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KPIs Can Be More Efficient in Financial Institutions

Question: 
What is the major factor impacting banks' KPIs?
Answer: 

Growing electronic payments and identity theft are impacting banks' efficiency KPIs, driving the need for automation in the back office as manual processes and missed deadlines due to delays in processing customer requests are resulting in regulatory deficiencies driving down banks' efficiency KPIs. Automating back office manual processes results in a huge time savings as well as compliant processing, allowing bank officers to focus on more profit-generating tasks.

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Digital Transformation for the Back Office

Vendor: 
FINBOA

FINBOA's end-to-end process automation eliminates the need to use paper forms and multiple systems that require manual rekeying of data to stay compliant. Manual processes increase the likelihood of regulatory deficiencies, customer frustration, and require time consuming and expensive oversight. The results are delivered via a Cloud offering that reduces time to value to 2 - 4 weeks and TCO by 40%. Time saved allows financial institutions to focus on revenue generation activities. Contact us at 281-503-1233 or marketing@finboa.com. For more information: https://www.finboa.com.

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First published on 11/03/2019

Filed under: 
Compliance
Filed under compliance as: 
Compliance/Compliance Management

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