Commercial Banking Intelligent Process Automation Use Case How Automation Eases the Pain of Commercial Bank Customer Onboarding July 30, 2020 by adamdev Weāve written before about howĀ intelligent process automation is a boon for banksĀ and other financial institutions. Weāre taking a deeper dive into how intelligent process automation helps with a particularly complex and expensive process for commercial banks: customer onboarding.Ā For commercial banks, the customer onboarding process involves no fewer than eight steps, according to Deloitte white […] Read more Ā» banking customer onboarding deloitte new account opening process automation
Announcements Indico Intelligent Process Automation Indico Announces Launch of Indico IPA 4.0 July 28, 2020 by adamdev Significant enhancements to flagship product delivers end to end document understanding and digitization as enterprise Hyperautomation continues to accelerate BOSTON, July 20, 2020 ā Indico, a provider of intelligent process automation for the intake, understanding, and digitization of document-based workflows today announced the release of the newest version of their flagship product, Indico IPA.Ā Version […] Read more Ā»
Artificial Intelligence Intelligent Process Automation Machine Learning Not All Intelligent Process Automation Requires Million-dollar Hardware June 29, 2020 by adamdev While the artificial intelligence market is unquestionably enjoying rapid growth, cost is a gating factor that gives some companies pause. Itās understandable given the price tag for software and hardware required to run some complex AI applications, notably those involving deep learning. But when it comes to intelligent process automation (IPA), it doesnāt have to […] Read more Ā»
Artificial Intelligence Intelligent Process Automation Structured to Unstructured Content: Finding the Right Process Automation Tool June 11, 2020 by adamdev Companies often struggle with understanding which tool is best for the use case they have in mind as they’re exploring intelligent document processing tools. It’s understandable, given that the landscape of documents users are dealing with ranges from highly structured W-2 forms to ungainly, inherently unstructured financial reports. The potential solutions likewise run the gamut. […] Read more Ā» Intelligent document processing process automation tools unstructured content
Artificial Intelligence Intelligent Process Automation Machine Learning How IPA Addresses Model Maintenance ā the Achilles Heel of Templated Automation Approaches June 5, 2020 by adamdev In recent talks with customers about intelligent document processing a topic thatās been coming up frequently is model maintenance or, more accurately, model degradation. The issue is, a company creates a template to automate a given process, it works for a while, but changes come along and the model essentially breaks. So now the company […] Read more Ā»
Artificial Intelligence Business Financial Services Intelligent Process Automation Machine Learning Robotic Process Automation Process Automation Comes to ISDA Master Agreements May 22, 2020 by adamdev The financial world is rife with various types of documents. Still, perhaps none is so vexing as the ISDA Master Agreement, a long, detailed document that typically requires careful manual intervention to process ā making it a great candidate for intelligent document processing. Published by the International Swaps and Derivatives Association (ISDA.org), the ISDA Master […] Read more Ā» financial process automation financial Services Intelligent process automation
Business Financial Services Insurance Intelligent Process Automation Digital Mailrooms: Intelligent Process Automation Cleans out Email In-boxes May 18, 2020 by adamdev As companies look to cut costs for centralized contact centers, they are increasingly looking for ways to encourage customers and prospects to interact with them in ways other than by phone, which is the most expensive avenue. As a result, corporate email in-boxes ā also known as ādigital mailroomsā ā are being flooded with messages, […] Read more Ā»
Artificial Intelligence Business Intelligent Process Automation How Intelligent Process Automation Addresses the AI Data Problem April 20, 2020 by adamdev Companies looking to make effective use of artificial intelligence (AI) face a big problem: data ā as in, AI solutions often require too much of it to create effective models.Ā Letās say youāre trying to create a model to automate the mortgage underwriting process. The process typically involves a human looking over lots of documents […] Read more Ā»
Financial Services Intelligent Process Automation Machine Learning Bringing Intelligent Process Automation to Financial Document Analysis April 2, 2020 by adamdev The investment industry relies heavily on data and has long been a leader in using technology to collect, analyze and distribute financial data. It may be surprising, then, that automation has largely escaped the process of culling actionable data from an investment staple: SEC quarterly earnings reports (specifically, 10-Q and annual 10-K forms).Ā The […] Read more Ā»
Business Insurance Intelligent Process Automation Text Data Use Case Process Automation for Insurance Providers Requires a Heavy Dose of Intelligence March 18, 2020 by adamdev Intelligent automation can help insurance companies accurately automate insurance claims processing, a big step toward bringing digital transformation across the insurance value chain. Read more Ā»
