have already started RPA implementation
Deloitte
78%
of companies that have already deployed RPA will see a major rise in investment
Deloitte
I've observed the profound impact RPA has on the way companies operate.
It’s a powerful force, not just for improving efficiency but for fundamentally redefining business workflows. Our clients, who once felt bound by the limitations of traditional processes, now navigate new possibilities.
RPA strips away the mundane, the repetitive tasks that once bogged down their brightest minds, freeing them to engage with the work that truly matters. This shift transforms corporate culture, sparking innovation where routine once reigned. The true power of RPA lies in its ability to turn potential into action, to turn what if into what is.
It’s a pivot from the mechanical to the strategic, a bridge to a future where businesses are not just doing better but thinking bigger.
Igor Tomych, CEO DashDevs
Enterprise companies trust us for their process optimization
DashDevs software agency has increased productivity and saved costs for enterprise companies in the EU, UK, and MENA regions. Our Robotic Process Automation services are highly adaptable and can be rapidly scaled to meet changing business needs.
Our automation services
RPA consulting
Our expert consultants partner with you to develop a clear vision and strategy for RPA implementation that aligns with your business objectives.
Business Process Analysis
We conduct a detailed analysis of your business processes to identify key areas where automation can maximize efficiency and impact.
Custom Bot Development
Our team develops bespoke RPA bots tailored to integrate seamlessly with your existing systems, capable of handling tasks ranging from simple data entry to complex analytics.
Seamless Integration
We focus on creating solutions that boost efficiency and are easily maintainable within your existing operational framework.
Support and Maintenance
Post-deployment, we provide ongoing support and maintenance to ensure smooth operation and adaptability of your RPA solutions as your business needs evolve.
Staff Training
We offer comprehensive training for your team, enabling them to effectively utilize and manage the automated processes, thereby maximizing the benefits of RPA in your organization.
What outcomes to expect
from our RPA implementation
Business Process Analysis
Streamline processes and identify key areas ripe for automation, leading to significant time and cost savings.
Achieve deep insights into your operational inefficiencies.
Achieve deep insights into your operational inefficiencies.
Streamline processes and identify key areas ripe for automation, leading to significant time and cost savings.
“After the Business Process Analysis by DashDevs, we identified several bottlenecks we didn't know existed. Implementing their recommendations, we've seen a 30% reduction in process time and significant cost savings.”
Custom Bot Development
Bots in RPA enhance task execution speed and accuracy, directly boosting productivity and operational efficiency.
Receive tailored bots that align perfectly with your business needs.
Receive tailored bots that align perfectly with your business needs.
Bots in RPA enhance task execution speed and accuracy, directly boosting productivity and operational efficiency.
“The custom bots developed by DashDevs have transformed our data handling. We've noticed a remarkable increase in data processing speed and accuracy.”
Seamless Integration
Seamless Integration leads to minimal disruption and ensures continuity in your business operations.
Experience a smooth transition with RPA tools that integrate effortlessly into your existing systems.
Experience a smooth transition with RPA tools that integrate effortlessly into your existing systems.
Seamless Integration leads to minimal disruption and ensures continuity in your business operations.
“Integrating RPA into our existing systems was a major concern for us. DashDevs made it look easy. Their solutions fit perfectly into our workflow with zero downtime.”
Support and Maintenance
Regular maintenance and updates prevent downtime and keep your operations running smoothly.
Benefit from continuous, reliable support, ensuring your RPA services function optimally.
Benefit from continuous, reliable support, ensuring your RPA services function optimally.
Regular maintenance and updates prevent downtime and keep your operations running smoothly.
“The ongoing support and maintenance from DashDevs are outstanding. We've had minimal issues, and whenever something comes up, their team resolves it swiftly, ensuring our operations never miss a beat.”
Staff Training
Our training leads to enhanced employee engagement and ensures your business fully leverages the benefits of automation.
Empower your team with the skills to effectively use and manage RPA tools.
Empower your team with the skills to effectively use and manage RPA tools.
Our training leads to enhanced employee engagement and ensures your business fully leverages the benefits of automation.
“The training provided by DashDevs on RPA tools was comprehensive and easy to grasp. Our staff is now confidently using these tools, making our processes more efficient than ever.”
OUR RPA BOTS CATALOG
Dashdevs offers a range of Robotic Process Automation bots to assist various business sectors. Below is an overview of their diverse functionalities.
Finance Sector
Deal Pricing/Margin Analysis Bot
Analyzes historical data to assist in margin analysis for specific products, advising sales and pricing teams on optimal pricing strategies.
Accounts Payable Invoice Processing Bot
Processes invoice data, ensuring accuracy in tax, purchase orders, goods received notes, and payment terms and dates, as well as executes invoice payments.
