The insurance industry is facing many new challenges in terms of managing risk and compliance standards. Compliance costs are often astronomical and keeping ahead of emerging technologies can be burdensome. In order to stay ahead of the curve, insurance companies are investing in technology to free up workforce hours and save money. Deloitte estimates that in the insurance industry alone, automation could free up anywhere between 58 and 285 million workforce hours, saving between $1.7 and $8.9 billion within the next seven years. The time saved on routine, time-consuming, error-prone tasks could be spent by your employees doing more strategic tasks, improving your business and employee morale while also achieving your organization’s financial goals.
How will your organization stay on top of compliance issues while also achieving financial goals? Learn how you can take your organization to the next level with our simple two-page industry brief that is designed to help you understand the specific technology aids you can incorporate to help save your entire organization money.
Take your organization to the next level with ECMNOW!, which utilizes the latest automation technologies, including intelligent automation (IA) and robotic process automation (RPA), in order to digitize, manage, store, and route your customers’ data while maintaining compliance, increasing security, and saving money.