Discover More Possibility: What’s New For You

ISO 27001 defines the framework for an Information Security Management System for businesses of any size, structure, or orientation. The title of the ISO/IEC 27001:2022 Standard has been changed from “Information Technology – Security Techniques” to “Information Security, Cybersecurity, and Privacy Protection” in order to cover a broader range of security controls.

The execution of enterprise processes involves multiple users, decision-makers, and other stakeholders. It receives and transfers a voluminous amount of data and documents and interacts with many internal and external business applications and services. It involves complex business rules and is supposed to adhere to different types of compliances – internal/ external.

Business workflow is a pre-defined flow of steps (such as pre-screening, documentation, risk assessment, approval, disbursement, etc.) to be carried out to complete a process (such as a lending process). Normally, such steps are carried out by different business users with a different sets of rights with the help of different hardware, software applications, and other third-party services.

RPA is described as the use of software technologies to make it simple to create and maintain software robots. This technique is built on software and algorithms with the goal of automating repetitive tasks. Software robots comprehend what is displayed on the screen, make the appropriate keystrokes, recognize, and navigate systems, and carry out a variety of predefined operations.

Business Process Automation (BPA) software help organizations automate planning operations, sales tasks, customer relationship management, and recurring business transactions. Business processes can include multiple activities including customer purchase order management, invoicing, loan application approval workflow management, financial services, and many more processes.

Business process management (BPM) involves modeling, analyzing, and streamlining end- to-end business processes to assist in meeting your strategic business objectives, such as enhancing your customer experience journey and enabling the digital transformation of the organization.

Digital transformation is a term coined by Gartner, a technology research firm, to describe how digital technologies are changing business models,

Processes and ways of working. It’s not just about adopting new technologies, it’s about rethinking the way we work.

Are you looking to drive business growth?  If yes, consider Low Code Automation Platform offering the following benefits:

• Reduction of Turn Around Time (TAT) for end-to-end processing
• Increase in Resource Productivity
• Seamless Mobility Solution
• Faster Return on Investment (ROI)

In the world of Process Automation, both – ‘Point Solutions’ and ‘Build from Scratch’ have their own merits and demerits. Until now, either – ‘Point Solutions’ or ‘Build from Scratch’ has never been ‘fit for all needs’ of enterprises.

Small and mid-sized Banks and NBFCs have been badly hit by the Coronavirus pandemic. Despite the several measures taken by the banking regulators, financiers, and other government agencies their plight is still continued. The new normal has

Amid COVID-19 global pandemic, a Loan EMI Moratorium proposed by RBI for banks was much needed boost for millions of borrowers as they fear loss of income. But, for banks it’s quite challenging to digitally implement it