Artificial Intelligence Intelligent Process Automation Machine Learning Robotic Process Automation 3 Essential Factors in the Intelligent Automation Build vs. Buy Decision November 13, 2020 by adamdev Like most any company in the artificial intelligence space, a question we often deal with from potential customers looking at process automation tools is, āCanāt I just build this myself?āĀ The answer is, sure, of course you can, if youāve got enough data science expertise in-house. But the sticking point is whether it makes sense […] Read more Ā»
Commercial Banking Financial Services Intelligent Process Automation Robotic Process Automation Use Case Combining IPA & RPA to Automate Lockbox Processing November 5, 2020 by adamdev In yet another example of an automation use case where robotic process automation (RPA) alone cannot get the job done, this week we bring you an example from the financial services realm: lockbox processing. Itās an example of a process that requires an intelligent automation tool to āreadā documents that include unstructured content, in this […] Read more Ā»
Insurance Intelligent Process Automation Robotic Process Automation Use Case RPA and Insurance Claims Processing: Unstructured Data Automation Requires AI October 27, 2020 by adamdev Our last post discussed how companies often find automation solutions that enable them toĀ address rather simple use cases involving structured data but hit the wall when it comes to more complex processes. Using robotic process automation for insurance claims automation is one such instance where that’s often the case.Ā It’s an issue because insurance companies […] Read more Ā» insurance claims automation robotic process automation
Intelligent Process Automation Robotic Process Automation Building an Automation COE Part 2: Beyond RPA, on to Unstructured October 20, 2020 by adamdev An issue that often comes up when I talk to customers is how to proceed after they exhaust quick wins with robotic process automation (RPA) projects and want to start tackling āDay 2ā issues, including processes involving unstructured content. This is an instance where itās helpful to have an automation Center of Excellence, or COE. […] Read more Ā»
Insurance Intelligent Process Automation Use Case How Intelligent Automation Helps Insurers Process Workersā Comp Claims October 13, 2020 by adamdev Of all the processes a commercial insurance company has to deal with, workersā compensation claims are perhaps the most complex and time-consuming, making it a great candidate for an emerging branch of artificial intelligence technology: claims process automation. To understand why, letās look at how a workersā comp claim typically evolves. After someone gets hurt […] Read more Ā» insurance claims processing Intelligent automation Intelligent process automation workers' comp claims
Commercial Banking Intelligent Process Automation Robotic Process Automation Use Case Donāt Labor over LIBOR: Meet the Looming Deadline with Intelligent Automation September 30, 2020 by adamdev In 2017 a UK-based regulatory group announced the LIBOR interest rate benchmark would be phased out at the end of 2021. With that date rapidly approaching, banks and financial institutions around the globe are scrambling to determine their exposure ā a task thatās tailor-made for intelligent automation solutions. How we got here: LIBOR background Since […] Read more Ā»
Insurance Intelligent Process Automation Use Case Reduce Loss Run Reporting Costs with Intelligent Automation September 24, 2020 by adamdev One of the thorniest parts of the commercial insurance underwriting process is getting an accurate picture of the applicantās loss history, generally gleaned from loss run reports. But it can be cumbersome to collect all the reports and accurately extract data from them for input into the underwriting system, making it an excellent candidate for […] Read more Ā» insurance insurance automation Intelligent automation Intelligent process automation loss run reports
Commercial Banking Intelligent Process Automation Use Case 3 Use Cases for Intelligent Document Processing for Commercial Banking September 10, 2020 by adamdev In our never-ending search for intelligent process automation software use cases, commercial banking automation is among the most complex we’ve found. Ā From banking financial document automation to issuing commercial mortgages to meeting stringent anti-money laundering and āknow your customerā requirements, commercial banking processes involve untold numbers of documents, making them perfect candidates for automation.Ā For […] Read more Ā»
Featured Writers Intelligent Process Automation Opinion Piece How to Build an Intelligent Process Automation Center of Excellence – Part 1 August 25, 2020 by adamdev This article was writtenĀ by Vishesh Bhatia of Cognizant’s automation advisory services team in the intelligent automation practice. With over 12 years of management consulting experience across industries, with a central theme being operational excellence through automation. Vishesh led his first automation program at Cognizant 8 years ago when automation wasn’t yet a buzzword. Starting his […] Read more Ā»
Citizen Developer Data Science Intelligent Process Automation Machine Learning How Intelligent Process Automation Enables Citizen-led AI Development August 24, 2020 by adamdev A longstanding problem that has plagued artificial intelligence projects, including document process automation, is complexity. Essentially, the issue is thereās a disconnect between the business people who understand the process and the data scientists charged with automating it. Trying to translate between the two becomes, to put it politely, challenging. In many cases, companies are […] Read more Ā»
