Topic: Robotic Process Automation (RPA)
In Financial Services, We're Losing 8 Hours Per Week Drowning in Documents
How can it be that, in a time when technology envelops our lives, the financial services industry is still so heavily bogged down by time-consuming, manual processes? In processes that we’ve been trying to gain efficiencies for years, such as onboarding, it can still take more than a week—or sometimes, even months to onboard new customers.
No Time to Lose: Solving Document Challenges in Insurance
Insurers today still struggle to deal with the enormous volume of documents that are part of the policy administration and claims lifecycles. So, if insurance organizations—and their staff—see the need for improvement, what’s holding them back?
Failproof Your Success with Intelligent Process Automation
Stricter regulations, the increasing cost of labor, and pressures to improve customer satisfaction through increased speed of delivery are causing businesses to rethink how they do business. How can a company respond to all of these pressures while still remaining profitable?
ABBYY’s Most Read Articles of 2021 Highlight the Power of Intelligent Process Automation
As we march full steam ahead into 2022, we couldn’t help but reflect on how intelligent process automation technology enabled companies to pivot, grow, and focus on their digital transformation journeys. From big product announcements to thought provoking pieces, we had several great articles that unlocked tips and insight to help organizations accelerate their business growth.
Four Steps to Ensuring Process Automation Technology Helps Financial Institutions Win
Financial institutions have the data they need, but often it is stored across different systems of record. Merging these into a holistic view is the best way to protect the business—that's where intelligent process automation can make an impact.
Low-Code / No-Code Intelligent Document Processing for Transportation & Logistics
Agility in document processing matters now more than ever to shippers as a vital link in the supply chain. Eighty percent of business processes are document-driven, which can be the weakest link in a supply chain. What if shippers could have ready-made solutions for these critical documents–solutions with deep understanding of both the operational processes the documents enable and an understanding of these documents as highly variable, constantly changing entities? We have a skill for that.
How Global Logistics Company Deutsche Post DHL Group Reduced Transaction Costs Through Standardized AP Processes
Documents exist in a quarter of business operation scenarios or more. If you pick any industry, you will easily find documents, sometime even paper ones, holding back digital transformation. Deutsche Post DHL Group embarked on their automation project by analyzing their Finance activities to determine which processes and tasks could be automated effectively with RPA.
Essential Skills Needed to Make Procure-to-Pay a Reality
Procure-to-Pay (P2P) has become the Holy Grail of Accounts Payable (AP) automation, whose ultimate value is in delivering the AP department from a cost center to a strategic source of cashflow and profits. Only by gaining visibility and control over the content of your Supply Chain operations (from ordering to shipping, receiving, and ultimately payment) can P2P be achievable.
Leveling Up Document Processing with ABBYY Vantage v2.1
With the release of ABBYY Vantage v2.1, we are introducing more than 50 new enhancements to support your journey forward in solving complex document processing challenges using best-in-class no-code intelligent document processing powered by ABBYY’s leading artificial intelligence (AI) technology.
What Is Intelligent Document Processing, and How Does It Work?
Intelligent Document Processing can deliver significant benefits. By applying document skills in a way that closely supports the way humans understand and manage content, IDP saves time and money while also reducing the risk of costly errors.