Finance Derivative Magazine Issue 4

Page 46

Business

Automating business processes is essential to digital transformation

I

nformation management, business processes and business systems need to come together and align to deliver efficiencies, improve customer experience and put content in context. At its heart lies the need to digitise document intensive processes, which in turn enhances customer experience and drives your competitive advantage. Furthermore, a digital workplace not only supports process owners, but it helps compliance teams, partners and users focus on core business tasks. Digital transformation is here to stay. According to a survey conducted by McKinsey, the pandemic prompted companies to accelerate their digital journeys, speeding the adoption of digital technologies that support customer, supply chain and internal operations by three to four years. For businesses to truly embrace digital transformation, they need to unify their back and front office operations. Customers want a seamless experience regardless of contact channel or person. No matter how they are interacting with the business – ordering goods, filing complaints, or requesting information – the customer wants a positive service experience.

46


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“Everyone can be a fintech”. Behind the Banking-as-a Service Boom.

4min
pages 82-84

CI Asset Management

1min
pages 78-79

Natural gas or green hydrogen heating? It’s not that simple

4min
pages 76-77

Bank guarantees: levelling up in the new digital age

5min
pages 72-75

Why the future city is AI

4min
pages 80-81

How European Merchants can take advantage of QR Code

4min
pages 66-67

How to grow wealth by using the stock market

7min
pages 68-71

The Fintech Revolution - How New Tech Can Transform

7min
pages 60-62

How virtual reality and digital twins are transforming

5min
pages 63-65

The importance of the CFO in investment and raising

4min
pages 58-59

The rising importance of software quality assurance in fintech

4min
pages 50-51

Automating business processes is essential to digital

4min
pages 46-47

Why should financial services choose cloud native?

4min
pages 48-49

Why technology is the key to improving agility for retail

5min
pages 42-45

The five tenets of an effective cybersecurity programme

4min
pages 36-39

Cash industry on road to sustainability

5min
pages 40-41

Network visibility: how banks can transform their IT

4min
pages 34-35

How to embed ESG into your M&A deal

4min
pages 32-33

How digital invoicing can help offer a better e-commerce experience

4min
pages 29-31

Transforming the reporting process for success

4min
pages 20-21

Digital Currencies: The next big financial experiment?

3min
pages 10-11

Business sustainability: is it too late for a business to

4min
pages 7-8

Interview with Dr. Herbert Wigwe,GMD/CEO, Access Bank Plc.

11min
pages 22-28

Unlocking the Power of Hyperautomation in Finance

5min
pages 16-19

Delivering an Effective Cybersecurity Strategy

6min
pages 14-15

Is cryptocurrency the new ‘digital gold?’

5min
pages 12-13

Sustainable investing. Can social aims and financial aims go hand in hand?

3min
page 9
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Finance Derivative Magazine Issue 4 by financederivative - Issuu