×

Request trial to our beta program!

Please fill up this form and we shall get back to you with your access at the earliest.

Contact our Sales Team

Please enter Name
Please enter company name
Please enter valid e-mail

Thank you for your interest in our free trial program. Our sales team will reach out to you shortly.

Email Sent. Thank you!

Before BPM platforms: A Case for Workflow Automation in Audit firms

Workflow-automation-Audit-firms

It’s become nearly impossible to imagine a time when companies used spreadsheets and Outlook to manage their day-to-day activities. Companies have steadily identified the need for workflow automation by digitally transforming their workspace to adapt to the demanding evolutionary changes in their industry. And in fact, digital transformation has become more of a necessity than a luxury given the growing complexity of business processes.

Audit practices, like most businesses in the FinServ and BFSI sectors, rely on a number of moving parts and logical workflows to provide their customers with an extensive service. In this blog, we look at the challenges that these firms face and how workflow automation has helped change the way they look at them.

Tracking Service Requests

Audit firms are in the business of crunching numbers. One of the most pressing challenges that they face at the get-go is having to track service requests as they come in. Before digital transformation and the advent of BPMs, every single service request that came in was tracked using emails and spreadsheets – a method that was not only ineffective but exhaustingly error-prone. What made it worse was keeping track of deadlines and meeting them.

BPMs have proved a boon to auditors in this aspect. With BPMs, auditors can approach their work with an extra level of flexibility and track service requests as and when raised. Managers overseeing fulfilment are able to keep an eye on the status of each request and update customers and stakeholders appropriately at every step along the way.

Compliance and Task Routing

Financial auditing is a profession that heavily relies on a compliance-driven structured approach to their process as every part of the process must run by the book. Now that the requests have come in, auditors face the challenge of routing these requests to the appropriate teams and personnel. While it was considerably manageable in firms with smaller teams, it becomes an increasingly uphill task to keep track of what each member of the team was working on at a given point in time. This was an ever-compounding issue that both, firms that increased complexity of their processes and those that showed promising growth, experienced.

BPMs have become monumental to audit firms looking to tackle this problem. Intuitive BPM platforms can prove immense while eradicating issues related to procedural adherence and compliance. They can help managers structure each process within the business by moving SOPs that exist on paper to a digital work frame that defines who will work on each service request. Managers can then harness the power of intelligent task-based routing to assign, reassign, and route tasks based on priority to teams and members within a team on a planned and ad-hoc basis to fulfil service requests. Furthermore, auditors can create a provision for payment collection within the workflow to ensure that every service request is accounted for within the set framework.

Collaboration

In our previous blog, we highlighted the importance of true collaboration to bring about favourable results. Very much like task routing and fulfilment, collaboration was an issue that was difficult to tackle considering the lack of visibility managers had within their teams. Traditionally interdepartmental collaboration was carried out through a series of initiation and follow-up emails – a process that showed a high rate of failure because a big chunk of this communication was lost in the labyrinth of unopened emails.

As a part of their digital transformation, workflow automation tools have helped create a virtual workspace that serves as a platform that unites and aligns all processes and teams within the organisation. Within this environment, multiple teams can come together to fulfil each service request and can additionally optimise their time by managing their individual bandwidth. Vertical collaboration can also be facilitated to enforce approvals and QC checks at any step across the workflow.

Visibility and Reporting

The buck does not stop with the completion of tasks. At the end of each service request, it becomes important to keep track of team productivity and efficiency. And in order to derive actionable insights, managers will need to access dashboards and detailed step-by-step reports. The information for these reports is usually insufficiently tracked due to it being lost in scores of spreadsheets or the simple lack of a mechanism within a traditional framework.

With a comprehensive workflow management platform, managers can gain a bird’s eye view of their operations. Implementations of principles like Kanban and Lean methodologies can go a long way in helping audit managers for one, track the status of each request in real-time and track the overall efficiency of their teams through assignee, team, or service-based reports. These insights can prove invaluable to organisations that are looking to constantly improve the way they function.  

With the points mentioned above, it is easy to see what BPM tools brings to the table. Needless to say, they form an integral part of the framework with the increase in operational complexities and with as the organisation grows. A BPM like Boombirds for Business Services has brought into light the pivotal role workflow management plays for firms in the auditing space and has proved how, when used within the right framework can bring about a 30% increase in operational efficiency.  

