Everest Group

FEBRUARY 2, 2023

Blockchain also is being used through Decentralized Finance (DeFi) and Decentralized Apps (DApps). Blockchain allows banks to automate their back-office operations and reduce manual errors, which can result in significant savings for businesses. Legacy banks and nations are now following the wave. What is blockchain?

Banking 246

Banking Service Right-Sizing Automation 246

Automation Anywhere

FEBRUARY 16, 2021

While automation brings efficiency and cost savings across the entire organization, the shared services center (SSC) is in the best position to achieve the maximum benefits from automation. Automation by design Shared services and automation are two sides of the coin. What to automate? It is by design.

Shared Services 96

Shared Services Automation Service Outsourcing 96

Automation Anywhere

DECEMBER 3, 2020

Until recently, Robotic Process Automation (RPA) software bots have been employed in businesses primarily to streamline and accelerate tasks for back-office functions such as finance and accounting and human resources. But here are four examples for “human-in-the-loop” (humans and bots working together) automation.

Collaborations 97

Collaborations Automation Robotics Process Automation Finance 97

Planergy Software

JUNE 7, 2022

Robotic Process Automation in Finance. Business Process Automation (BPA) Business Process Management (BPM) Technology & Software. Like other areas of business, finance is filled with repetitive manual tasks that are ripe for automation using technology. Download Free Copy. Written by. Lyle Del Vecchio.

Robotics Process Automation 52

Robotics Process Automation Finance Automation Out-Tasking 52

Automation Anywhere

JANUARY 28, 2021

Intelligent automation (IA), combining Robotic Process Automation and artificial intelligence, has significantly impacted various industries. Two related industries that can benefit from intelligent automation are life sciences and healthcare. With intelligent automation, evidence-based care has never been easier.

Healthcare 98

Healthcare Automation Pharmaceuticals Robotics Process Automation 98

Automation Anywhere

AUGUST 10, 2021

It is increasingly clear that it takes a portfolio of technologies to succeed at intelligent automation. Only 6% of businesses are not considering using RPA for their intelligent automation strategies. What is intelligent automation ? That automation technology could be RPA. Reality is much different from this ideal.

Automation 98

Automation Robotics Process Automation Insurance Finance 98

Automation Anywhere

DECEMBER 7, 2020

For that reason and others, many companies are turning to intelligent automation that combines Robotic Process Automation (RPA), artificial intelligence (AI), and analytics to streamline and accelerate the process. These are the highest priority processes to automate. These are the highest priority processes to automate.

Automation 96

Automation Robotics Process Automation Out-Tasking Analytics 96

Everest Group

NOVEMBER 16, 2022

Adoption of task mining solutions can not only help enterprises achieve cost savings and operational efficiencies by optimizing and automating tasks, but also enhances employee experience through better resource allocation. This has led to task mining being one of the fastest-growing markets in the Intelligent Automation (IA) space.

Marketing 130

Marketing Automation Software Robotics Process Automation 130

IBM Services

SEPTEMBER 18, 2023

Today, we are seeing significant digital disruption in the business of trade and supply chain financing that is largely influenced by global events and geopolitics, changing regulations, compliance and control requirements, advancements in technology and innovation, and access to capital.

Finance 87

Finance Banking Regulations Advisory 87

Perficient Digital Transformation

DECEMBER 16, 2022

No single source of truth in data. These platforms pull in more than just raw budget data, but they also help create forecast and acquisition modeling and financial and operational analytics where data is coming from different sources, including ERPs and Data warehouses. Disparate tools ​, such as Excel and other reporting tools.

Finance 64

Finance Management Automation Advisory 64

Everest Group

NOVEMBER 30, 2023

Our research highlights the transformative power of technology in reducing carbon footprints, enhancing energy efficiency, and driving sustainable practices across sectors as diverse as oil & gas, banking & finance, and manufacturing.

Supply Chain Management 162

Supply Chain Management Finance Research Government 162

Everest Group

JANUARY 3, 2022

Core operations and corporate services CoE : This CoE focuses on developing expertise for multiple departments within the enterprise, including reporting, finance, marketing, customer onboarding, and core operations. The following five types of CoEs help enterprises to drive stronger business performance.

