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Source: https://www.essindia.com/blog-details.php/rpa-solutions-for-financial-services
Robotic Process Automation (RPA) can eliminate the billing errors that delay payments and reduce days sales outstanding (DSO) by automating sales order entry, invoice processing, cash application, and many other repetitive processes in the financial sector. It results in accelerated transaction processing capacity and streamlined payments and reconciliations. The BFSI sector, comprising big industries-banking, finance, and insurance, is one of the most important industries in the world. In recent years, the industry has been transforming its processes by leveraging RPA Solutions For Financial Services while improving the speed, efficiency, and accuracy of specific tasks.
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