Claims processing in the insurance sector faces a myriad of challenges. Perennial Issues like inefficiencies, manual errors and stringent regulatory complexities keep this sector on edge. Apart from that, meeting the growing customer demand for speed, accuracy, and transparency in claims management requires the need for digitalization urgently. For an insurer that has been operating […]
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The Banking, Financial Services, and Insurance (BFSI) sector has a legacy that spans over a century, making it one of the most enduring and trusted pillars of the global economy. With deep roots in managing customer relationships and financial stability, the sector has built its reputation on reliability and trust. Today, due to rapid digitization […]
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When a venture starts growing, the business processes become increasingly complex and require multi-person collaborations across departments. To sustain its growth, businesses need to successfully streamline different tasks (warehouse management, order management, billing, compliance, and accounting, etc.) which are often executed by different teams. This is where Business Process Mangement (BPM) Software saves the day, especially as […]
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Business Process Management (BPM) has become the foundation of today’s company operations because it enables organizations to simplify processes, increase efficiency, and respond to the ever-changing demands of their industry. The global BPM market is expected to grow by 10.5 %, reaching $14.4 billion in 2025. By analyzing and optimizing internal processes, organizations can increase […]
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A lot has been written about the capabilities and features of enterprise BPM software platforms, but there is limited information available on how to make your BPM projects successful. Studies show that 50% of IT projects fail due to time and cost overrun, this number is even higher for BPM projects. Today, we look at what […]
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Robotic Process Automation (RPA) is a relatively a new breed of technology which is drawing serious interest in the Process Automation space. We get this question very often. What is RPA and how is it different from BPM Software? Let me answer the first question with as much clarity as possible. RPA is a software […]
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