Over the past five years, Robotic Process Automation (RPA) has changed a lot. It started with basic tasks on our computers, and now it's a crucial part of how companies manage their work behind the scenes. And guess what? There's something new and exciting happening now – Generative AI is joining [...]
In the past, the loan origination process was known for its complexity and lengthy procedures, posing challenges for both lenders and borrowers in the commercial sector. However, with technological advancements in recent times, there has been a transformative shift towards digitization, leading to significant improvements in the lending industry. This digitization [...]
In the healthcare industry providing valuable patient care requires constant management of multiple healthcare processes. Healthcare agents have to shuffle from one process to another like a running clock. To make sure every process is running on time, healthcare providers need constant manual effort, time, and speed. However, manually making sure [...]
The inception of online banking has revolutionized customer access to accounts and transactions through personal computers and smart devices. Subsequently, mobile banking emerged in the 2000s, empowering customers to conduct transactions conveniently on their smartphones. In today's banking industry, diverse forms of AI, notably machine learning (ML), play a pivotal role [...]
Healthcare providers deal with a high volume of crucial patient documents, medical records, electronic health records, billing documents, claims insurance data, and many others each year. All this data necessitates manual review to understand their contents and relevant context accurately. This labor-intensive process is time-consuming and entails substantial financial investment on the [...]
The insurance industry heavily relies on standardized processes and systems, making it vulnerable to fraudulent activities. With the implementation of new digital initiatives, the occurrence of fraud has increased, posing a significant threat. According to a survey conducted by Deloitte India, the surge in fraud cases can be attributed to three [...]
Healthcare providers are focusing on minimizing inefficiencies in treatment delivery, which involves streamlining tasks such as appointment scheduling, data sharing between applications, reducing wait times, and improving financial management processes. Across the healthcare sector, numerous possibilities exist to enhance manual and redundant processes, ultimately allowing healthcare professionals to dedicate more time [...]
Intelligent Document Processing: The Complete Guide As we step into the sixth decade of the information age, data has emerged as a valuable currency in the business world. However, a large portion of a company's data is in an unstructured format, primarily consisting of written text [...]
Many companies are seeking ways to improve their products while dealing with limited time and workforce. As a result, the automation of day-to-day work has become a priority. Application performance monitoring, including software development and testing, heavily relies on human resources. However, certain aspects, such as monitoring, tracking, and alerting, can [...]
Employee onboarding refers to the process of integrating and acclimating new employees into an organization. It involves providing them with the necessary tools, resources, and information to become productive members of the team while familiarizing them with the organization's culture, values, policies, and procedures. As per the report, 88% of organizations [...]
