Automation software addresses pain points in manufacturing,
retail banking and higher education
Xerox (NYSE:XRX) today launched 15 new workflow solutions that
automate the way organizations cope with globalization, meet
increasing compliance requirements and exceed customer demands.
The new suite of Xerox solutions stretches across three
industries – manufacturing, retail banking and higher education –
to transform manual, error-prone processes into automated and
accurate approaches that take minutes instead of days. In addition,
these automation solutions organize vital information originating
from multiple sources – both paper and digital in nature – enabling
organizations to serve up content across multiple channels.
“With more people using mobile and digital devices in the
workplace, businesses are increasingly facing expectations from
employees and customers to accelerate the digital transformation,”
said Mike Feldman, president, Large Enterprise Operations, Xerox.
“These 15 new solutions not only simplify and speed up complex
processes, they also empower organizations to interact with their
customers, employees and suppliers regardless of platform.”
Reviving Innovation in Product Output
IndustryWeek estimates manufacturers who digitize their
processes can increase efficiency by 82 percent1. For instance,
redesigning a product like a mobile phone, which can contain up to
350 different parts, sets off a barrage of documentation, such as a
description of the proposed changes, tracking of affected parts,
approval forms and directions for implementing the change. Add in
the need for global collaboration, and it’s easy to see how an
automated, streamlined system can cut time and cost.
To help bring products to market faster, reduce cost structures,
grow sales and create more competition, Xerox introduced five new
automation solutions for leaner manufacturing. For more information
on each, visit http://xerox.bz/1XmNNU4.
Personalizing Banking Across Digital Screens
Banks are expanding their omnichannel capabilities, enabling
customers to complete banking transactions on a variety of
different screens such as mobile devices, online portals and smart
ATMs. With its new fraud management and client onboarding
solutions, Xerox is helping banks provide increased fraud
protection and a cohesive customer service experience across
multiple platforms. Additionally, Xerox’s new solution for
compliance and records management keeps track of critical
documentation and will automatically alert employees if data is
misplaced.
For more information about all three new automation solutions
for retail banking, visit http://xerox.bz/1sBxp74.
Reinvesting in Students
Since 1978, college tuition and fees have increased by a
whopping 1,120 percent2. Xerox’s new higher education solutions –
such as financial aid processing, which helps financial aid
packages get to prospective students faster – helps colleges and
universities provide students with accessible, affordable and
engaging education.
The Xerox solutions can reduce or eliminate manual data entry
for college admission offices. Additionally, financial aid, billing
and other related processes move faster and are less prone to
errors when aided by automation.
For more information on these seven new automation tools that
touch every facet of higher education, visit
http://xerox.bz/1TrktKT.
“Organizations now have greater options to phase out
inefficient, paper-based and mistake-prone manual processes,” said
Holly Muscolino, Research Vice President, Document Solutions, IDC.
“Xerox has expanded its scope to serve three more industries, which
are typically disadvantaged by their paper-based workflows, to
offer digital and automated alternatives – enabling them to get
work done faster and at a lower cost. By continuing its investment
in automation solutions for vertical markets, Xerox maintains a
leadership position among vendors for document technology.”
Each workflow solution is configurable with professional
services support for design, delivery and implementation.
Availability
The retail banking, manufacturing and higher education solutions
are available in North America and Xerox Europe beginning
today.
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About Xerox
Xerox is helping change the way the world works. By applying our
expertise in imaging, business process, analytics, automation and
user-centric insights, we engineer the flow of work to provide
greater productivity, efficiency and personalization. Our employees
create meaningful innovations and provide business process
services, printing equipment, software and solutions that make
a real difference for our clients and their customers in 180
countries. On January 29, 2016, Xerox announced that it plans to
separate into two independent, publicly-traded companies: a
business process outsourcing company and a document technology
company. Xerox expects to complete the separation by year-end
2016. Learn more at www.xerox.com.
1 “How Manufacturers Use IoT for Operational Efficiencies.” By
Yaniv Vardi, IndustryWeek. October 2015.2 “Will Tuition Ever Stop
Increasing?” By Amanda Reaume, USA Today. November 2014.
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version on businesswire.com: http://www.businesswire.com/news/home/20160519006103/en/
Media:XeroxBob Wagner,
585-422-5721robert.wagner@xerox.comorText100 for XeroxStephanie
Colpo, 585-697-2618stephanie.colpo@text100.com
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