Process intelligence is the automatic, continuous acquisition of process data, at scale, across every application used by your firm. The goal is to provide fast, clear, and accurate visibility into the current state of your firm’s processes. Think of it as a decoder ring for your process.
Streamline and elevate the entire client life-cycle management processes.
Gain insights on how risks are identified, captured, aggregated, and reported.
Ensure adherence to policies and procedures, strengthen controls over processes, such as BSA AML / KYC, and make timely submissions of regulatory reports.
Record to report are table stakes, how is Finance impacting key business strategy and decisions.
Almost all FSIs (97%) are currently pursuing significant transformation projects, according to BDO. But, most are destined to fail because they don’t understand in detail how their firm works. Harvard Business Review reports that, of the $1.3 trillion spent on digital transformation in 2018, an estimated $900 billion was wasted because initiatives failed to achieve expected goals.