BPM BANKING AND BPM FOR FINANCE
Revolutionize Finance and Banking with BPM Innovation
Explore Flokzu: Unleashing the Power of Low-Code/No-Code BPM Automation in Finance and Banking Operations
Ready to redefine financial and banking processes with transformative BPM automation? Click below to embark on a journey of optimization and excellence for free!
Choosing what your company needs
Automating financial processes with our comprehensive BPM suite will make a difference, providing a more efficient operation that translates into increased revenue for your company. By properly automating your financial processes, an agile work environment is created, allowing everyone to work remotely and asynchronously without compromising your company's service quality. In today's business world, it is more crucial than ever to stay updated on new trends and technologies in order to stand out. That's why at Flokzu, we understand that every organization has unique needs, which is why we offer the flexibility to choose between our cloud version or the on-premise version, adapting to what your company requires.
Modernize your financial processes with cloud BPM
Digital transformation
Have in one place all your digital documents, databases, forms, and the processes associated with them. Eliminate all the inefficiency of handling a million spreadsheets, emails, or even Whatsapp messages.
Autonomy
Model your processes as your company may need and adapt them as you want. With low-code / no-code technology, you will be able to automate any process without IT knowledge or external consultants.
Objective data
Using Flokzu, you will obtain objective data regarding the performance of your processes, both active and past. You can set up Custom Reports with the information your team values most.
Collaborative workspace
Set up teams to work on one process at a time, or manage your processes by business departments. This tool allows you to work collaboratively, remotely, and in an asynchronous way, but ensuring results.
Increase productivity & revenue
Every participant will be able to complete their tasks on time, resulting in a more efficient operation. Increase your revenue by continuously improving your processes.
Task management
Reach your goals by managing each task. Track their status from the beginning to the end. Know where the bottlenecks are, and obtain the information and data you need to optimize every task in your processes.
Workflows for investment opportunity
Don’t miss any more opportunities because of the time required to process the information. Automating the Investment Opportunities process will give you a quick way to handle everything you need to make the right decisions. In this simplified version of the process, you can see how information is handled, request more when it is needed, and also notify all parties involved about the course of the process. Having an organization where decisions are made quickly and accurately makes the difference between who is first in the business world, and who is second or last. Being an agile company that is continuously improving will ensure success
Workflows for inspection of accounts and guarantees
Schedule the review of a portfolio of assets (car insurance, houses, etc.), and it will run automatically after a certain period. You can forget about the planning and simply put this process on autopilot. In addition, following a formal, documented process will give you clarity and auditability for each task.
Another benefit of formally automating your processes is that you can measure the performance of the entire organization. Using the KPI’s and objective data that Flokzu provides, it will be simpler and faster to improve the company’s performance.
Workflows for ABM Users
Every time a team member leaves or joins the company, permissions and accesses have to be reviewed or updated. This can be a messy and time-consuming process, not because of the difficulty of the tasks, but because it often interrupts the other tasks and processes we are executing.
Automating it ensures that permissions are granted and removed correctly, and results in new people being able to be in production sooner, and for those leaving the organization, having the certainty that they will not have undue access. Without IT knowledge or external consulting, each department can automate its processes. No matter how many steps that process needs, with Flokzu, you can model any workflow you want.
Workflows for branch office inspection
The process will be triggered automatically and periodically, for example, once a week. In addition, you can include a checklist that the inspector will fill out each time he inspects a branch. You could check different items on a single checklist, such as hygiene, communications and marketing material, or even building maintenance. Also, the inspector could include photos of the location in that digital checklist. The form will automatically save the location of when it was completed for a better audit process. You can accomplish all of this with the same BPM tool. Flokzu allows this and much more, since what we present here is a simplified version of the process.
Workflows for credit or loan request
This typical financial institution process can be automated and used from any branch office, allowing all stakeholders to have access to up-to-date information, thus providing better customer service. All the necessary elements such as approvals, authorizations and comments are gathered in this process. When the process is completed, you will have a complete audit trail that will provide you with accurate information to improve process performance.
Having this process (and many others) automated will make a difference in the new business era, where remote and asynchronous working is a reality. Implementing Flokzu as your BPM tool will show incredible results in a matter of days.
Proven to be successful
Discover our greatest success with the Absa Bank Mauritius team: Africa's largest bank!
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