15%

Telecom / IT

Robotic Process 25%

Others

Automation in
Financial Services 40%
20%

BFSI
Robotic Process Automation (RPA) has
garnered immense popularity in financial
services firms. It has become the early Manufacturing
champion of the digital labor technology.

Evolution of Digitization
Most of the
companies are here

ERP eCommerce Self-Service RPA AI

10-20 %

Touchless Transactions
30-50 %

70-80 %
Many companies are actively considering
RPA and AI as the next step in technology.
80-90 %

90 %

Top Reasons to Deploy RPA

Radical reduction in cost

50000

45000

40000
Cost in USD

35000

30000

25000

20000

15000

0
Robot Off-shore On-shore
Employee Employee

Cost of Robots vs Human Employees

37%
improvement in insurers’
21%
of companies will realize savings on
earnings through automation. administrative compliance costs.

Source: Insurance Times, Intelligent Insurer and Global Data Maker

Industry Experts Opinion

RPA is a promising new development in business

automation that offers a potential ROI of 30% – 200% in
the first year.

Leslie Willcocks
Professor, London School of Economics

Digital labor is giving financial institutions a

once-in-a-generation opportunity to push a next
generation discipline around business process
efficiency.

Kevin Kroen
Partner Financial Services Advisory, PWC

Business Benefits
Boosts productivity with minimal process change.

Brings an easy to calculate ROI.

Fresh alternative to the big spend of typical business

process management programs (BPM).

Use Cases - Banking

Operational Accounting

General Accounting

Processing, Reconciliations,
Intercompany transactions

Financial and
External Reporting

Planning, Budgeting
and forecasting

Treasury Process

Use Cases - Insurance

Lead Generation Operations

Lead Reporting Digitization of paper mail

KYC Customer Billing

Loan / Policy Fraud Detection

Eligibility Check
Reporting
Account Opening
F&A : Travel & Expenses
Procurement Generate PRs, Processing, Accounts Payable
POs, Invoices, Vendor masster data
Policy Servicing

Mortgage Servicing

Claims Servicing

Represents top area to implement RPA

RapidValue is a leading provider of end-to-end mobility, omni-channel, IoT, RPA and cloud solutions to enter-
prise worldwide. Armed with a large team of experts in consulting, UX design, application development,
testing along with experience delivering global projects, we offer a range of services across various industry
verticals. RapidValue delivers its services to the world’s top brands and Fortune 1000 companies and has of-
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