Banks and financial institutions are highly regulated, where any noncompliance with strict rules and regulations can lead to heavy fines. Add to that skyrocketing customer expectations and it’s easy to see why finance is so competitive. Success in this environment requires accountability, coupled with process efficiency and the ability to optimize for continuous improvement. How do you get there? Process mining in finance is quickly becoming integral to success.
Is it enough? The data we consume in our homes and businesses continues to grow at a blistering pace. Internet of Things (IoT) device connections are also increasing exponentially, with the average number of devices per connected home more than doubling just over the past couple of years. To address all of this growth, service providers are continuously expanding their fiber to the premise (FTTP) and hybrid fiber-coax (HFC) footprint.
Processes are the heart of every organization and every workflow. But if yours are a bit of a mess, you’re not alone. Businesses everywhere are struggling with inefficiency and just can’t seem to digitize workflows fast enough. And when they do, it’s hard to tell if they've even improved the problems they set out to solve in the first place. . . or just created more chaos.
In the Chartis Vendor Analysis: Client Lifecycle Management Solutions, 2022: Corporate and Investment Banking report, Appian is recognized as a Category Leader. The report noted the completeness of Appian’s offering, including our unified low-code platform, data integration capabilities, and ability to meet market-specific requirements.
In government agencies around the world, large enterprise legacy systems are what stand in the way of desperately needed modernization programs. Such legacy systems can be large enterprise resource planning (ERP) implementations or custom-built applications using complex codebases. Simply put, they are not supportable, upgradable, and do not provide the rich user experience customers have become accustomed to.
Organizations invest in software with the idea that the new tools will deliver a variety of benefits. Some benefits are more qualitative, such as an improved user or customer experience, but others can have a direct impact on your bottom line. Whether it's an asset management solution, payroll system, or procurement application, technology has the ability to save organizations substantial amounts of money by streamlining your business processes.
