What is an LLM, and why is it essential for businesses? Language models are artificial intelligence systems that can understand and generate human-like text. An LLM (Large Language Model) is a type of language model that leverages machine learning algorithms to process and generate natural language texts. Sometimes referred to as Generative AI, these models … Continue Reading
Intelligent automation (also known as intelligent process automation) and artificial intelligence (AI) are revolutionizing organizations, both large and small, by streamlining processes and unlocking new opportunities for efficiency and innovation. This article will delve into intelligent automation, its benefits, in-house intelligent automation platforms vs. Automation as a Service, the relationship between AI and intelligent automation, … Continue Reading
What are the Differences Between the Two Technologies? Robotic Process Automation (RPA) and Intelligent Automation (IA) are two of the most popular approaches to business process automation today. As more and more businesses look to automate repetitive tasks in their day-to-day operations, the differences between RPA and IA have become increasingly important to understand. This … Continue Reading
Intelligent Document Processing (IDP) is an emerging technology that automates manual document processing tasks. IDP can benefit small and medium-sized enterprises (SMEs) business operations by increasing accuracy, reducing costs, and improving efficiency. IDP can extract data from various types of documents, such as invoices, purchase orders, new hire forms, and payroll documents, and convert it … Continue Reading
Intelligent Automation (IA) benefits have been proven in both small and large organizations. A recent study by Deloitte states that 78% of global organizations are already taking advantage of these benefits. So how can your organization successfully get started with IA and Robotic Process Automation (RPA) and join its competitors in harnessing the power of … Continue Reading
If you have not yet assessed Robotic Process Automation (RPA) and its associated benefits for your organization, you soon will. In their recent Top Trends in Tech whitepaper, McKinsey & Company identified Process Automation as the top technology trend that will impact company strategy, organization, and operations in the decade to come, with the potential … Continue Reading
Per a study by marketing research firm Invesp, 90% of consumers read online reviews before visiting a business, and 86% will hesitate to purchase if they see negative feedback. Your business’s online reputation is one of its most important marketing assets, and it demands prompt and proactive monitoring to keep it protected. Using ChatGPT-powered Intelligent … Continue Reading
Per the IRS, it takes 13 hours to complete a typical 1040. This jumps to 23 hours for the avg 1120 business return. For an individual preparer, this is lost time. For a tax accounting firm, this equates to lost profits. Utilizing RPA, tax firms are eliminating laborious (and error-prone) data entry, all while improving client … Continue Reading
Close to 9 in 10 marketers use email to share content, and it shows. Over 319 billion business and consumer emails are sent and received per day. Per the CAN-SPAM Act, this high outreach equates to high risk, as opt-out errors are subject to up to $16K fines per individual email. RPA can help. The … Continue Reading
Per a 2021 EY study, the average cost for a single HR manual data entry is $4.70. Leveraging manual or non-integrated timekeeping solutions, allows recurring data entry costs to escalate rapidly. RPA can quickly close time management gaps in any organization, eliminating wasted time and resources. Whether your time management system is paper-based or 95% … Continue Reading
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