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1 06, 2017

Quick Wins For Your Business Using AI


An undeniable fact is that every company is trying to find a quick, straightforward way to get an edge in their market. While there are a lot of solutions claiming to have the "Silver Bullet" of seamless automation, the major holdup, even more then money, is the sheer amount of time and disruption to the workplace [...]

5 05, 2017

Accounts Receivable Follow Up – Accounting


  Accounts Receivable staff spends a considerable amount of time chasing payable invoices.  An out of control or aging AR can result in considerable strain on business cash-flows, hence accounting teams are under intense pressure to keep AR Current. This "chasing invoice" activity includes Run the AR Aging report Opening each invoice to check invoice [...]

5 05, 2017

Employee On-Boarding: HR Automation


  Employee On-boarding requires various verifications and data entry into multiple systems. These include, employment and background verification, payroll, and IT provisioning systems to name a few. This can be time consuming. On-boarding activities include: Send and receive on-boarding documents from new employee Perform employment eligibility verification Create employee record in payroll system Enter employee [...]

5 05, 2017

Invoice Processing


  Invoice processing is a time-consuming task.  Invoices need to be scanned and read and various checks need to be applied before these can be entered into the Accounting System. Receive and read invoice Check invoice against vendor and PO Send for approval if discrepancies are found Enter the invoice into the accounting system Mark [...]

30 03, 2017

RPA in Healthcare


While it might not be one of the first industries talked about when considering the implementation of process automation, the healthcare industry is one where RPA has the potential for great transformation. Healthcare, particularly in emerging, or previously under served markets, is an evolving and growth-oriented field, and as the number of patients increases, the need [...]

30 03, 2017

Intro to RPA in Managed Health Care Claims Processing


Programming intricate processes that are required to automate complicated, dynamic, claims in a mainframe claims processing platform is too slow and expensive.  Since most of the decisions necessary to automate a MHC claim are rules based, use structured data, and relate to relatively stable processes, RPA's non-code invasive nature makes the SDLC process unnecessary, which [...]

30 03, 2017

Our Thoughts: Automation Challenges Business Process Outsourcing Industry


The Offshore Business Process Industry is a $63 billion Industry. It grew rapidly over the past 20 years as internet connectivity became mainstream and cost effective worldwide. The underlying premise behind its growth was a relatively infinite availability of cheaper knowledge based, English-speaking labor pools in countries such as the Philippines, India, etc. Most of [...]

30 03, 2017

Robotic Process Automation in the Insurance Industry


A primer on How RPA can help in the Insurance industry --- Robotic Process Automation can free up between 20 and 30 percent of capacity at an enterprise level while also minimizing operational risk and improving the customer experience. Many insurance companies, whether providers of health insurance, car insurance, property insurance, or travel insurance are heavily [...]

30 03, 2017

RPA Market Size Projection – $8.75 Billion by 2024


The global RPA market is expected to reach US $8.75 billion by 2024, according to a new report by Grand View Research, Inc. RPA is maturing in terms of clarity, credibility and applicability, as organizations are increasingly implementing these solutions. RPA is emerging as a disrupting technology with capabilities of providing benefits such as enhanced accuracy, [...]

10 03, 2017

How Artificial Intelligence Is Changing Financial Auditing


If companies and businesses want to ensure future success, it is imperative to accept and embrace the capabilities provided by robots. Artificial intelligence won't always be perfect, but it can dramatically improve your work output and add to your bottom line. It's important to emphasize that the goal is not to curtail employees but to [...]

27 02, 2017

RPA Proving its Transformational Value at a Global Bank


A large global bank sees an increase in efficiency and effectiveness in back and mid office operations by deploying RPA.  "The technology is real. You don't have to spend too much time on experimentation," Dean Mazboudi advises. "Find a valuable use case and pursue it." RPA Proving its Transformational Value at Deutsche Bank Dean Mazboudi has [...]

31 01, 2017

The Robo-Accountants Are Coming


Automation is impacting Accounting Firms and allowing professionals to move from mundane spreadsheet shuffling tasks to meaningful value-added interactions with their customers.  Robotic Process Automation can significantly reduce time and increase efficiencies for accounting professionals by automating manual mundane tasks such as picking samples, payment to invoice matching, calculating materiality, security pricing, cash validation and [...]

31 01, 2017

Before Implementing “Shiny” Technology, Make Sure it Will Actually Benefit Business Operations


For many years, enterprise innovation meant moving certain jobs offshore to produce work faster and at a lower cost. Today, offshoring is no longer a business's best option. With the emergence of enterprise automation technologies, organizations are increasingly leaning toward digital tools to operate more efficiently and effectively, and to ultimately beat out the competition. But [...]

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