Accounts Receivable Bot
Manages cash receipt data, overseeing tax, customer invoices, payment terms, and dates, and allocates cash receipts to corresponding invoices.
Claims Automation Bot
Automates the extraction and transfer of data from claim documents for processing.
Customer Billing Bot
Generates and dispatches invoices to customers.
Deal Pricing/Margin Analysis Bot
Analyzes historical data to assist in margin analysis for specific products, advising sales and pricing teams on optimal pricing strategies.
Accounts Payable Invoice Processing Bot
Processes invoice data, ensuring accuracy in tax, purchase orders, goods received notes, and payment terms and dates, as well as executes invoice payments.
Accounts Receivable Bot
Manages cash receipt data, overseeing tax, customer invoices, payment terms, and dates, and allocates cash receipts to corresponding invoices.
Claims Automation Bot
Automates the extraction and transfer of data from claim documents for processing.
Customer Billing Bot
Generates and dispatches invoices to customers.
Customer Service
Order Track and Trace Bot
Provides real-time tracking of dispatched orders, updating customers through email and portal communications.
Safety Stock Monitor Bot
Keeps track of safety supply inventory and manages stock replenishment orders.
Order Track and Trace Bot
Provides real-time tracking of dispatched orders, updating customers through email and portal communications.
Safety Stock Monitor Bot
Keeps track of safety supply inventory and manages stock replenishment orders.
Marketing and Sales
Email Campaigns Bot
Executes promotional email campaigns targeted at customers.
Sales Reports Bot
Compiles reports from various data sources and distributes them via email, enhancing productivity and saving time.
Email Campaigns Bot
Executes promotional email campaigns targeted at customers.
Sales Reports Bot
Compiles reports from various data sources and distributes them via email, enhancing productivity and saving time.
Administration, Legal, and Support
Attendance Management Bot
Records employee check-in and check-out times.
Resource Utilization Bot
Analyzes resource utilization across different accounts.
Digital Mail Assistant Bot
Identifies recipient email addresses and forwards scanned copies of physical mails to their inboxes.
Exhibit Packaging Bot
Efficiently processes and packages legal exhibits, ensuring accuracy and speed.
Attendance Management Bot
Records employee check-in and check-out times.
Resource Utilization Bot
Analyzes resource utilization across different accounts.
Digital Mail Assistant Bot
Identifies recipient email addresses and forwards scanned copies of physical mails to their inboxes.
Exhibit Packaging Bot
Efficiently processes and packages legal exhibits, ensuring accuracy and speed.
Human Resources
Payroll Automation Bot
Handles payroll statement uploads to banking portals for salary disbursement and payroll processing.
Employee Onboarding Bot
Initiates the onboarding process by sending welcome emails and instructions to new employees.
Payroll Automation Bot
Handles payroll statement uploads to banking portals for salary disbursement and payroll processing.
Employee Onboarding Bot
Initiates the onboarding process by sending welcome emails and instructions to new employees.
Operations
Swivel Seat Automation Bot
Automates desktop activities such as swivel seats, database asset management, and ticketing tool administration.
Password Reset Bot
Facilitates direct password resets from the login screen or via web access.
Excel to App/Excel Reconciliation Bot
Maintains data consistency between applications and reports or between two different reports.
License Management Bot
Assigns licenses to end-users after verifying prerequisites like contracts or orders.
Auto Scripts Bot
A suite of scripts and bots that automate the resolution of common technical issues and requests through predefined processing steps.
Swivel Seat Automation Bot
Automates desktop activities such as swivel seats, database asset management, and ticketing tool administration.
Password Reset Bot
Facilitates direct password resets from the login screen or via web access.
Excel to App/Excel Reconciliation Bot
Maintains data consistency between applications and reports or between two different reports.
License Management Bot
Assigns licenses to end-users after verifying prerequisites like contracts or orders.
Auto Scripts Bot
A suite of scripts and bots that automate the resolution of common technical issues and requests through predefined processing steps.
Transform your business with our RPA expertise
Our RPA expertise across industries
Banking
RPA in Banking streamlines operations such as account management, loan processing, and fraud detection. This automation reduces processing times, enhances accuracy, and improves customer satisfaction.
Real Estate
RPA in Real Estate automates tasks like property listing management, client communication, and lease administration. This efficiency allows realtors to focus more on client relationships and strategic decision-making.
Healthcare & Hospitals
Our RPA Healthcare applications handle appointment scheduling, patient data management, and billing processes. This speeds up administrative tasks and ensures data accuracy, improving patient care.
HR
We implement RPA in recruitment processes, employee onboarding, and payroll management. This bot automation minimizes manual workload, allowing HR professionals to concentrate more on strategic initiatives and employee engagement.
