Robotics viability and applicability

Challenge

The engagement objectives included:

  • Increase members satisfaction by eliminating repetitive manual data entry tasks, & reducing processing delays.
  • Reduce unit and overall time & operations expenses.
  • Viability and applicability of Robotics.

Solution

Design bots to manage shortlist of 10 processes – ranging from issuance to surrenders – and build reusable components that could be extended to multiple systems for end-to-end efficiency.

Results

  • 70% faster turnaround time.
  • 67% operational efficiency increase.
  • Reducing cost by 64% decrease in number of FTEs.
  • 100% accuracy in transactions processed by bots.

Practice

Robotic Process Automation

Client

Life insurance and Retirement Company with over 11,000 employees. The Client has approximately 4,500 FTEs in its Operations department.

Technology

Automation Anywhere

Role

RPA Implementer