Internal management reporting and external regulatory reports such as daily liquidity coverage reports, delinquency reports, and so on require business teams to spend considerable time on manually gathering and assimilating data from various sources.
Data gathering and consolidation is a lengthy and tedious process, which doesn’t leave adequate time for reviews, adversely impacting the accuracy and quality of these reports.
With RPA taking over the data assimilation process, business teams will be better able to focus on analysis and review of reports.
Source: TCS