Insurance Intelligent Process Automation Use Case How Intelligent Automation Helps Insurers Process Workers’ Comp Claims October 13, 2020 by jeremystinson Of all the processes a commercial insurance company has to deal with, workers’ 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, let’s look at how a workers’ comp claim typically evolves. After someone gets hurt […] Read more » insurance claims processing Intelligent automation Intelligent process automation workers' comp claims
Commercial Banking Intelligent Process Automation Robotic Process Automation Use Case Don’t Labor over LIBOR: Meet the Looming Deadline with Intelligent Automation September 30, 2020 by jeremystinson 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 – a task that’s tailor-made for intelligent automation solutions. How we got here: LIBOR background Since […] Read more »
Insurance Intelligent Process Automation Use Case Reduce Loss Run Reporting Costs with Intelligent Automation September 24, 2020 by jeremystinson One of the thorniest parts of the commercial insurance underwriting process is getting an accurate picture of the applicant’s 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 » 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 jeremystinson In our never-ending search for intelligent process automation software use cases, commercial banking automation is among the most complex we’ve found. From banking financial document automation to issuing commercial mortgages to meeting stringent anti-money laundering and “know your customer” requirements, commercial banking processes involve untold numbers of documents, making them perfect candidates for automation. For […] Read more »
Commercial Banking Intelligent Process Automation Use Case How Automation Eases the Pain of Commercial Bank Customer Onboarding July 30, 2020 by jeremystinson We’ve written before about how intelligent process automation is a boon for banks and other financial institutions. We’re taking a deeper dive into how intelligent process automation helps with a particularly complex and expensive process for commercial banks: customer onboarding. For commercial banks, the customer onboarding process involves no fewer than eight steps, according to Deloitte white […] Read more » banking customer onboarding deloitte new account opening process automation