To learn more about Boombirds and our various workflow automation solutions, visit www.boombirds.com

Are you tired of…
Messy, manual processes that can't be scaled?

We work with operations leaders looking to digitally transform their manual back-office processes and procedures.

We combine your existing business processes with our software, plus decades of enterprise process re-engineering and change management experience to quickly scale and see the results you are looking for.

Get Started

slot gacor maxwin slot amerika slot china slot dubai slot eropa slot filipina slot internasional slot jepang slot macauslot malaysia slot myanmar slot prancis slot amerika slot china slot eropa slot filipina slot hongkong slot jepang slot kamboja slot luar slot macau slot thailand slot gacor slot gacor maxwin slot gacor maxwin slot amerika slot server thailand slot gacor maxwin slot server vietnam slot server malaysia slot server jepang slot server filipina slot server amerika slot server amerika slot server eropa slot server filipina slot server hongkong slot server jepang slot server kamboja slot server malaysia slot server myanmar slot server thailand slot server vietnam slot server luar negeri akun pro amerika akun pro eropa akun pro filipina akun pro hongkong akun pro jepang akun pro kamboja akun pro malaysia akun pro myanmar akun pro singapore akun pro thailand akun pro vietnam akun pro luar negeri server amerika server eropa server filipina server hongkong server jepang server kamboja server malaysia server myanmar server singapore server thailand server vietnam server luar negeri server amerika server china server dubai server eropa server filipina server hongkong server jepang server kamboja server korea server macau server malaysia server myanmar server prancis server rusia server thailand server vietnam server luar server internasional server sensasional server asia server amerika server myanmar server rusia server singapore server filipina server malaysia server jepang server hongkong server vietnam server eropa server china server thailand server amerika server myanmar server rusia server singapore server filipina server malaysia server jepang server hongkong server vietnam server eropa server china server amerika server myanmar server rusia server singapore server filipina server malaysia server jepang server hongkong server vietnam server eropa server china server thailand slot qris slot isaku slot sakuku slot seabank slot dana slot shopepay slot ovo slot gopay slot linkaja slot bank jago slot sensasional slot internasional slot luar negeri https://reslandak.kalbar.polri.go.id/assets/slot-luar-negeri/ https://reslandak.kalbar.polri.go.id/assets/slot-server-amerika/ https://reslandak.kalbar.polri.go.id/assets/slot-server-asia/ https://reslandak.kalbar.polri.go.id/assets/slot-server-brunei/ https://reslandak.kalbar.polri.go.id/assets/slot-server-china/ https://reslandak.kalbar.polri.go.id/assets/slot-server-dubai/ https://reslandak.kalbar.polri.go.id/assets/slot-server-eropa/ https://reslandak.kalbar.polri.go.id/assets/slot-server-filipina/ https://reslandak.kalbar.polri.go.id/assets/slot-server-hongkong/ https://reslandak.kalbar.polri.go.id/assets/slot-server-internasional/ https://reslandak.kalbar.polri.go.id/assets/slot-server-jepang/ https://reslandak.kalbar.polri.go.id/assets/slot-server-malaysia/ https://reslandak.kalbar.polri.go.id/assets/slot-server-myanmar/ https://reslandak.kalbar.polri.go.id/assets/slot-server-rusia/ https://reslandak.kalbar.polri.go.id/assets/slot-server-singapore/ https://reslandak.kalbar.polri.go.id/assets/slot-server-taiwan/ https://reslandak.kalbar.polri.go.id/assets/slot-server-vietnam/ https://reslandak.kalbar.polri.go.id/produk/slot-kamboja/ slot dana slot qris slot gacor maxwin https://server-amerika.tvpare.com/ https://server-amerika.tvpare.com/ https://server-brunei.tvpare.com/ https://server-asia.tvpare.com/ https://server-china.tvpare.com/ https://server-dubai.tvpare.com/ https://server-eropa.tvpare.com/ https://server-hongkong.tvpare.com/ https://server-internasional.tvpare.com/ https://server-jepang.tvpare.com/ https://server-malaysia.tvpare.com/ https://server-kamboja.tvpare.com/ https://server-myanmar.tvpare.com/ https://kejari-kepulauanmentawai.kejaksaan.go.id/slot-kamboja/ https://sppd.pn-maumere.go.id/ https://tribratanews.kalbar.polri.go.id/slot-luar-negeri/ https://tribratanews.kalbar.polri.go.id/slot-thailand/ https://satbrimob.kalbar.polri.go.id/slot-luar-negeri/ https://engdept.fkip.serambimekkah.ac.id/products/level303/ https://engdept.fkip.serambimekkah.ac.id/products/slot-server-amerika/ https://engdept.fkip.serambimekkah.ac.id/products/slot-server-asia/ https://engdept.fkip.serambimekkah.ac.id/products/slot-server-brunei/ https://engdept.fkip.serambimekkah.ac.id/products/slot-server-china/ https://engdept.fkip.serambimekkah.ac.id/products/slot-server-dubai/ https://engdept.fkip.serambimekkah.ac.id/products/slot-server-eropa/ https://engdept.fkip.serambimekkah.ac.id/products/slot-server-filipina/ https://engdept.fkip.serambimekkah.ac.id/products/slot-server-hongkong/ https://engdept.fkip.serambimekkah.ac.id/products/slot-server-internasional/ https://engdept.fkip.serambimekkah.ac.id/products/slot-server-jepang/ https://engdept.fkip.serambimekkah.ac.id/products/slot-server-kamboja/ https://engdept.fkip.serambimekkah.ac.id/products/slot-server-malaysia/ https://engdept.fkip.serambimekkah.ac.id/products/slot-server-myanmar/ https://engdept.fkip.serambimekkah.ac.id/products/slot-server-rusia/ https://engdept.fkip.serambimekkah.ac.id/products/slot-server-singapore/ https://engdept.fkip.serambimekkah.ac.id/products/slot-server-taiwan/ https://engdept.fkip.serambimekkah.ac.id/products/slot-server-thailand/ https://engdept.fkip.serambimekkah.ac.id/products/slot-server-vietnam/ https://engdept.fkip.serambimekkah.ac.id/products/pg-slot/ https://engdept.fkip.serambimekkah.ac.id/products/pragmatic-slot/ https://engdept.fkip.serambimekkah.ac.id/products/slot88-resmi/ https://engdept.fkip.serambimekkah.ac.id/products/slot777/ https://pgsoft.poltekkesternate.ac.id/ https://slot-pragmatic.poltekkesternate.ac.id/ http://server-amerika.staimnglawak.ac.id/ https://server-asia.staimnglawak.ac.id/ http://server-brunei.staimnglawak.ac.id/ http://server-china.staimnglawak.ac.id/ http://server-dubai.staimnglawak.ac.id/ http://server-eropa.staimnglawak.ac.id/ http://server-filipina.staimnglawak.ac.id/ http://server-hongkong.staimnglawak.ac.id/ http://server-internasional.staimnglawak.ac.id/ http://server-jepang.staimnglawak.ac.id/ http://server-kamboja.staimnglawak.ac.id/ http://server-malaysia.staimnglawak.ac.id/ http://server-asia.stikesserulingmas.ac.id/ http://server-amerika.stikesserulingmas.ac.id/ http://server-brunei.stikesserulingmas.ac.id/ http://server-china.stikesserulingmas.ac.id/ http://server-filipina.stikesserulingmas.ac.id/ http://server-eropa.stikesserulingmas.ac.id/ http://server-hongkong.stikesserulingmas.ac.id/ http://server-internasional.stikesserulingmas.ac.id/ http://server-jepang.stikesserulingmas.ac.id/ http://server-kamboja.stikesserulingmas.ac.id/ http://server-malaysia.stikesserulingmas.ac.id/ http://server-myanmar.stikesserulingmas.ac.id/ http://server-rusia.stikesserulingmas.ac.id/ http://server-singapore.stikesserulingmas.ac.id/ http://server-taiwan.stikesserulingmas.ac.id/ http://server-thailand.stikesserulingmas.ac.id/ http://server-vietnam.stikesserulingmas.ac.id/ http://slot-luar-negeri.stikesserulingmas.ac.id/ >http://server-luar.diskan-kotabarukab.info/ http://server-amerika.zainalhakim.web.id/ http://server-asia.zainalhakim.web.id/ http://server-brunei.zainalhakim.web.id/ http://server-china.zainalhakim.web.id/ http://server-dubai.zainalhakim.web.id/ http://server-eropa.zainalhakim.web.id/ http://server-filipina.zainalhakim.web.id/ http://server-hongkong.zainalhakim.web.id/ http://server-internasional.zainalhakim.web.id/ http://server-jepang.zainalhakim.web.id/ http://server-kamboja.zainalhakim.web.id/ http://server-malaysia.zainalhakim.web.id/ http://server-myanmar.zainalhakim.web.id/ http://server-rusia.zainalhakim.web.id/ http://server-singapore.zainalhakim.web.id/ http://server-taiwan.zainalhakim.web.id/ http://server-thailand.zainalhakim.web.id/ http://server-vietnam.zainalhakim.web.id/ https://smarttkj.my.id/ slot luar negeri server myanmar https://ikestmp.ac.id/wp-content/gacor2024/ >https://ikestmp.ac.id/wp-content/plugins/amerika/ http://server-amerika.bankjogja.com/ http://server-asia.bankjogja.com/ http://server-china.bankjogja.com/ http://server-dubai.bankjogja.com/ http://server-eropa.bankjogja.com/ http://server-filipina.bankjogja.com/ http://server-hongkong.bankjogja.com/ http://server-internasional.bankjogja.com/ http://server-jepang.bankjogja.com/ http://server-kamboja.bankjogja.com/ http://server-korea.bankjogja.com/ http://server-luar.bankjogja.com/ http://server-macau.bankjogja.com/ http://server-malaysia.bankjogja.com/ http://server-myanmar.bankjogja.com/ http://server-prancis.bankjogja.com/ http://server-rusia.bankjogja.com/ http://server-sensasional.bankjogja.com/ http://server-taiwan.bankjogja.com/ http://server-thailand.bankjogja.com/ http://server-vietnam.bankjogja.com/ http://slot-thailand.darussalamlahat.ponpes.id/ http://slot-kamboja.darussalamlahat.ponpes.id/ http://server-amerika.darussalamlahat.ponpes.id/ http://server-asia.darussalamlahat.ponpes.id/ http://server-brunei.darussalamlahat.ponpes.id/ http://server-china.darussalamlahat.ponpes.id/ http://server-dubai.darussalamlahat.ponpes.id/ http://server-eropa.darussalamlahat.ponpes.id/ http://server-filipina.darussalamlahat.ponpes.id/ http://server-hongkong.darussalamlahat.ponpes.id/ http://server-internasional.darussalamlahat.ponpes.id/ http://server-jepang.darussalamlahat.ponpes.id/ http://server-korea.darussalamlahat.ponpes.id/ http://server-malaysia.darussalamlahat.ponpes.id/ http://server-myanmar.darussalamlahat.ponpes.id/ http://server-prancis.darussalamlahat.ponpes.id/ http://server-rusia.darussalamlahat.ponpes.id/ http://server-singapore.darussalamlahat.ponpes.id/ http://server-taiwan.darussalamlahat.ponpes.id/ http://server-vietnam.darussalamlahat.ponpes.id/ http://slot88.stikesserulingmas.ac.id/ http://link-slot-gacor-terbaru.stikesserulingmas.ac.id/ http://slot-terbaik-2024.stikesserulingmas.ac.id/ http://pgsoft.stikesserulingmas.ac.id/ http://server-luar.stikesserulingmas.ac.id/ http://situs-paling-gacor.stikesserulingmas.ac.id/ server jepang server luar server luar server kamboja slot amerika slot asia slot eropa slot filipina slot jepang slot kamboja slot korea slot malaysia slot myanmar slot vietnam slot luar negeri slot gacor maxwin slot thailand slot amerika slot asia slot dubai slot eropa slot flipina slot internasional slot jepang slot malaysia slot myanmar slot sensasional slot amerika slot asia slot eropa slot flipina slot jepang slot kamboja slot korea slot malaysia slot myanmar slot vietnam slot amerika slot asia slot eropa slot filipina slot jepang slot kamboja slot korea slot malaysia slot myanmar slot vietnam slot thailand server thailand slot server thailand akun pro thailand slot gacor maxwin maxwin slot slot88 resmi pgslot https://misej.undip.ac.id/produk/server-amerika/ https://misej.undip.ac.id/produk/server-asia/ https://misej.undip.ac.id/produk/server-brunei/ https://misej.undip.ac.id/produk/server-china/ https://misej.undip.ac.id/produk/server-dubai/ https://misej.undip.ac.id/produk/server-eropa/ https://misej.undip.ac.id/produk/server-filipina/ https://misej.undip.ac.id/produk/server-hongkong/ https://misej.undip.ac.id/produk/link-slot-internasional/ https://misej.undip.ac.id/produk/server-jepang/ https://misej.undip.ac.id/produk/server-malaysia/ https://misej.undip.ac.id/produk/server-myanmar/ https://misej.undip.ac.id/produk/server-korea/ https://misej.undip.ac.id/produk/server-rusia/ https://misej.undip.ac.id/produk/server-singapore/ https://misej.undip.ac.id/produk/server-taiwan/ https://misej.undip.ac.id/produk/server-vietnam/ https://misej.undip.ac.id/produk/slot-luar-negeri/ slot luar negeri slot bca slot bni slot bri slot isaku slot mandiri slot sakuku slot asiaserver malaysia server filipina server singapore server hongkong server jepang server amerika server eropa server myanmar server rusia server internasional server malaysia server filipina server singapore server hongkong server jepang server amerika server eropa server myanmar server rusia server internasional slot server amerika slot server asia slot server brunei slot server china slot server eropa slot server filipina slot server hongkong slot server internasional slot server jepang slot server kamboja slot server korea slot server malaysia slot server myanmar slot server rusia slot server singapore slot server taiwan slot server thailand slot server vietnam slot server dubai slot amerika slot australia slot china slot eropa slot filipina slot hongkong slot jepang slot kamboja slot myanmar slot rusia slot dana slot bank jago slot gopay slot isaku slot linkaja slot ovo slot qris slot sakuku slot seabank slot shopeepay slot doku slot bank jago slot dana slot gopay slot linkaja slot ovo slot qris slot sakuku slot seabank slot shopeepay server taiwan server asia server prancis server korea server luar-negeri server thailand server dubai server china server kamboja slot server amerika slot server china slot server eropa slot server filipina slot server jepang slot server kamboja slot server luar slot server malaysia slot server myanmar slot server thailand slot amerika slot china slot eropa slot filipina slot hongkong slot jepang slot kamboja slot malaysia slot myanmar slot thailand slot server amerika slot server eropa slot server kamboja slot server malaysia slot server thailand slot gacor maxwin slot server amerika slot server eropa slot server filipina slot server hongkong slot server jepang slot server kamboja slot server malaysia slot server myanmar slot server thailand slot amerika slot eropa slot rusia slot jepang slot asia slot kamboja slot luar slot china slot malaysia slot dubai slot myanmar slot kamboja slot jepang slot amerika slot eropa slot kamboja slot malaysia slot thailand slot amerika slot china slot eropa slot filipina slot hongkong slot jepang slot kamboja slot malaysia slot myanmar slot thailand slot amerika slot china slot dubai slot eropa slot filipina slot hongkong slot korea slot malaysia slot prancis slot vietnam slot amerika slot asia slot eropa slot filipina slot jepang slot kamboja slot korea slot malaysia slot myanmar slot vietnam slot amerika slot amerika slot china slot eropa slot filipina slot hongkong slot jepang slot kamboja slot malaysia slot myanmar slot vietnam slot amerika slot amerika slot china slot eropa slot filipina slot hongkong slot jepang slot kamboja slot malaysia slot myanmar slot vietnam slot amerika slot kamboja slot luar slot malaysia slot thailand slot amerika slot asia slot eropa slot filipina slot jepang slot kamboja slot korea slot malaysia slot myanmar slot vietnam slot amerika slot eropa slot filipina slot hongkong slot jepang slot amerika link slot asia slot china slot eropa slot filipina slot hongkong slot jepang slot kamboja slot malaysia slot myanmar slot amerika link slot asia slot china slot eropa slot filipina slot jepang slot amerika link slot asia slot china slot eropa slot filipina slot hongkong slot jepang slot kamboja slot malaysia slot myanmar slot amerika link slot asia slot china slot eropa slot filipina slot hongkong slot jepang slot kamboja slot malaysia slot myanmar slot amerika link slot asia slot china slot eropa slot filipina slot hongkong slot jepang slot kamboja slot malaysia slot myanmar