Process Automation
Automates repetitive operational work such as document uploads, manual transactions, and report requests.
Business impact
- automation rate — Deutsche Bank says its RPA achieved anywhere from 30 percent to 70 percent automation in the functions it tested.
- manual work — Radisson reports that automation cut manual work in half for ad creation, localization, and translation.
- quality — Deutsche Bank says automation improves quality because machines make fewer errors.
- risk — Deutsche Bank says automation decreases risk because machines make fewer errors.
Data requirements
- transaction data (tabular) — Used by RPA in banking operations.
- document data (text) — Machine learning is used to recognize document types and scan unstructured data.
- SAP data (tabular) — NotCo's chatbot accesses sales, inventory, and other SAP information.
- operational and customer data (tabular) — Radisson trains its system on a unified enterprise and customer dataset.
AI methods and techniques
- robotic process automation — Used to automate manual transactions and other rule-based back- and mid-office tasks.
- machine learning — Used for more nuanced tasks such as recognizing document types and scanning unstructured data for specific information.
- conversational AI — Used at NotCo so users can ask questions about operational data in natural language.
- script generation — Used in the DoorDash example to build a script that automates document uploads.
Industries
Real-world evidence
4 documented case studies on record.
Companies using this: DoorDash, Deutsche Bank, NotCo, Radisson Hotel Group.
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