Automate your T24 Core Banking System using UiPath, Automation Anywhere or BluePrism
Core Banking System Themenos T24 Robotic Process Automation using UiPath or Automation Anywhere or Blueprism. Learn more about Skcript.
Themenos T24 is considered to be a leader in Core Banking Systems across many regions. Today, with the rise of enterprise RPA tools, it is possible to automate many repetitive tasks of humans using software robots.
Automating your T24 system can be one of the biggest investment for your organization today. As of today, Skcript has helped over 4 major banks across the globe automate their banking process using UiPath or Automation Anywhere for Themenos T24 Core Banking System.
Skcript’s RPA Consultants help you deeply analyze the actual processes that can be automated along with a ROI document that you can use to measure the impact of RPA solution for your company.
What is Robotic Process Automation (RPA)
In general automation is a process that uses machines to free humans from repetitive tasks.
Robotic Process Automation (RPA) is a software-based automation framework that can perform repetitive tasks that humans perform everyday. The software uses bots, which works with multiple applications to perform tasks faster, better and in a more efficient way.
To sum things up, here’s what a RPA software can do for you:
- Perform repetitive, structured transactions processes
- Scale up operations and processes rapidly in your company
- Perform calculations faster than humans
- Interact with and update multiple applications in a transactional manner to keep everything in sync
- Validate data in places that are complex for people to understand
- Cut down cost by letting machines handle repeatable processes 24x7
How can RPA help in automating your Themenos T24 tasks?
Forward-thinking businesses today are going with robotic process automation to improve business efficiency and to gain immediate ROI. By working with companies like Skcript, they’re implementing not just automation solutions, but cognitive automation solutions to their businesses with an unbelievable ROI.
RPA has the ability to transform your T24 tasks for the better. Here are some activities you can offload to RPA on T24 Core Banking System:
- Transaction details
- Transaction state
- Account statements processing
- Account reconciliation
- Account Reporting
- Audit and reports
- Beneficiary validation
Automating your Themenos T24 workflow could result in a huge productivity gain for your bank. Tools like UiPath, Automation Anywhere or Blueprism allows you to automate your T24 workflow, and Skcript can help you with that.
Where Skcript helps you is to build a complete end-to-end roadmap of this entire RPA implementation with detailed process workflows that will help your business run faster.
Why deploy robots when there are humans?
There are a lot of reasons why companies prefer bots to do the repetitive tasks than humans. For one, humans are species with intellect, which allows us to think through complex situations and act upon it. Robots does not carry emotions and are extremely faster and good at performing pre-defined set of tasks.
Here are a few more reasons why companies use RPA to help humans perform better:
- Robots operate 24x7
- Robots are super efficient in performing tasks
- The error rates are low when compared to humans
- Robots can use data directly from multiple applications and process data in parallel
- Accuracy is off the charts with RPA robots
- Consistency; you can expect a task to be complete at a consistent time and process without having any second thoughts;
- Reliability; no sick leaves, super high efficiency since bots work 24x7, every single day;
What is the Return on Investment / Business Value for RPA implementation
RPA is a proven technology. Just like how computers replaced calculators for better business efficiency, RPA is being used to build businesses that are faster and better than their competitors.
Here are some quick potential business value or Robotic Process Automation in Journal Entry segment:
- Over 50 percent annual operational productivity gains across the company;
- Implement end-to-end automation; from Record to Reporting (R2R);
- Boost in Productivity; RPA robots are meant to perform tasks faster than humans; this allows us to have 99.99% available throughout the year, and the bots work 24/7/365 with fewer errors and regulatory violations;
- Audit-able logs; bots provide us with detailed logs that helps us audit everything that is happening with the RPA process;
- Reliable and resilient process; RPA bots are configured to interact with systems that the users would have difficulty accessing in some cases;
Skcript bots that are ready-made to process Cirtix information from various sources, including tickets processing and image processing for documents processing. We have helped banks and other large institutions take advantage of Robotic Process Automation (RPA). Skcript creates customized bots for your business in under 100 days.
How can Skcript help you with RPA
Introducing RPA processes into your business could be a huge challenge. Working with an experienced company is essential to make sure the transition is smooth.
Skcript’s RPA Advisory Services can support you with the challenges, make the transition easy and deliver quality the Skcript way for your organization.
Our experienced RPA engineers and business professionals bring in a unique mix of expertise and an incredible depth of knowledge in RPA to help you implement a RPA process in your business.
Our job is not to make sure we implement RPA in your business, but also to make sure your people are ready before we go live in your organization.
What is the next step?
Our RPA analysts can help you run RPA workshops in your company to see how best we can implement RPA in your company; Reach out to us at email@example.com or fill out the form for us to contact us;
Our consultants are spread across the globe. We focus on regions like Singapore, Australia, Europe, Thailand, UAE and USA.