RPA Implementation in Banking - Strategies and Best Practices

Abstract

Digitization is the need of the hour for every industry and Robotic Process Automation (RPA) has become a leading technology in this respect. The banking and finance sector has been rapidly deploying RPA to ensure timely digital transition. The focus in on cutting down the time spent on repetitive mundane tasks and instead utilize human resources for better productive tasks. This article delves into the RPA best practices that will ensure swifter and fruitful implementation of RPA in banking and facilitate smoother digital transformation. This research tries to identify the best practices pertaining to successful implementation of RPA in the finance and banking sector.