STREAMLINING BANKING PROCESSES BY IMPLEMENTING RPA

BAYRAKTAR Dorin, Lucian Blaga University of Sibiu

PITIC Antoniu Gabriel, Lucian Blaga University of Sibiu

MIHU Cantemir, Lucian Blaga University of Sibiu

Abstract:
The expansion of the digital transformation phenomenon imposes certain trends, strongly changing the traditional way of doing business. Being a constant process, it requires organizations to adapt to the current environmental conditions. Digital transformation creates significant opportunities for companies to streamline their operations. Among those the opportunity to implement Robotic Process Automation can be identified, a technology that is not just a means of efficiency, but a resource that can be adapted for a variety of tasks. This paper presents the tool through a literature review and a case study on the implementation of the solution in banking. Thus, as objectives were established the definition of RPA concept and the benefits associated with the technology, as well as the identification of its implementation opportunity and effectiveness in the banking sector.

Keywords: Automation, Digital Transformation, RPA, Banking 5.0

JEL Classification: O33, E59

Volume: 74, Issue: 2

Pages: 7 - 16

Publication date: September, 2022

DOI: 10.56043/reveco-2022-0011

Download the article: http://economice.ulbsibiu.ro/revista.economica/archive/74201bayraktar&pitic&mihu.pdf

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