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April 14, 2018

Robotics, AI and Workflow Working Together to Power Innovation

Today’s technology news is filled with references to artificial intelligence (AI)—the latest in Robotics Process Automation (RPA)—but what does this mean for your organization? How difficult is it to access the opportunity and how quickly can your organization realize benefits? What do you need to know?

Employing AI to automate processes enables your organization to capitalize on benefits from data capture intelligence and include leveraging optical character recognition (OCR) capabilities.  When using AI with automated workflow, your capacity to eliminate manual activities, improve throughput and streamline cycle times is vastly improved.

Next, we add RPA to the mix. Tapping capabilities to automate repetitive, manual, labor intensive processes, and accessing these benefits through workflow brings real efficiency and cost reduction to your bottom line. RPA engages your personnel and frees them up to focus on more strategic, intelligent activities that require reasoning.

The software robots can take data from one system and put them into another system as an example. Start with a small repetitive process, using your knowledge of your business rules logic, add RPA and workflow together and reap the benefits.

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How do you make all this work for your organization? You are using AI to grab data from thousands of images adding risk ratings related to the quality of the images and automatically launching workflows for review of exceptions. The RPA takes the standards that passed without exceptions and finishes the process with high quality and quick delivery. The workflow drives the exception processes and ensures the users have the information they need to make critical decisions.

Encouraging your organization to manage processes, data and functionality across multiple systems, automated workflow can integrate AI and RPA when and where it is needed most is extremely powerful.  

Application

Extract data from documents and check against product criteria and compliance requirements. Exceptions are presented in the dashboards in your workflow application for your knowledge workers. 

Processing

Remove redundant tasks, checklist functions and repetitive ordering. Analyze trending patterns to identify defects and prevent non-compliance or fraud.

Underwriting

Alleviate time spent on analysis that does not require the experience and expertise of an underwriter; presenting files in a factual, succinct, compliant manner for strategic review.

Quality

Consistently ensure all checks and balances have been completed. Access and leverage data from multiple systems at once.

Service Delivery

Keep your knowledge workers engaging with customers and business partners.

Business process automation combinedd with AI and RPA are powerful technologies that will improve and innovate your ability to keep pace with the competition. To effectively introduce and leverage AI and RPA functionality, workflow and business logic must be front and center in your organization’s adoption of these technologies. 

Automated workflow helps you capture the future and implement the power to continuously change and grow.

A Primer to Artificial Intelligence in Business

Clarifire and SoftWorks AI have partnered to help your organization realize the future power of these combined technologies.  With operational and regulatory disruption threatening to upset industry balance, the Clarifire/SoftWorks AI partnership will ensure you’re positioned to address information challenges, compliance volatility and change management. Access obscure data, automate document review, increase productivity and drive down costs from a centralized, user-friendly platform.  

Learn more about the partnership here. 

CLARIFIRE is truly “BRIGHTER AUTOMATION®.”

 

 

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Jane Mason | @janemasonceo

Jane has applied her vast experience (over 25 years) operating process-driven businesses to successfully redefine client-focused service. Jane has worked with expert programmers to apply cutting-edge web-based technology to automate complex processes in industries such as Financial Services, Healthcare and enterprise workflow. Her vision confirms Clarifire's trajectory as a successful, scaling, Software-as-a-Service (SaaS) provider. A University of South Florida graduate, Jane has received many awards related to her entrepreneurial skills.
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