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    Insurance Technology | 1 min read

    Increasing Efficiency with RPA

    Robotic process automation, or RPA, is technology that utilizes computer software programs, or “bots” to perform actions that a human would traditionally do, then reproduces and integrates those actions within digital systems to execute a specific business task.

    RPA bots are able to capture data and perform certain actions based on that data incredibly effectively and efficiently. They can interpret information, integrate with or “talk to” other systems, and respond to complex commands that allow them to perform essential duties that are often time consuming and monotonous for humans.

    You can think of a software robot as a person on your team—a person who never makes mistakes! Take a repetitive, rules-based task, map out the business process needed to accomplish that task, and assign the “bot” to manage it for you. Check out our infographic below to learn more about how RPA technology can increase business efficiency.

    Increasing Efficency Through RPA Infographic

    Your auto loan portfolio can be your biggest liability. With a loan portfolio of any size, verifying and tracking insurance can be burdensome. That’s where collateral protection insurance (CPI) can help reduce your financial institution’s portfolio risk. Click here to schedule a free consultation.

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    Insurance Technology

    David Walts

    David Walts leads SWBC Financial Institutions Group as EVP of Technology and Delivery. With almost 30 years of combined experience in the mortgage banking and insurance industries, David’s career focus has centered around execution and delivery of automated solutions, leveraged outsourcing, and optimization of processing infrastructures. David holds a BS from State University of Oswego, NY in Business Administration and an MBA from the University of Maine, Orono.

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