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How does RPA transform mortgage processes?

by | Feb 2, 2021

RPA ensures business processes are deployed in a specific order; it’s a similar concept to manufacturing automation. RPA reduces the overall cost and time to execute tasks, which makes humans more productive. Moreover, RPA increases the accuracy and quality of work. Since the mortgage sector is process-oriented, there are numerous routine processes that RPA can automate and orchestrate. According to the Institute of Robotic Process Automation, RPA also costs one-fifth the cost of an onshore worker and one-third the cost of an off-shore, full-time employee.