Banking Digital Transformation Leader partnering with Top Global RPA Software Provider

Amman, May 2020, a promising strategic partnership was announced between Pio-Tech and UiPath, which would provide clients of both institutions from the banking industry with more sophisticated contemporary solutions that provide many distinct business values that focus on maximizing the level of efficiency and productivity of the various banking internal operations across all banking functions.

This partnership, strategically aims to utilize the capabilities of the Robotics Process Automation (RPA) technology, in order to create an innovative technology environment that accelerate the banking operations, reduces their costs and ensures their sustainability through suite of robots that mimic recurring routine human activities, which leads to a significant reduction in the workload of employees in parallel with improving the banking experience for customers, as well as enhancing the brand positioning of the bank as an enterprise that keeps pace with the latest contemporary technology developments.

During many years, vast range of organizations around the world, have gained many benefits and advantages offered by RPA technology such as:

Increase production capacity by virtual-workforce (robots).
Refocus of human resources on effective customer service.
Reduce average processing time approximately by 75%.
Eliminates human errors (100%) & maximize customer satisfaction.
Reduce operational cost up to 65% (based on type).
Realistic decision recommendations powered by AI & ML.
Smooth implementation with zero infrastructure requirements.
Uninterrupted 24/7 operations.

About Pio-Tech

Pio-Tech is the leader of Digital Transformation and Business Acceleration in Banking Industry across the Middle East and African Continent.

Combining 17 years of extensive banking experience with solid knowledge of related modern technologies, the strong entrepreneurial spirit of Pio-Tech is always keen to bring real observable differences to local and global financial markets, through vital business values that ensures better, faster and smarter banking, while its sophisticated solutions providing a crystal-clear vision around potential opportunities as well as possible threats, which enhancing decision-making process and leads to assets safeguarding, business prosperity and sustainable growth.

Pio-Tech platforms and business suites, Bank-BI®, Bank-BPM® and Bank-CEP® are also available as SaaS instances on the cloud and could be deployed either fully on cloud or hybrid.

To learn more, please visit www.pio-tech.com. 

About UiPath 

UiPath is leading the era of Robotic Process Automation (RPA), championing a robot for every person and enabling robots to learn new skills through artificial intelligence (AI) and machine learning (ML). Through free and open training, UiPath brings digital era skills to millions of people around the world, improving business productivity and efficiency, employee engagement, and customer experience.

The company’s hyper automation platform combines the #1 Robotic Process Automation (RPA) solution with a full suite of capabilities, including process mining and analytics, that enable every organization to scale digital business operations at unprecedented speed. The company has already automated millions of repetitive, mind-numbing tasks for businesses and government organizations all over the world, including more than 50% of the Fortune 500 and 8 of the Fortune 10.

UiPath was recently recognized as the top company on The Deloitte Technology Fast 500 for 2019 , and #3 on the 2019 Forbes Cloud 100.

To learn more, please visit www.uipath.com.