In the dynamic digital environment, businesses must remain agile and adaptive, particularly in the rapidly changing e-commerce sector. Constant shifts in consumer behavior and technological advancements make it crucial for businesses to have a robust Salesforce Commerce Cloud Center of Excellence (CoE) in place, which can significantly contribute to boosting your e-commerce business.
If you think your financial firm is dealing with a never-ending series of operational efficiency issues, you’re not alone. 81 percent of banking executives are overwhelmed by the rapid shift to technological disruptions. What if your processes evolve on their own and move beyond efficiency?
Today’s tech-driven world is all about automation. Almost every industry is reaping its benefits in one way or another and making its business more productive and efficient. One form, in particular, is making headlines across the globe and it is known as Intelligent Process Automation (IPA).
According to Gartner, IPA sits at the top of the list of the highest-ranked enterprise software and the spending on it is constantly increasing as well. Organizations are leveraging their efficiencies to enable digital transformation to achieve the desired business objectives.
According to Forrester Research’s latest data, the RPA software market is expected to reach a staggering $6.5 billion by 2025 and the RPA-related services around $16 billion and these promising statistics are majorly the result of continuous innovations in robotic process automation.
“The best architectures, requirements, and designs emerge from self-organizing teams.”
-Agile Manifesto Principle
Any practitioner, who got burnt with the Big Design Up Front (BDUF) approach will attest to how important and useful this principle is. However, sometimes this leads to a naïve understanding that the iterative approach is somehow at odds with the “architecture”.
In today’s evolving mortgage ecosystem, advanced technology is a must-have to successfully process huge volumes of loan applications. On average, the time taken to close loans is 47 days, according to Ellie Mae Origination Insight Report Data. However, consumers expect much quicker turnaround times.
We know you want to acquire new customers. But what is better than acquiring a new customer? The answer is simple: it is retaining an existing customer for the long run.
Visionet Uses Proprietary Technology to Deliver HUD-1 Statements in Thirty Minutes or Less Cranbury, NJ, June 18, 2013 – Visionet sets a new best practices standard for delivering complete and accurate HUD-1 statements in under 30 minutes. This 30-minute window applies to even the most complex HUD-1 statements, and includes both automated processing as well as full manual review, delivering accuracy of 99.9%. Basic HUD-1 documents can be prepared in approximately 5 minutes.
Residential Mortgage lending has been a very volatile business. There are times when lenders need to deal with extremely high volumes. This puts immense pressure on existing teams. Besides, the mortgage industry also works in a paper-intensive environment. On average, there are often more than 25 types of documents for retail mortgage loan origination process, over 15 in correspondent lending, and over 10 in mortgage servicing rights. Handling the burden of documents in huge volumes and that too manually is a cumbersome process and is prone to errors.
Companies around the globe are constantly upgrading their marketing tactics to keep their consumers engaged. Traditional marketing has ceased to be effective as it tends to be time-consuming, inefficient, and impersonal. Instead, marketing automation is now the talk of the town that automates marketing tasks while enabling a personalized approach that boosts engagement, along with adding to the overall efficiency and increasing ROI simultaneously.