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Business process automation services in Finance

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Loan application processing

Automate the loan application process, reducing manual errors and processing times.

Account onboarding

Streamline the account onboarding process, providing a seamless customer experience and upselling processes.

Compliance management

Automate compliance management processes for your financial institution, ensuring adherence to regulations and reducing compliance-related risks.

Invoice processing

Automate the invoice processing flow, reducing errors, cost and processing times.

Claims processing

Automate insurance claims processing, improving scalability, analytics and customer experience.

Financial reporting

Automate financial reporting processes, improving accuracy and reducing the time needed.

Improved productivity

Automation streamlines the claims process, freeing up staff to focus on more strategic tasks and reducing overhead costs.

Enhanced customer experience

Faster processing times and reducing errors can boost customer satisfaction, leading to customer retention and competitive advantage.

Scalability

Automated systems can efficiently handle large volumes of claims, making it easier for companies to scale up (or down) their operations in response to demand.

Detailed analytics

Automation tools can come with analytics features, which can provide valuable insights into claim trends and usage. This actuarial data can be used for risk assessment, pricing and strategic planning.

Enhanced staff satisfaction

By eliminating mundane, repetitive tasks, staff can focus on more strategic, meaningful and satisfying work.

Increased competitive advantage

Financial companies who adopt automation technologies can position themselves ahead of competitors by leveraging data, speed, control, reduced costs, user satisfaction and process optimization.

Improve operational speed, quality, and customer experience, making company systems, processes, and businesses more adaptable to change.

Streamlined processes

Improve your organization's workflows, reducing the time and effort required for routine tasks.

Customer experience

Automating repetitive tasks and offer your clients faster response times, better accuracy, and higher quality service.

Cost savings

Reduce overhead costs by automating repetitive tasks, using less resources and time, and fine-tuning processes.

Data accuracy

Automate data collection, leading to better decision making and improved business outcomes.

Comprehensive solutions for automating business processes

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Process automation software from 10Clouds

We offer services encompassing consulting, execution, and advancement of bespoke business automation solutions tailored to suit every financial organization's requirements.

Our specialist team utilizes cloud technology, data analytics, and AI to enhance speed, quality, and customer engagement, thus making systems, procedures, and businesses in finance more resilient and flexible to change.

Bespoke automation services for your finance business

Automation consulting

Our business automation process consulting services prioritize problems with the most uncertainties for verification to ensure a smoother transition to standard development, as most challenges are already comprehended and tackled.

Business automation and AI

Our team of experts specializes in integrating AI solutions into financial products on technical, business, and user interface/experience levels. Our R&D process consistently yields tangible short-term prototypes, allowing clients to assess these prototypes and decide on the trajectory and scale of subsequent endeavors

See some examples of our work

Trust Stamp

TrustStamp, a leading provider of AI-powered identity solutions, partnered with 10Clouds to overcome development and staffing challenges and achieved remarkable success.

10Clouds helped developed TrustStamp's state of the art proof of liveliness solution for KYC and computer vision tools for document verification.

This collaboration led to full-scale implementation, adoption by strategic partners, and TrustStamp's debut on NASDAQ.

The partnership exemplifies the power of collaboration and innovation, solidifying TrustStamp's position as a trusted identity solution provider.

IDENTITY AUTHENTICATION

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FAQ

What is Business Process Automation

Business Process Automation (BPA) is the use of technology to automate repetitive, manual tasks involved in a business process, allowing for increased productivity, efficiency, and cost savings.

How can customizable business process automation software benefit financial services?

Customizable business process automation software can benefit financial services by streamlining processes, reducing errors, increasing efficiency, and improving compliance and security measures.

What does business automation process consulting for financial services entail?

It entails assessing the current business processes and identifying areas for improvement, designing a customized solution, implementing the solution, and providing ongoing support and maintenance.

Can business process automation be tailored to specific financial services needs?

Yes, business process automation can be tailored to specific financial services needs by customizing the software to meet the unique requirements and goals of the organization.

How does business process automation improve customer experience in financial services?

Business process automation improves customer experience in financial services by reducing wait times, streamlining processes, and providing faster and more accurate services, among other things.

Does 10Clouds offer end-to-end solutions for business process automation in financial services?

Yes, 10Clouds offers end-to-end solutions for business process automation in financial services, including consulting, development, implementation, and ongoing support and maintenance.