Servosys PowerPoint PPT Presentations

While the debate is still continued and the problem is still persistent as the fact remains that organizations cannot do away with either of them unless there is a new solution. This means, the desirable solution basically requires characteristics such as faster implementations, higher flexibility, low code, higher stability, and so on. And comfortably, with Servosys’s Business Process Management Suite (BPMS) – enterprises are able to get rid of this debate i,e. they have the best of these two.

While the debate is still continued and the problem is still persistent as the fact remains that organizations cannot do away with either of them unless there is a new solution. This means, the desirable solution basically requires characteristics such as faster implementations, higher flexibility, low code, higher stability, and so on. And comfortably, with Servosys’s Business Process Management Suite (BPMS) – enterprises are able to get rid of this debate i,e. they have the best of these two.

Servosys Solutions was called upon by a leading Asian bank to deploy a solution and transform their retail loan disbursement system to improve on customer satisfaction index. The bank has more than 4000 branches of which about 100 branches are for retail assets. The lender was grappling with issues such as managing high volume of loan applications, accommodating changes pertaining to regulatory norms and other business dynamics in their process workflow. In the absence of an Omni-channel to enable the processes from lead generation to customer onboarding, loan request processing, underwriting to post disbursement processes, the bank was not able to streamline their operation.

The bank has more than 4000 branches of which about 100 branches are for retail assets. The lender was grappling with issues such as managing high volume of loan applications, accommodating changes pertaining to regulatory norms and other business dynamics in their process workflow. In the absence

The bank has more than 4000 branches of which about 100 branches are for retail assets. The lender was grappling with issues such as managing high volume of loan applications, accommodating changes pertaining to regulatory norms and other business dynamics in their process workflow. In the absence of an Omni-channel to enable the processes from lead generation to customer onboarding, loan request processing, underwriting to post disbursement processes, the bank was not able to streamline their operation.

An enormous business association may have 50, 100 or 200 distinctive programming applications created throughout some undefined time frame to take into account various prerequisites. A portion of these could be in-house and others coming from outer merchants or sources. RPA gives a handy solution that mechanizes assignments, for example, removing data from sites and applications paying little heed to their starting point which upgrades client experience and gives resistance against standard compensation expansion.

The BPM Suite (Business Process Management Software) is a lot of development instruments that enables complete beginning to end robotization, streamlines measures, and allows industrious upgrades to affect changes. The suite can use various progressions like RPA, AI, Mobile Imaging, DMS, Web Scanning, etc provoking the limit that licenses quick changes in an operational time without adjusting the code.

Modern BPM Suite (Business Process Management Software), with a collection of tools and API framework, provides a canvas for integration capabilities that helps leverage the capabilities of existing systems. You can rapidly construct new business process applications or fill in white spaces in your organization using the tools of the BPM Suite that allow continuous verification and validation at all stages of development. Often systems like CBS (Core Banking System), CIS (Core Insurance System), ERP (Enterprise Resource Planning), etc. are integrated with BPMS based solutions.

This means, the desirable solution basically requires characteristics such as faster implementations, higher flexibility, low code, higher stability, and so on. And comfortably, with Servosys’s Business Process Management Suite (BPMS) – enterprises are able to get rid of this debate i,e. they have the best of these two.

Now, the old debate of ‘Build vs. Buy’ has lost its relevance for many organizations as the low code automation solutions from Servosys has delivered the best of both through an extremely different approach. It automates the document-based workflow using the low code digital automation platform within a few weeks with a lot of flexibility and in a cost-effective manner.