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How Automation is Impacting the Finance Industry (And How to Take Advantage of It)

August 3, 2021

Despite common sci-fi movie tropes to the contrary, the relationship between robots and humans has proven wildly beneficial. Plenty of industries have received productivity and efficiency boosts thanks to automation in various forms. This includes the finance industry.

Indeed, lending and investment entities are beginning to embrace automation at scale. After all, plenty of in-office functions can be replicated and performed by software instead of people. Moreover, as the World Economic Forum pointed out in a 2019 article, 43% of finance organizations’ regular duties were ripe for automation. Consequently, automated workflows could reinvent the ways that businesses and individuals interact with their financial partners.

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