Tag: process automation

Intelligent Automation: Hyperautomation or Just Hype

November 17, 2020

Many terms describe the automation trend used by various organizations: Intelligent Automation, Cognitive Automation, Cognitive RPA, and even Hyperautomation. These are all variations on a theme, even if each source promoting them tries to distinguish them from each other. The bottom line is that Intelligent Automation is the combination of the process automation with some type of decision (inference) capability, typically Artificial Intelligence (AI). AI could be machine learning, deep learning, cognitive vision, etc. that infers a decision using data versus traditional programming. We will use Hyperautomation interchangeably with Intelligent Automation for practical purposes.

We explore how Intelligent Automation is achieved.

Leveraging Automation to Improve Compliance – KYC

October 21, 2020

Automation transforms businesses. By targeting manual, repetitive, and routine processes, automation lowers cycle time, and reduces errors. At the same time, it decreases the amount of human effort. Reducing errors also lowers cost by removing the time/effort to remediate human errors in the process. There are many areas in an enterprise that can benefit from automation. In the Financial Services industry, compliance and risk management presents a key area…
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Should I do an RPA Proof of Concept?

June 20, 2020

We often hear the question, “Why do an RPA proof of concept (POC)? Doesn’t RPA work right out of the box?” Improving your chances for success Companies that do an RPA POC have a much better chance of achieving success in their RPA initiatives. The POC process lays the groundwork for a larger automation program…
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Creating an Automation Business Case for Accounts Payable

May 24, 2019

Intro In the previous post, “Creating Process efficiency in Accounts Payable with Process Automation, we demonstrated a digital transformation to improve Accounts Payable (AP) using process automation.   Automation is a type of transformative process solution enabling shorter cycle times, a higher level of data quality, and fewer human resources to create efficiency.   For example,…
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Cognitive Automation – Intelligent Automation – Part 2

April 10, 2019

As mentioned in the previous article, Intelligent Automation is the intersection of process automation, and artificial intelligence (AI) technologies. In part 1, we talked about the role of RPA as a driver in improved quality, improved efficiency, and lowering the cost of business.  This is achieved by software that can script every day human-computer tasks…
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