Absa Bank
Absa Bank
Mauritius
Company Profile
Absa Bank (Mauritius) Limited is part of Absa Group Limited, an African financial services group that aims to be the pride of the continent. Their organization is listed on the Johannesburg Stock Exchange in South Africa, and is one of Africa’s largest diversified financial services groups, with a presence in 12 countries across the continent and around 42,000 employees.
2020
the year our collaboration began
1991
year of creation
+42,000
employees
Context
Absa Bank's vision of becoming a fully digital institution led them to partner with our BPM solution. Recognizing the need to overcome bottlenecks in their digital transformation, Absa embraced our no-code automation tool. What began with automating a single process soon grew into a comprehensive project spanning multiple areas and workflows. Throughout their journey, our collaboration flourished, with one of our process analysts even venturing to Mauritius to work together to continue to find innovative ways to optimize their processes. The results are truly outstanding, between 2022 and 2023 they received award such as: “Outstanding Use of Technology by a Transaction Bank”, “Best Pure Play Digital Initiative” and “The Most Innovative Digital Banking Platform” among other innovation and digital transformation recognitions.
Results achieved
Optimization of resources
Automating their onboarding process has resulted in cutting the time to about 15 minutes to onboard a customer, taking almost all the manual layer out.
Increase growth
We have automated more than 120 processes from different areas, including purchasing processes, legalizations, meeting minutes, inventory, contracts, and innovation control, among others.
Sandeep Mohapatra - Head of Digital Transformation and Technology
Time reduction
“It not only saves the employee hours, but also saves the customer hours, and that is what we call a success journey”
Sandeep Mohapatra - Head of Digital Transformation and Technology
Digital transformation
“We’ve taken this tool that can be used by anyone without having to write a single piece of code. We certify our people today on this platform so that they can use it and deploy it and turn this organization into a paperless organization”.
Sandeep Mohapatra - Head of Digital Transformation and Technology
Autonomy
"It's so easy that we have even trained our Head of Department. We have also simplified it by integrating it with the ADD Authentication so that you don't need to remember any other passwords".
Rajesh Parameswaran - Head of Digital Projects