At Artsyl, we help to keep our customers and partners up to date about the latest technology and business trends, while sharing the insights, experiences and successes of our community.
While those trends continue to evolve and the digital revolution continues, we believe that the fundamental challenge of transforming structured data (from ERPs and other business systems) and an increasing influx of unstructured data (in the forms of documents, emails, texts, images and other digital sources) into actionable intelligence is one of the biggest hurdles that companies have to overcome to achieve their visions for a more agile, informed and profitable future.
Intelligent capture is the process of identifying and extracting critical information from incoming paper and electronic documents without extensive guidance from a user. When leveraged in combination with content management or business process automation software, organizations can use the extracted data for to automate a process, track key performance indicators (KPIs) or deliver timely business intelligence. When you look at it that way, intelligent capture is the tip of the iceberg when it comes to process automation and intelligence.
We are in the midst of the NEXT digital revolution, as companies look to transform their data and digital assets into business intelligence and automated processes. KEY to achieving the promise of digital transformation is to digitize paper documents, pull together multiple sources of digital documents and data, and transform them into information efficiently and cost effectively. Follow our blog to learn more about how the docAlpha Digital Transformation Platform is part of that revolution.
Next to Digital Transformation, Robotic Process Automation has to be THE hot topic of 2017/2018. RPA focused on automating and adding intelligence to routine business processes in a way that supports a collaboration between humans and artificial intelligence and process automation technology. Artsyl’s docAlpha platform not only digitizes documents and extracts intelligence from documents—it ALSO leverages that data to automate process workflows and deliver timely reporting and intelligence. That’s why we’re so excited about continuing innovations on this front.
When it comes to commercial aircraft, the introduction of modern computerized systems for automatic piloting and throttle control means that for over 90 per cent of some flights, a computer is in control. The rapid evolution of self-driving vehicles is just another reminder that intelligent, automated systems are on course to radically change our personal and professional lives. AI has the potential to influence how technology like Artsyl’s docAlpha Digital Transformation Platform is able to classify a wider range of document types and intelligently extract specific information from an unstructured document. Revolutions in AI and intelligent data extraction will make manual data entry obsolete and errors related to data entry a thing of the past.
Artsyl describes docAlpha, its flagship product, as a digital transformation platform. We build smart process applications on top of that platform to make it easy for companies to quickly configure and deploy a solution to automate a defined business process like invoice or sales order automation.
The term smart process application was coined by analysts at Forrester Research Inc. As the demand for business agility -- and business process software -- increases, smart process applications are expected to change the way employees create, manage and interact with business rules.
To be considered a smart process application, the software must have five key attributes:
For many companies, including most of our clients, automating accounts payable has been the first step in a journey of digital transformation—one that produced a fast return on investment and creates a model for initiatives in other departments and for other processes to boost efficiency, expand process visibility and go from pushing paper to driving innovation.
Sales Order Automation has become an increasingly hot topic for partners and customers who want to increase the efficiency of their sales order process to improve control over cash flow and also gather more data and produce more intelligence and insights around customer buying behavior. Many of our most well-attended Webinar in 2017 have been focused on automated the sales order process.
Medical claims processing suffers from the hallmarks of other back office processes that are prime candidates for process automation—high volumes of transactions, dependence on documents and data, lots of manual task dependencies and a high degree of inefficiency and potential for error. Aside from “horizontal” processes like vendor invoice and sales order automation, medical claim processing represents one of the most promising vertical applications of digital transformation technology and intelligent capture.