Insurance
We apply RPA to claim processing, policy administration, and customer service. Automating these processes reduces turnaround times, lowers the risk of errors, and improves customer satisfaction.
Finance
From automating transaction processing to enhancing compliance reporting and facilitating real-time financial analysis, RPA drives efficiency and accuracy. It ensures financial data integrity and streamlines end-of-month closings, budgeting, and forecasting.
adopt Advanced AI Integrations
By incorporating Artificial Intelligence (AI) technologies, we elevate the capabilities of RPA, transforming routine data into valuable insights that drive business decisions.
Optical Character Recognition (OCR)
Natural Language Processing (NLP)
Convert images of text into machine-encoded text, making document processing faster and more reliable.
Understand, interpret, and manipulate human language, enabling your automation bots to deliver more personalized customer interactions and intelligent data analysis.
Machine Learning (ML)
Computer Vision (CV)
Empower your RPA bots to learn from data, improve over time, and make decisions with minimal human intervention, ensuring your processes become smarter and more efficient.
Give your bots the power to see and interpret visual information, automating tasks that require visual cognition, such as quality checks and inventory management.
RPA Implementation Roadmap
Analysis
We start by meticulously analyzing your business processes, crafting a long-term automation strategy, and selecting the most effective algorithms to handle exceptions and errors.
Technical Design
Next, we create a technical blueprint, modeling even the most exceptional cases. Our detailed technical documentation lays the foundation for a robust RPA system.
Implementation
Our experts then execute the technical blueprint, bringing the RPA solution to life within your system's architecture. Our approach ensures that each bot is correctly configured to perform its tasks, working in harmony with your existing technological environment.
Acceptance Testing
We rigorously test the RPA on your workflows, gather feedback, and refine the solution, ensuring it meets your business requirements and expectations.
Delivery
Upon approval, we deploy the RPA bots into your environment and provide extensive employee training for a seamless transition.
Support & Adjustment
Post-deployment, we continue to offer unparalleled hypercare support, monitor performance and efficiency, and manage updates and configurations.
Why choose DashDevs for RPA Services Implementation?
Mature, reliable, and secure processes
Over the past 15 years at DashDevs, we’ve honed our processes to withstand the test of time.
Seasoned experts with 20+ years of experience
Hire software developers outsourcing in Ukraine and optimize your business expenses through our top-tier IT services.
Multiple successful RPA implementation projects
Our track record speaks volumes. Your business could be next in line for such success, backed by our proven expertise.
Predictable costs
With DashDevs, you get transparency and predictability in your IT expenditure, allowing for better financial planning and allocation of resources.
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Faq
What are RPA services and how can they benefit my company?
RPA services involve the use of software robots, or ‘bots’, to automate repetitive and rule-based tasks that are typically performed by humans. These services can increase efficiency, reduce errors, and free up your staff to focus on more strategic work.Can robotic process automation services be customized for any industry?
Absolutely. Robotic Process Automation (RPA) services are highly adaptable and can be tailored to meet the unique requirements and challenges of various industries, including banking, healthcare, and real estate.How do RPA bots differ from other automation tools?
RPA bots are designed to mimic human actions and can interact with multiple applications at the interface level. Unlike other automation tools that may require extensive integration work, RPA bots can be deployed quickly to automate tasks without changing the underlying systems.What potential does RPA have in sectors like banking and healthcare?
RPA in banking transforms how financial data is processed and managed, enhancing accuracy and compliance. In healthcare, RPA can streamline patient data management, appointment scheduling, and billing, thereby improving patient care and operational efficiency.How does bot automation handle complex tasks?
Bot automation works by following pre-defined rules and patterns. For complex tasks, bots can be integrated with AI and machine learning algorithms, allowing them to handle a wider range of activities and make intelligent decisions based on data.What are the advantages of using robotic process automation in banking?
Robotic Process Automation in banking improves efficiency and reduces operational risks by automating tasks such as account opening, compliance checks, and fraud detection, which are critical in the financial sector.Is RPA software difficult to integrate with my current systems?
No, RPA software is designed for ease of integration. It can usually be implemented without disrupting your existing IT infrastructure, providing a smooth transition to automated processes.Can RPA be effectively utilized in industries like real estate?
Yes, RPA in real estate can significantly enhance productivity by automating tasks such as property listing updates, client communication, and document handling, allowing real estate professionals to focus more on client engagement and sales.What can I expect during the RPA implementation process with DashDevs?
At DashDevs, the RPA implementation process begins with a comprehensive evaluation of your current operations to identify processes that are prime candidates for automation. Our team works closely with you to understand your specific needs and develop a tailored strategy. You can expect a collaborative approach where we prioritize transparency and constant communication to ensure a seamless integration of RPA into your business systems.
