Optimizing finance processes using AI and RPA
Precisely in the current crisis, it is very clear to see: Digitalized processes help companies enormously to remain capable of acting, to continue working effectively and efficiently, as well as to reduce costs. For this purpose, the potential in some specialist areas is particularly high, because, on the one hand, there are several useful levers, whereas, on the other hand, low-performance or obsolete technologies are frequently in use. This is the case, for example, in financial services: Manual processes result in high administrative costs. Planning and reporting are often imprecise and thus provide an inadequate basis for decision-making. Furthermore, there is plenty of unused data of which the analysis would open up attractive new opportunities.
The introduction of new technologies should therefore be right at the top of the agenda for financial services. By means of RPA technologies, for example, routine tasks can be automated. With AI technologies, various future scenarios can be simulated and new business models established. The precondition here, as for any other technology: On the basis of their overall strategy, companies formulate an appropriate strategy for financial services and derive from this a sound procedure for the implementation and scaling of the concepts, solutions and use cases. This can succeed with our "end-2-end scenario" approach, with which we cover all the steps from the strategy via the organization and processes to the technology.
In our MHPDeepDive "New technologies in finance function", you will find out more about the MHP holistic approach. In addition, you will obtain an overview of digital innovations and the resulting benefits for financial services. Using concrete examples from practice, we will illustrate what is all possible.
What awaits you in our MHPDeepDive:
- You will obtain an overview of new technologies for the area of financial services.
- Using customer examples, we will show you what added value is created by the use of new technologies.
- You will find out why a holistic approach is important and how you can implement it successfully.
Beginn: 13:30 (CEST)
Ende: 14:00 (CEST)