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  • A Leading Bank Deploys Nividous Platform to Automate Bank Guarantee Closure Process
Automat Bank Guarantee Closure Process
 

A Leading Bank Deploys Nividous Platform to Automate Bank Guarantee Closure Process

 
50%

Reduction in operational cost

45%

Reduction in process handling time

80%

Improved compliance

Industry

  • Banking

Processes Automated

  • Bank guarantee closure process
  • Daily closure process for letters of credit

Automation Highlights

  • On-demand and/or scheduled Bots
  • A detailed audit report on each automation
  • Execution on multiple systems

One of the fastest-growing banks in India

The customer currently services over 6.5 million customers through a network of over 300 branches and ATMs and 200 banking outlets spread across India. The customer was looking for a cost-effective and efficient solution for its labor-intensive and error-prone bank guarantee closure process.Nividous platform was deployed to automate the complete process that enabled faster customer communication and a 45% reduction in process handling time.

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Testimonial-Icon
 

The bank guarantee closure process is highly time-sensitive. The automation has helped us in sending timely intimations to our customers by effectively streamlining the tracking of each bank guarantee record.

The flexibility and control provided by Nividous platform allowed us to process all pending bank guarantees on-demand and serve the customers significantly faster.

Head – Robotic Process Automation

A Leading Bank in India

 

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About Nividous

Nividous, an intelligent automation company, is passionate about enabling organizations to work at their peak efficiency. From day one we, at Nividous, have focused on building a unified intelligent automation platform that harnesses power of RPA, AI and BPM. These three key pillars of holistic automation are natively available within the platform. With continuous innovation in our products and services, we endeavor to help our customers improve their competitive advantages.

www.nividous.com

About Nividous

  • Nividous, an intelligent automation company, is passionate about enabling organizations to work at their peak efficiency. From day one we, at Nividous, have focused on building a unified intelligent automation platform that harnesses power of RPA, AI and BPM. These three key pillars of holistic automation are natively available within the platform. With continuous innovation in our products and services, we endeavor to help our customers improve their competitive advantages. www.nividous.com

Automation

  • Robotic Process Automation
  • Attended vs. Unattended RPA
  • Artificial Intelligence and RPA
  • What is Intelligent Automation
  • Intelligent Document Processing
  • What is Hyperautomation
  • Accounts Payable Automation
  • Revenue Cycle Management

Industries

  • Finance & Banking
  • Insurance
  • Healthcare
  • Manufacturing
  • Life Science
  • Logistics and Supply Chain

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  • Nividous Platform
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  • RPA Bots
  • Smart Bots
  • Control Center

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RoI Calculator Request Demo Community

Contact

  • [email protected]
  • +1 (442) 444 2767

Mumbai, Ahmedabad, Moorestown, Sacramento, Hertfordshire

Automation

  • Robotic Process Automation
  • Attended vs. Unattended RPA
  • Artificial Intelligence and RPA
  • What is Intelligent Automation
  • Intelligent Document Processing
  • What is Hyperautomation
  • Accounts Payable Automation
  • Revenue Cycle Management

RoI Calculator

Industries

  • Finance & Banking
  • Insurance
  • Healthcare
  • Manufacturing
  • Life Science
  • Logistics and Supply Chain

Product

  • Nividous Platform
  • Studio
  • RPA Bots
  • Smart Bots
  • Control Center

Request Demo

Services

  • Quick Start Guarantee
  • Professional Services
  • BPM Implementation

Resources

  • Case Studies
  • Webinars
  • Analyst Reports
  • eBooks
  • Videos
  • Blogs

Community

Company

  • About us
  • Partners
  • Customers
  • Events
  • News
  • Careers

Contact

  • [email protected]
  • +1 (442) 444 2767

Mumbai, Ahmedabad, Moorestown, Sacramento, Hertfordshire

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