Unity Link Cash Pickup Settlement Automation - Commission
Blue Prism, MS-SQL
Blue Prism, MS-SQL
Blue Prism, MS-SQL
A Blue Prism process to automate the settlement of commission amounts owed to its branches and sub-agents. The process entails downloading a transaction report file and performing a series of calculations to determine the precise value for settling each branch and sub-agent. Once the calculations are completed, the process executes a batch upload to the core banking system, which updates each branch's general ledger and sub-agent's account. This automation has significantly reduced the time required to complete the process. Previously, the process relied on the operations staff, who spent up to four hours completing it. However, the Blue Prism process now completes the task within five minutes.
A Blue Prism process to automate the settlement of commission amounts owed to its branches and sub-agents. The process entails downloading a transaction report file and performing a series of calculations to determine the precise value for settling each branch and sub-agent. Once the calculations are completed, the process executes a batch upload to the core banking system, which updates each branch's general ledger and sub-agent's account. This automation has significantly reduced the time required to complete the process. Previously, the process relied on the operations staff, who spent up to four hours completing it. However, the Blue Prism process now completes the task within five minutes.
A Blue Prism process to automate the settlement of commission amounts owed to its branches and sub-agents. The process entails downloading a transaction report file and performing a series of calculations to determine the precise value for settling each branch and sub-agent. Once the calculations are completed, the process executes a batch upload to the core banking system, which updates each branch's general ledger and sub-agent's account. This automation has significantly reduced the time required to complete the process. Previously, the process relied on the operations staff, who spent up to four hours completing it. However, the Blue Prism process now completes the task within five minutes.
Client
[Private Bank]
Services
Robotics Process Automation (RPA)
Industries
Banking & Finance
Date
October 2022
