In the rapidly evolving landscape of the Banking, Financial Services, and Insurance (BFSI) sector, staying ahead of the curve is paramount. As we navigate through 2024, technological advancements, regulatory changes, and shifting consumer behaviors continue to reshape the industry. Amidst these transformations, the BFSI sector has a pivotal opportunity to multiply efficiencies and reduce exigencies. […]

The evolution of technologies has profoundly impacted the BFSI industry, enabling significant digital transformation. This transformation is opening new business avenues and driving unprecedented flexibility and scalability. Below are key factors that will be instrumental in powering BFSI’s digital journey in 2024 and beyond, ensuring the industry stays on track to digitally transform and digitally […]

Digitization has picked up pace across industries, and the Banking, Finance, Services, and Insurance (BFSI) industry is no exception. As customer experience becomes a leading differentiator and with increasing security protocols, compliance, and guidelines, the BFSI sector is set to confidently navigate the digital landscape. The infographic below – “The Dawn of Digital in BFSI […]

Navigate the cloud landscape strategically, mitigating potential pitfalls in security, performance, and operations to successfully utilize the potential of the cloud bolstering scalability, flexibility, and agility in a rapidly evolving business environment. Navigating the cloud landscape requires a strategic and well-informed approach to avoid potential pitfalls that can compromise security, performance, and overall operational efficiency. […]

Traditional tax processes are being revolutionized by innovative technologies such as AI, blockchain, cloud computing, and RPA, offering streamlined, accurate, and real-time solutions. Embracing these advancements is a strategic necessity, positioning tax practitioners for a future focused on agility and adaptability in the dynamic economic landscape. Traditional tax processes are time-consuming, error-prone, and burdensome due […]

Tax regulations and compliance are getting more complex and challenging. SMBs must keep abreast and face the changing tax landscape by embracing tax technology to streamline their tax processes and improve efficiency. A report published in 2020 by the Finance Corporation and the World Bank Group stated that Small and Medium Businesses constituted 90% of […]

As the world shifts towards a digital-only era, businesses must speed up their transformation efforts. They need solid strategies to meet the needs of digital-savvy people and reach a position of digital dominance. Listed below are factors essential to creating a sound strategy that can help businesses leap from digital transformation to digital dominance. It’s […]

Intelligent Process Automation has become a must-have capability for businesses to cope with the constantly evolving demands for agility, precision, consistency, flexibility, and scalability. Businesses that wish to derive the maximum value out of their IPA investments need to ensure that their IPA implementations are designed and deployed correctly. Automation has become a pressing mandate […]

Demand for agility, flexibility, and scalability is driving businesses to embrace Intelligent Process Automation across functions and processes. This foray into integrating IPA to drive intelligent automation is powered by a combination of technologies such as Natural Language Processing, Machine Learning, Computer Vision, Cognitive Automation, Process Mining, Predictive Analytics, and Cloud Computing. Digital transformation is […]

Microservices-based architecture can help the Banking Financial Services and Insurance industry expedite its digital transformation efforts helping drive scalability, agility, and security besides powering integration, modularity, maintainability, performance, and resilience. Digital transformation has become an unavoidable urgent mandate for BFSI owing to the changing market dynamics and preferences. Legacy systems and monolithic architectures have often […]