Automation of Remittance and Online Money Transfer transaction releasing processes for leading financial services firm
10xDS developed RPA Solutions to automate the remittance process and Online Money Transfer transaction releasing processes for a leading financial services company. Manual process of consolidation of Remittance transactions into bank-wise files after verification before transmitting from the client’s IT department was automated. Validating the transactions before releasing to Banks for the remittances done via is a web-based money remittance platform was automated to overcome the challenges in handling large transaction volumes (approx. 300 transactions per day), which is highly repetitive and manual.