Every month, risk management department is required to prepare the summary of P&L (Profile & Loss) Report for predict and analysis the upcoming trend, they are required to spend around 20 man-days per month to download the data from ERP system and prepare the reports. In the meanwhile, also hit a lot of human mistakes, and back and forth emails and troubleshooting, and they can process only one-month data volume, since they cannot use excel to handle too large amount of data.
”Reduces 240 working man-days and handles 1 millions of records to generate reports.
Manual handles 200k records
RPA handles 1mil records
The RPA solution that helps risk management department to automatically to process the report, and also save a lot of human process, over 240 man days per year, mitigate the human mistakes, now they can get the P and L report in 5 mins, and they can generate the report on demand. Moreover, they can process a year amount of data, that is make them to predict and analysis more accurately.