Robotic Process Automation: Unlock the Potential of your Workforce

Financial Futures

Regional banks find themselves in a unique space within the financial services industry - not as localized as a community bank, but not as ubiquitous as the nationals. Operating in this sector presents these institutions with a host of challenges faced by both larger and smaller institutions alike, but it also opens them up to a myriad of opportunities. And that's exactly what we'll be looking at in this season of Financial Futures.

Simply the mention of automation is enough to strike fear into the heart of a workforce. But while sci-fi movies would have us believe that the machines are here to replace us, in reality, they're actually here to help - taking on the mundane and repetitive tasks so that people can focus on the more meaningful and important work that only they can do.

Robotic Process Automation (RPA) is a powerful tool, bringing efficiencies to regional banks throughout the US. And the benefits this technology brings go far beyond simply eliminating the menial day-to-day processes.

In this season premiere, we speak with Carl Bahneman, Business Unit Manager at FIS, all about robotic process automation and the value it offers to regional banks. We discuss what kind of tasks can be automated to improve efficiencies, and Carl explains how just thinking about incorporating bots can reveal new opportunities for time-saving.

We’ll also ask:

• Why is it important to write out your organization's processes?
• What are the differences between buying and building bots?
• Why are regional banks looking to RPA?
• What kind of bots are available to regional banks?
• How can financial institutions prepare to integrate RPA into their businesses?