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Intelligent Process Automation (IPA) combines artificial intelligence (AI) technologies with automation like robotic process automation (RPA) to enable organizations to respond to the real-time requirements of their customers and business.
Tools such as Intelligent Document Processing (IDP), task and processing mining, and predictive analytics provide new approaches to helping businesses gain greater control over business operations and find much simpler ways to automate and improve processes and decision making.
Before you can automate or improve your processes, you must understand them. Intelligent Process Automation provides the tools to gain a full understanding of your business processes and the data that drives them. This insight is what enables you to drive down operating costs or speed up cycle times as needed.
Over 80 percent of business processes are document-centric, according to Gartner. Content is the fuel of business processes—but most of it is locked in documents. Intelligent Document Processing gives you the key to unlock that data and use it as your competitive advantage in performance and understanding.
Process and task mining tools provide detailed data about business processes that shows where they are working and where time and money are being wasted. This insight enables businesses to perfect process performance and optimize the use of resources. Predictive analytics make decision-making about technology investments easy.
ABBYY applies AI and ML to RPA and document automation systems to give organizations complete visibility and control over their processes and the data that drives them. ABBYY has extensive technology leadership in the IPA market with more than 400 patents and patent applications.
ABBYY Vantage applies AI to understand your documents in a fast and simple way. Using pre-built document skills, Vantage enables straight-through document processing by making human-like decisions about documents, regardless of their structure, size, or complexity. The ABBYY Marketplace holds a library of Vantage document skills for Financial Services, Insurance, Finance & Accounting, and more. Simply show us your document, select a skill, and get started processing immediately—no coding required.
ABBYY Timeline is a cloud-based process mining platform featuring advanced process discovery, analysis, monitoring, and task mining. It uses the latest AI to enable enterprises to automatically build an interactive digital twin of their business processes, revealing inefficiencies and process bottlenecks. With this insight, they can apply automation where it will have the greatest impact and predict future outcomes.
ABBYY's Intelligent Process Automation solution can be utilized in a wide variety of industries. If there is a process that needs to be improved or a document that needs to be processed, Intelligent Process Automation can help.
IPA is used to improve process performance and profitability in customer onboarding, trade finance, and Know Your Customer (KYC) processes.
IPA is used to reduce manual tasks in insurance processes such as claims processing, policy administration, and forms processing.
IPA is used to improve the patient experience in processes like scheduling, billing, and patient registration.
Shippers and supply chain organizations use Intelligent Process Automation for data entry, order management, and invoice processing.
Intelligent process automation comprises the following advanced tools and technologies:
IPA can apply to a broad array of use cases across several industries, including the following:
IPA leverages artificial intelligence in two capacities:
IPA can support scaling of robotic process automation in several ways:
Find out how ABBYY Intelligent Process Automation solutions can address your needs.
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