Amazines Free Article Archive - Thursday, May 23, 2019
Read about the most recent changes and happenings at
Log into your account or register as a new author. Start submitting your articles right now!
Search our database for articles.
Subscribe to receive articles emailed straight to your email account. You may choose multiple categories.
View our newest articles submitted by our authors.
View our most top rated articles rated by our visitors.
* Please note that this is NOT the ARTICLE manager
Add a new EZINE, or manage your EZINE submission.
Add fresh, free web content to your site such as newest articles, web tools, and quotes with a single piece of code!
Home What's New? Submit/Manage Articles Latest Posts Top Rated Article Search
Subscriptions Manage Ezines
 Article Archive
 Advertising (133295)
 Advice (160816)
 Affiliate Programs (34734)
 Art and Culture (73674)
 Automotive (145642)
 Blogs (75018)
 Boating (9841)
 Books (17130)
 Buddhism (4124)
 Business (1328283)
 Business News (426309)
 Business Opportunities (366257)
 Camping (10952)
 Career (72762)
 Christianity (15839)
 Collecting (11636)
 Communication (115054)
 Computers (241947)
 Construction (38992)
 Consumer (49679)
 Cooking (17061)
 Copywriting (6567)
 Crafts (18204)
 Cuisine (7538)
 Current Affairs (20380)
 Dating (45774)
 EBooks (19685)
 E-Commerce (48193)
 Education (185180)
 Electronics (83491)
 Email (6389)
 Entertainment (159819)
 Environment (28933)
 Ezine (3038)
 Ezine Publishing (5443)
 Ezine Sites (1553)
 Family & Parenting (110897)
 Fashion & Cosmetics (196383)
 Female Entrepreneurs (11842)
 Feng Shui (130)
 Finance & Investment (310257)
 Fitness (105903)
 Food & Beverages (62849)
 Free Web Resources (7938)
 Gambling (30213)
 Gardening (25079)
 Government (10513)
 Health (629244)
 Hinduism (2206)
 Hobbies (44032)
 Home Business (91544)
 Home Improvement (251321)
 Home Repair (46116)
 Humor (4815)
 Import - Export (5449)
 Insurance (45118)
 Interior Design (29544)
 International Property (3485)
 Internet (190967)
 Internet Marketing (146303)
 Investment (22824)
 Islam (1168)
 Judaism (1357)
 Law (80457)
 Link Popularity (4592)
 Manufacturing (20838)
 Marketing (98757)
 MLM (14136)
 Motivation (18211)
 Music (26998)
 New to the Internet (9476)
 Non-Profit Organizations (4048)
 Online Shopping (129608)
 Organizing (7802)
 Party Ideas (11856)
 Pets (38081)
 Poetry (2234)
 Press Release (12670)
 Public Speaking (5620)
 Publishing (7522)
 Quotes (2407)
 Real Estate (126610)
 Recreation & Leisure (95247)
 Relationships (87449)
 Research (16157)
 Sales (80313)
 Science & Technology (110157)
 Search Engines (23445)
 Self Improvement (153090)
 Seniors (6228)
 Sexuality (35942)
 Small Business (49281)
 Software (82955)
 Spiritual (23461)
 Sports (116071)
 Tax (7658)
 Telecommuting (34064)
 Travel & Tourism (307161)
 UK Property Investment (3118)
 Video Games (13422)
 Web Traffic (11724)
 Website Design (56803)
 Website Promotion (36556)
 World News (1000+)
 Writing (35761)
Author Spotlight

Former English Teacher; Musician (20+ years); Freelance Writer ...more

Amit Tiwari is a Digital marketing expert with over 4 years of experience and a wide variety of know...more

I am an essay writer with vast experience in data analysis, PowerPoint writing and research paper ed...more

Mobile Styles, the leading on-demand Beauty & Health app in the U.S. delivers talented professionals...more

Barry K. Brown has been in the Sign, Banner, Decal and Display Business for over 20 years. It isn't ...more

The Ever Increasing Benefits Of Banking Robotic Software by Vikram kumar

Article Author Biography
The Ever Increasing Benefits Of Banking Robotic Software by
Article Posted: 11/28/2015
Article Views: 163
Articles Written: 10775
Word Count: 656
Article Votes: 0
AddThis Social Bookmark Button

The Ever Increasing Benefits Of Banking Robotic Software

With the introduction of the new range of companies such as Apple and Google, among many others, which provide financial services akin to some of the most profitable products and services being offered by Banks, the latter are now facing new, disruptive challenges to their existing business models and current range of products and services.

