Implementation of Robotics Process Automation Boosts Efficiency at Maitland Group
“Maitland Group Reduces Manual Errors and Increases Efficiency with the Implementation of Robotics Process Automation (RPA)”
Maitland Group, a global advisory, administration, and family office firm, was able to improve the accuracy of NAVs for 500 funds with the implementation of robotic process automation (RPA). Many financial workflows require manual data entry and migration tasks before staff can achieve specific goals. Automating these tasks allows personnel to focus on the essential, judgment-based aspects of their jobs. With the help of the UiPath Platform, Maitland Group successfully automated many of the preliminary processes so fund accountants could allocate their time and energy to verifying 100% accuracy of NAVs. The resulting benefits include reduced risk, more efficiency, and higher employee morale.