Workflow Automation
Workflow automation refers to the use of technology to automate routine business processes such as approvals, notifications, and document routing. In a financial institution's intranet, workflow automation eliminates bottlenecks, reduces errors, and ensures timely, consistent outcomes.
For banks and credit unions, automating workflows helps enforce policies, speed up internal requests, and maintain compliance by tracking every step - from submission to final sign-off.
Why It Matters
Manual workflows waste time and leave gaps in compliance. Automated workflows ensure that tasks follow the correct path, that no steps are missed, and that the right people are always in the loop - backed by full audit trails.
Common Examples
- Policy and procedure updates with multi-stage approvals
- IT ticketing with automatic routing to assigned staff
- New hire onboarding forms with department-specific steps
- Vendor due diligence submissions and approvals
How SimplifyIT Helps
SimplifyIT includes a built-in workflow engine that lets you route forms, require approvals, and track task status. Every step is logged for compliance, and you can tailor workflows to your department's exact needs.