AI Articles and Analysis about Process automation

Explore articles and reports related to artificial intelligence for process automation, including applications in report generation, data entry, recruitment, and more.

AI at bank of America - Erica Chatbot and Future Initiatives

AI at Bank of America – Erica Chatbot and Future Initiatives

Many of the largest US banks, including Bank of America, are starting to automate many of their business processes with AI. These include ACH payments and more specific processes such as order to cash. Bank of America has been investing seriously in AI and machine learning since at least 2017 and continues to research ways they can take advantage of AI in the future.

How AI Could Benefit Investment Banking Clients - A Brief Overview

How AI Could Benefit Investment Banking Clients – A Brief Overview

Much of the discussion surrounding AI in banking is focused on retail banks, with applications such as chatbots and payment fraud detection. But there exist AI capabilities that stand to benefit investment banking clients specifically as wealth management departments begin to adopt them.

How to Use AI to Digitize Loan Processing - A Brief Overview

How to Use AI to Digitize Loan Processing – A Brief Overview

Many large banks and financial institutions are beginning to digitize parts of their business processes to prepare for future initiatives in automation and machine learning. This is particularly true with loan processing. These functions could become faster and more accurate if they use digitized data that is more easily accessible than paper documents.

AI-enabled Enterprise Search - Faggella sinequa copy

Intelligent Search in Banking and Financial Services – Current Capabilities

Financial institutions have challenges around data accessibility. They want to leverage their large amounts of data so their employees, such as customer service agents, can find the information they need quickly.

Voice Recognition in Healthcare - A Brief Overview

Voice Recognition in Healthcare – A Brief Overview

In this brief overview, we run through several use-cases for voice recognition software in the healthcare industry. Voice recognition software, built on natural language processing (NLP) algorithms, primarily finds a home in the doctor's office. Physicians use it to dictate their notes into their healthcare network's system or update patient electronic medical records (EMR).

AI-Based Document Digitization - An Enterprise Guide

AI-Based Document Digitization – An Enterprise Guide

Many of the key processes in industries such as banking and insurance are still done on paper. That said, many large enterprises seem to be in the process of digitizing parts of these processes in order to prepare for forays into automation and artificial intelligence. 

Top 5 Most Well-Funded AI Startups In Banking - Common Themes

Top 5 AI Startups in Banking by Funding – A Brief Overview

There are numerous AI vendors servicing the banking industry, but many of them lack the kind of funding that these five vendors have raised. In this article, we run through the top 5 AI vendors in banking by funding according to information on Owler. We provide an overview of their products and the AI tech that makes them possible.

Process Automation Fundamentals for Digital Transformation Leaders

Process Automation Fundamentals for Digital Transformation Leaders

When it comes to process automation, digital transformation leaders are now navigating the artificial intelligence hype. Although AI can yield some impressive results when it comes to digitizing processes that still involve paper and reducing the time customer service agents spend searching for customer information, leaders are perhaps too excited to jump into AI without knowing the fundamentals of what it entails.

Process automation

Explore articles and reports related to artificial intelligence for process automation, including applications in report generation, data entry, recruitment, and more.