The risk of ignoring business process maturity and automation

Back to Main Story:Know your score and get to the “sweet spot”  

Below is a partial list of the many risks a fund faces when it ignores process maturity in terms of procedures, workflow, roles, responsibilities and data:

  • Lack of scalability
  • Lack of security
  • Vulnerable to imputing errors
  • Inefficiency
  • Difficult to collaborate
  • Lack of version control/auditability
  • Lack of timeliness
  • Compounding of errors
  • Negative investors perception
  • Difficult to manually build workflow and rules
  • Unreliable/ungoverned technology
  • No third-party validation