Process Automation InsightsWritten By Industry Experts

Insights

October 11, 2021

Accelirate Celebrates the Automation Revolution at UiPath Forward IV

This October, hundreds of RPA experts gathered to celebrate and accelerate their journeys towards becoming fully automated enterprises at UiPath Forward IV. The two-day event.

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May 12, 2020

Optical Character Recognition: Invoice Processing

Invoice Processing at a Major Manufacturing Company is an extremely manual task that consumes up to 75% of the Account Payable team’s day. The Invoice Processing function is essential to the company’s operations as fulfilling orders quickly not only effects the company’s overall revenue but their customer satisfaction. The Accounts Payable Department is held responsible for the accuracy and efficiency of this process; Prone to human-error, and backlogged during peak times turned the company’s focus towards an automated solution. To automate this process in its entirety and fully optimize the results, Optical Character Recognition (OCR) was integrated within the automation to read the PDF invoices and enter the data accurately into SAP.

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May 12, 2020

Equity Investment Reporting

A Global Oil & Gas Exploration Company employs a team of Financial Analysts each month to close out all projects from the previous month and run queries on project cash flows. The main purpose of this Equity Investment Report (EIR) process is to determine the ROI and overall “worthiness” of each project the company executes. To close out each ERI, the team is also tasked with deciding whether to close out a project or continue to pursue it throughout the upcoming month based on the calculated metrics. Originally requiring 10 Full Work Days and 30 Hours of Overtime each month, the client sought to automate the EIR process and is now seeing $30,000 in monthly ROI from this automation alone.

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June 28, 2019

Tackling KYC Challenges Faced by Financial Institutions With RPA and AI

Confronted with increasingly complex security risks and a resultant increase in regulatory scrutiny, financial institutions juggle operational costs with numerous compliance challenges, at the forefront of which.

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May 15, 2019

RPA's Role in Reducing or Eliminating "Friction" in Business Processes

A lot of people wonder why RPA Technology became such a big deal in the first place. The usual answer is that RPA helps automate.

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May 2, 2019

Automation is not a "Gig", It's a Mindset!

What is an “Automation Mindset” and why is it so important to institutionalize in today’s workforce? In one of our recent Client meetings, the Client.

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January 29, 2019

It’s not RPA and AI Silly; It’s Automation and Prediction!

RPA and AI buzzwords are everywhere. Combined together, both are marketed as the drivers of the 4th Industrial revolution. The term “AI” has suddenly started.

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January 21, 2019

How to Optimize Enterprise RPA Bot Utilization

The use of Robotic Process Automation (RPA) in the workplace is not a new technology trend. RPA Bots have been around for a while and are built for.

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January 15, 2019

How to Win the RPA & AI Talent War

Robotic Process Automation & Artificial Intelligence are hot technologies amongst others. AI is very broad and the skill set required to work with the technology.

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December 20, 2018

Why is it so Hard to Find Good Automation & AI Talent?

Technology always evolves at “warp” speed, but in the past few years there has been an explosion of new technologies such as AR/VR, Blockchain, IOT,.

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December 2, 2018

How Does RPA Impact Traditional Application Development?

Written By: Zia Bhutta, Managing Partner and Lead Investor, Accelirate Inc. I am an Investor and Board Member in a Technology Product company, TapToBook; this.

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November 24, 2018

The Rationale for Using Process Mining Tools with RPA Projects

Business process mining and process discovery software are not new as these platforms/tools have been around for a while, including the current development of new.

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November 10, 2018

Is OCR Technology Cool Again (In the Context of RPA)?

Optical Character Recognition (OCR) Technology has been around for a long time. It has mostly been a part of various enterprise grade document management and.

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October 28, 2018

Robotic Process Automation and Application Programming Interface: A Match Made in Heaven or Not?

Robotic Process Automation (RPA) is a surface level automation software which can be used for applications to talk to each other. Application Programming Interface (API).

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June 28, 2018

Can Automation & AI be a Corporate Function just like HR and IT?

As Automation & AI Technologies evolve, we see different Operating models being utilized in many Organizations. At a high level these are the Operating Models.

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June 13, 2018

To Chatbot or Not! That’s the question!

Chatbots are a hot topic everywhere. Everybody wants one, but some are not sure about the Technology since hearing the story about Microsoft Tay Robot..

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May 28, 2018

Are your Business Analyst highly paid interns?

Over this past year I have had countless conversations with Business Analyst (BA) Unit leads and they all seem to share a common pain point, they are spending well over half of their time inputting and manipulating data across multiple platforms.

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May 21, 2018

Why you need a Head of RPA from the Beginning not the End

When a company first embarks on their Robotic Process Automation (RPA) journey, 99% of the time Joe from Finance, Sarah from Process Optimization, or Tom.

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May 2, 2018

Types of Roles required to build world class AI and RPA Teams!

In our previous articles, we talked about different types of AI Technologies and how and where they can be used in the Enterprise. It is.

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April 30, 2018

AI is not Scary!

Not a day goes by that you hear about the dire predictions about Artificial Intelligence taking most of the Human jobs away. When you look.

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