Although the banks are responding by amending their current business models and offering services similar to these new-range companied, they continue to face huge challenges in terms of adapting their existing technologies, legacy systems and business architectures. These are the areas where Banking Robotic Software is helping make rapid changes happen.

While the conventional response to new competitors would be to replace existing IT systems with the most up-to-date technologies available, it would be a very disadvantageous move, given that the replacement of the core systems would take at least years, along with large amounts of capital and great operational risk. In light of this, banks are now taking up the option of augmenting the current systems with the application of Banking Robotic Software - an approach which allows new and improved products and services to be offered through new customer interfaces, where Robots would process the various transactions through the user interface of current legacy applications.

While a manual approach would indeed be less feasible, it is practical because of the fact it is done with Robots, not humans. The benefits with using robots are many: not only can they work every hour of every day without any kind of break whatsoever, being able to work on virtual computers means they do not require any infrastructure, coaching, ongoing training and are insusceptible to attendance and management overheads which are otherwise key factors when dealing with human workers.

Additionally, Banking Robotic Software can be deployed faster than IT projects; not only can robots be easily trained on lines similar to that of training a staff person, training a single robot stands as equivalent to training all robots since they receive the same training.

Banks also apply Banking Robotic Software to other departments in order to improve upon customer service and reduce costs significantly. At an equivalent expense of less than $7.5K annually, Robots enable large companies to repatriate work from business process outsourcers, which results in considerable savings in cost and much better customer service.

Insurance Robotic Software:

Insurance Robotic Software helps in greatly reducing cost, mitigating risks and improving upon customer service. While ever-evolving Insurance policies are increasingly accommodating new technologies and situations, the need to support legacy policies remains. Previously, companies relied to manpower to retain experience and know-how of the support legacy policies; however, employment markets today see a higher turn-over of staff along with the risks involved with losing staff well-versed with administering legacy policies.

In this regard, Robots can be highly effective since they can be trained in complex business logic and can subsequently perform claims across an entire range of policies with high speed and precision, and the guarantee of 100% accuracy, and also eliminate the risk of staff turnover completely. Conclusion:

The option to use an insurance Robotic software means better service delivery by increasing production as well as accuracy, cutting down the cycle times and even lowering the need for every day training. Unlike workers, robots can be set to work all hours of a day, and all days of the week. Typically, a single robot can easily do the work of three to five people every day.

Robotics is one of the best options available today, since they outperform human, and can work 24/7 with 100% accuracy and a much lower cost than humans. As a company, if your requirement is to boost your Insurance business performance, Insurance Robotic Software is a great option. Meanwhile, if you aim to boost back office processing functions within your Banking operations, Banking Robotic Software would be a well suited option.

Related Articles - Insurance Robotic Software, Banking Robotic Software,

Email this Article to a Friend!

Receive Articles like this one direct to your email box!
Subscribe for free today!

 Rate This Article  
Completely useless, should be removed from directory.
Minimal useful information.
Decent and informative.
Great article, very informative and helpful.
A 'Must Read'.


Do you Agree or Disagree? Have a Comment? POST IT!

 Reader Opinions 
Submit your comments and they will be posted here.
Make this comment or to the Author only:
*Your email will NOT be posted. This is for administrative purposes only.
Comments: *Your Comments WILL be posted to the AUTHOR ONLY if you select PRIVATE and to this PUBLIC PAGE if you select PUBLIC, so write accordingly.
Please enter the code in the image:

 Author Login 
Register for Author Account


Advertiser Login


   Limited Time $60 Offer!
   90  Days-1.5 Million Views  


Great Paranormal Romance

World News


Stevert Mckenzie, Travel Enthusiast. ...more

Steve Bye is currently a fiction writer, who published his first novel, ‘Looking Forward Through The...more

Author of four books and two screenplays; frequent magazine contributor. I have four other books "in...more

Susan Friesen, founder of the award-winning web development and digital marketing firm eVision Media...more

Paul Azorin Chief Technology Officer at BairesDev Pablo Azorín is the Founder and Chief Techno...more

James is a Research Enthusiast that focuses on the understanding of how things work and can be impro...more

Warm greetings to you!! Hello there, my name is Treena (Smiley) Murphy I am a part time blogge...more

At LeadGenerators, we specialise in content-led Online Marketing Strategies for our clients in the t...more

About Us Luminhome Lighting provide one-stop services in lighting design and manufacture of LED lum...more

Kiranpreet (Kiran) Kaur, D.D.S., who received her Doctor of Dental Surgery degree from the prestigio...more

HomeLinksAbout UsContact UsTerms of UsePrivacy PolicyFAQResources
Copyright © 2019, All rights reserved.
Some pages may contain portions of text relating to certain topics obtained from under the GNU FDL license