Robotics Process Automation 130

Robotics Process Automation Global Business Services Automation Finance 130

Automation Anywhere

OCTOBER 5, 2020

Finance was a very early adopter of Robotic Process Automation (RPA). Even today, it’s often finance leaders that first bring automation into the business. You could say finance leads by example. First, intelligent automation enhances the timeliness of financial information.

Finance 96

Finance Robotics Process Automation Data Entry Automation 96

IBM Services

DECEMBER 15, 2023

Open-source artificial intelligence (AI) refers to AI technologies where the source code is freely available for anyone to use, modify and distribute. Open-source AI projects and libraries, freely available on platforms like GitHub, fuel digital innovation in industries like healthcare, finance and education.

Sourcing 69

Sourcing Out-Tasking Research Collaborations 69

Everest Group

JANUARY 2, 2024

This shift is largely driven by the widespread adoption of advanced cognitive tools, such as AI and predictive analytics, enabling lenders to improve automated approval rates and gain deeper insights into customer behavior.

Service 147

Service Finance Banking Flexibility 147

Everest Group

JULY 17, 2023

Providers are differentiating themselves by offering as-a-service models and focusing on digital transformation solutions by leveraging analytics, automation, and AI, combined with industry expertise and an advisory-led approach.

Banking 130

Banking Service Advisory Finance 130

Everest Group

FEBRUARY 27, 2024

Don’t miss our LinkedIn Live, How Will Next-gen Technologies Be Financed in CXM Delivery? These tools enhance productivity, reduce response times, and enable agents to focus on more complex and value-added tasks. If you have questions or want to discuss digital CX strategies and solutions, contact Mohit Kumar at mohit.kumar@everestgrp.com.

Management 162

Management Out-Tasking Outsourcing Efficiency 162

IBM Services

APRIL 20, 2023

All are transforming their procurement operations by leveraging state-of-the-art process mining and intelligent automation technology. Shared Service Operations like Finance, Supply Chain, Procurement, HR, and Enterprise IT are the relevant horizontal domains to engage. dollars annually in direct or indirect procurement.

Automation 69

Automation Co-Sourcing Finance Right-Sizing 69

Planergy Software

APRIL 19, 2022

Why Finance Leaders Should Care About Procurement and Finance Alignment. Why Finance Leaders Need to Care About Procurement In most companies, finance and procurement have operated separately, with the two departments working in tandem only when necessary. Operations or Finance? Download Free Copy. Written by.

Finance 52

Finance Accounting Out-Tasking Manufacturing 52

Planergy Software

MARCH 24, 2025

Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Accounts Payable (AP) automation is one of the best ways to do this. What's PLANERGY?

Finance 52

Finance Shared Services Collaborations Automation 52

Automation Anywhere

JUNE 23, 2022

And now, we’re going to add two more to the list to help relieve all the complexity: Robotic Process Automation (RPA) and artificial intelligence (AI)—or, when combined, become one: intelligent automation. Why automation is needed The number and force of cyberattacks long ago overwhelmed the ability of a human solution.

Cybersecurity 72

Cybersecurity Automation Robotics Process Automation Banking 72

Automation Anywhere

OCTOBER 14, 2021

Chatbots, and intelligent automation software bots in general, are helping financial institutions improve their customer service. Customers have also been making use of intelligent automation, particularly chatbots, during the pandemic. Some will be transitory such as 100% remote work and a 0% fed funds rate. million customers and 105.6

Service 98

Service Banking Robotics Process Automation Finance 98

Planergy Software

MARCH 24, 2025

Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. The software helps with: Financial Management The software uses detailed tracking and automated processes to ensure that every dollar received and spent is accounted for accurately. What's PLANERGY? Real-time budgeting tools.

Accounting 52

Accounting Software Payroll Administrative 52

Premier BPO

MARCH 29, 2023

Our COO calls this “co-sourcing”. With the labor market tightening, we saw growth in several functions this past year including accounting, finance, digital marketing, and HR (recruiting specifically). Our clients look to us for strategic insights and collaborate together to enhance their business.

Co-Sourcing 130

Co-Sourcing Supply Chain Management BPO Outsourcing 130

Airswift

NOVEMBER 25, 2021

Source: iStock/fotografixx. Management in business sectors such as manufacturing, transport, finance, and medicine are investing in order to develop a competitive edge. The use cases range from automating their activities, forecasting demand and enhancing the decision-making process.

