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»
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 Robotic Process Automation How Intelligent Automation Tames the Healthcare Document Beast June 22, 2020 by adamdev Few vertical industries are as document-intensive as healthcare, whether on the insurance or provider side. That makes the healthcare industry ripe for tools that can automate insurance claims processing and other tasks. The challenge is heightened because most of the documents in question are unstructured,Ā consisting of text, numbers, and images that vary in nature and […] Read more Ā» claims automation insurance carriers Intelligent process automation unstructured documents
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 Intelligent Process Automation Robotic Process Automation Text Data Use Case 5 Intelligent Automation Use Cases Where Intelligent Process Automation Complements RPA November 14, 2019 by adamdev In a recent post, we explained how intelligent process automation complements robotic process automation and helps companies maximize the return on investment from automation projects. In this post, weāll clue you in on some of the top intelligent automation use cases which combine RPA and IPA solutions. As discussed in the previous post, robotic […] Read more Ā» Intelligent automation Intelligent document processing unstructured
Artificial Intelligence Business Intelligent Process Automation Robotic Process Automation When RPA Meets Its Kryptonite, Apply Intelligent Process Automation October 22, 2019 by adamdev Robotic process automation (RPA) is gaining traction among enterprises, as RPA tools have proven they can streamline repetitive processes and save lots of time. But as more companies implement RPA, theyāre also finding they maximize ROI when they pair it with Intelligent Process Automation (IPA).Ā Ā RPA software revenue grew 63.1% in 2018 to $846 […] Read more Ā»
Business Intelligent Process Automation Robotic Process Automation How Intelligent Process Automation Complements RPA: A Use Case September 19, 2019 by adamdev As weāve discussed previously, intelligent process automation (IPA) does not replace robotic process automation (RPA), but rather complements it by helping RPA applications deal with unstructured data. Robotic process automationĀ technology automates repetitive tasks involving structured data such as spreadsheets, where data is in a predefined place. It can save many hours of human labor […] Read more Ā»