UBS is a multinational investment bank and financial services company founded and based in Switzerland. With a team of more than 66,000 employees it has a presence in 50 countries.

Challenge

Finance functions and specifically cash management in times of lower customer demand have become significantly more important with the onset of COVID-19. There is also an even greater need to respond quickly to the market sentiment and ensure products and services are applicable to clients in the current situation.

Solution

Automation is one of the key pillars helping with business continuity during the COVID-19 pandemic, supporting Tricor with day-to-day business operations without restrictions on remote access or staff availability. RPA, in combination other automation technologies, are helping clients leverage big data to quickly make fact-based decisions to sustain their business.

Benefits

Rapid deployment of business resilience plans for clients, including 50% extra capacity in payroll services

30% reduction in internal finance costs

Greater liquidity through automated cash management

Topline and bottom-line growth

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