In Singapore’s dynamic financial landscape, pursuing regional excellence in Asia Pacific presents ongoing challenges for any financial services institution. With the rise of new digital disruptors, financial professionals work overtime to meet rising customer expectations. The demand for productivity and efficiency technology solutions has never been more urgent.
A study by UpSlide has highlighted the excessive time financial professionals spend on low-value-added tasks, particularly on Microsoft 365 document creation and reporting. Nearly 86% of respondents were burdened by these tasks, diverting precious time from essential business activities.
This situation underscores an urgent need for more streamlined tools in financial and professional services, where precision and time management are crucial.
Manual tasks consume time
The study revealed that finance professionals are often engulfed in manual tasks within Microsoft 365 applications, like formatting and proofreading for compliance purposes. The added value and expertise of each individual are often under-used when they focus on tasks that could be automated.
According to …