Manufacturing 98

Manufacturing Finance Sourcing Automation 98

Capgemini

JANUARY 20, 2022

I’d like to talk about the AI-enabled solutions that make up our Frictionless Finance offer. This transforms our clients’ finance functions to drive frictionless enterprise-level outcomes, enhanced efficiency, and topline growth to the business. On top of this, finance is coming under increasing pressure from tax authorities.

Finance 52

Finance Reduced Costs Accounting Analytics 52

Neeyamo

AUGUST 5, 2021

Payroll departments operate at the intersection of Finance and HR functions. While in some organizations, payroll aligns closely with HR, in others, they report directly to their heads of finance. Having a fully automated unified solution will help payroll teams refrain from initiating multi-channel payments for each country.

Payroll 107

Payroll Management Finance Automation 107

Mattsen Kumar

AUGUST 27, 2024

In the ever-evolving landscape of business finance, efficient account receivables management (ARM) remains crucial for maintaining healthy cash flow and ensuring the financial stability of an organization. Embracing Automation and AI Automation and AI are revolutionizing the field of account receivable management services.

Finance 52

Finance Accounting Management Analytics 52

Paysquare

NOVEMBER 21, 2024

When it comes to finances and its distribution, accounting departments face pressure to both deliver the correct and timely financial information efficiently. A Deloitte Report on Financial Automation reveals that businesses waste 30% of their time in manual financial processes. What is Automated Accounting?

Accounting 52

Accounting Automation Finance Data Entry 52

Planergy Software

JANUARY 19, 2022

Reinforcement Learning in Finance. Reinforcement Learning in Finance Before we can adequately explore the applications of reinforcement learning in finance, we must first define reinforcement learning and how it relates to computer science. That’s why deep learning is particularly useful in forecasting in finance.

Finance 52

Finance Right-Sizing Out-Tasking Software 52

Perficient Digital Transformation

MARCH 6, 2024

One of the areas where AI can have a significant impact is financial planning and analysis (FP&A), a core function of the finance department that involves forecasting, budgeting, reporting, and decision support. One of the key challenges that finance leaders face when adopting AI is the lack of technical skills and knowledge.

Finance 52

Finance Retail Sourcing Sales 52

Everest Group

MARCH 1, 2023

Instead, it can assist them by streamlining the process and making it cost-effective and efficient by automating routine tasks, improving the candidate experience, and enhancing the recruitment process. While ChatGPT has the potential to impact talent management, it is still not a replacement for human recruiters.

Marketing 130

Marketing Co-Sourcing Content Writing Finance 130

IBM Services

MAY 9, 2023

But we’ve faced a paradoxical challenge: automation is labor intensive. As a result, businesses have focused mainly on automating tasks with abundant data and high business value, leaving everything else on the table. ” These large models have lowered the cost and labor involved in automation.

Out-Tasking 132

Out-Tasking Research Sourcing Automation 132

Everest Group

FEBRUARY 21, 2022

For example, a leading US bank GBS hosts a Finance and Accounts (F&A) Data Management team that supports finance business users’ data needs. This team is involved in various activities across data management, data sourcing and provisioning, data governance, data lineage, production data validation, and metadata management.

Banking 130

Banking Analytics Finance Engineering 130

inDinero

SEPTEMBER 13, 2024

When you’re finished, you’ll understand what internal and external stakeholders care about and have a foundation in the language of finance you can use going forward. Accounting vs Bookkeeping Internal vs External Stakeholders in Nonprofit Finance What is GAAP? Accountants manage finances on a long-term basis. What is GAAP?

Finance 52

Finance Accounting Banking Outsourcing 52

Capgemini

NOVEMBER 4, 2024

Funding in the fast lane: How Gen AI accelerates automotive finance Matt Desmond Nov 4, 2024 Facebook Linkedin Seven ways the latest solutions in AI and machine learning revolutionize how auto dealers approach financing options A customer walks into your car dealership. Now it’s time to discuss financing options. Not anymore.

Finance 52

Finance Insurance Manufacturing Banking 52

Immedus

NOVEMBER 4, 2021

In this first one, we can see all the many business functions that typically feed into payroll: the HCM, time management system, benefits, and finance system. Outcome: data automation objectives are delayed. Outcome: data automation objectives from the source system to payroll partner are delayed. What does this mean?

Payroll 98

Payroll Finance Automation Analytics 98