Automation of Cross-Functional Processes for Sanctum Wealth Management
We have leveraged Nividous Bots to automate numerous processes across risks, broking, wealth management, portfolio management, client servicing, and other departments. This has eliminated human errors and significantly improved process turnaround times. Most importantly, our skilled employees are now freed from day-to-day repetitive tasks. We plan to add more Bots to further expand the scale of automation using the Nividous Intelligent Automation Platform.
Head of Technology & Transformation
Sanctum Wealth Management
Reduction in human errors
Improvement in process TAT
Processes automated across 13 departments
Improvement in overall productivity
Industry
- Financial Services
Processes Automated
- ~70 Cross functional processes across 13 departments
Automation Highlights
- Significant reduction in manual errors with automated processes, eliminating the risk of potential penalties caused by mistakes.
Automation of Cross-Functional Processes
The company’s employees were spending excessive time on repetitive tasks, hindering efficiency and increasing the risk of errors. The complex processes and multiple systems further complicated operations. Nividous helped the customer automate over 70 business processes across different departments, achieving a 100% reduction in manual errors and a ~75% improvement in process turnaround time. The senior management team is now completely freed up from swivel chair tasks involving multiple internal and external systems.
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