Maximizing Return on Financial and TE Activities
Retail banking organizations must not only deal with a rapidly changing regulatory environment, but the evolving demands of the consumers they serve. Optimizing back office efficiency will help better prepare for and react to shifting compliance and customer requirements, but that is all but impossible to achieve using paper-based methods.
Because retail banking is a commoditized industry, banks must differentiate themselves beyond just their offerings and deliver an improved customer experience. In addition to customer-eccentric processes, there are regulatory requirements, including those of Sarbanes Oxley and other financial regulatory bodies, which must be continually managed to ensure compliance. Corporate and regionally managed offices need to be able to quickly communicate and share data in real-time to satisfy the demands of the financial sides of the business.
How Can ActiveOps Help?
- Deliver-ability of financial and TE business process automation applications with speed and ease
- Enable tools to automate content capture and management workflows of data
- Save immense administration time
- Reduce processing cycle times
- Improved visibility into financial operations
Ensure Complete Accountability
Miria’s automation solutions provide built-in rules-based workflows based on retail banking industry best practices for coordination between corporate and local management teams. Financial business processes are automatically tracked, to instantly generate a complete audit trail of each touch point an invoice, expense report, or other finance-related document goes through.
With this level of insight and control, retail banks can ensure they are continually adhering to financial related regulations.
Learn how Miria deploys ActiveOps into centrally managed, geographically distributed retail banking environments to generate business value in as little as 12 weeks.