Blog: Top 3 Private Equity Use Cases for Intelligent Automation

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Top 3 Private Equity Use Cases for Intelligent Automation

By Albert Nguyen, Bits In Glass

A private equity firm, by definition, is an investment management company that provides financial backing and/or makes investments in companies through a variety of strategies including mergers, acquisitions, leveraged buyouts, venture and growth capital, and more.

One of the major aspects of a private equity firm’s daily operations involves making many complex and important financial calculations. These calculations include determining and/or adjusting compensation for employees, outlining ownership allocations related to the acquisition or merging of companies, and more. To make these calculations, many private equity firms use spreadsheets and manual processes that are time-consuming and prone to errors.

The Wall Street Journal predicted that private equity firms will be inundated with investment deals in 2021 after the pandemic slowdown. The increased volume of deals will require a more efficient and productive way of processing calculations.

Luckily, technology is here to help! Intelligent automation, commonly referred to as IA, integrates software robots into business processes to automate and improve business operations. Plus, it also learns and continues to improve the automation(s) over time.

Let’s dive into three ways private equity firms can use IA to optimize crucial processes:

  1. Compensation
  2. Employee onboarding adn offboarding
  3. Merger and acqusition (M&A) allocation

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About the author

Albert is an Associate Director responsible for implementation delivery, professional and consulting services, and business development. He has experience/expertise/specializes in corporate strategy, program and project management, risk and scope management, contract negotiations, and various SDLC methodologies. During his time at BIG, he has worked with clients in property management, financial services, legal, government, and other industries. Outside of work, he enjoys/does spending time with his wife and newborn baby, and cheering for his beloved (but cursed) Dallas sports teams. Read more from Albert here.