Reference Case
Client profile
Client: ABN AMRO
Industry: Banking & Financial Services
Process: Mid- and Back-office Operations
Client: ABN AMRO
Industry: Banking & Financial Services
Process: Mid- and Back-office Operations
ABN AMRO operations fulfill all mid- and back–office processes of the bank. This includes processes in the areas of investment products, standard and customized credits and generic customer processes. These processes need to be analyzed on conformance and performance.
Analyzing these processes manually would result in a large amount of manual work and human error.
Using Celonis as a Process Mining tool, process analysts were able to check the compliance of new processes using the Process Explorer. Continuous improvements in the configuration were provided to the process engineers, who were able to make processes more efficient and increase customer experience.
Processes are monitored continuously for improvements and automation
Using the Celonis Process AI, bottlenecks in processes were easily found. Cases were prevented from unnecessary looping in activities which reduced the amount of manual work to repair. This led to a large reduction in lead time after 2 months of implementation. Therefor a successful Proof of Value had been provided and completed.
Reduction in lead time for one of the largest processes
Celonis has the capability to easily check the conformance of each dossier within a (new) process. ABN AMRO needed to get insight into their processes as-is and can act upon improvement and automation opportunities that Celonis suggests from the data.
Therefore management takes data-driven decisions based on process insights from customized Celonis dashboards.
Improvement initiatives implemented
A federated CoE (Center of Excellence) in the operations department helps accelerate the bank-wide rollout of Celonis Process Mining by centralizing expertise, promoting knowledge sharing, and ensuring consistent implementation, resulting in improved operational efficiency and process optimization across the business.
Using Celonis, we can easily track our processes and quickly identify bottlenecks, thereby reducing throughput time and increasing the success ratio and efficiency of our processes."
We are here to help you.