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Intelligent Document Processing: Fueling Efficiency and Growth

Lightico

Data needs to be processed quickly and accurately, especially when it is ingested by paper or digital documents. IDP is a technology that uses artificial intelligence and machine learning to automate the extraction of data from documents. This saves time and reduces the risk of errors when entering data manually.

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Conquering Uncertainty: How Intelligent Document Processing (IDP) Empowers Your Credit Analysts

Lightico

It seems the automotive industry is nearly there with pre pandemic levels, with a remarkable surge in new car sales. leap (YoY) in new-vehicle sales between March 2023 and March 2024. Accuracy at Scale – Building a Foundation for Informed Decisions Human error is an inevitable part of manual processes and data entry.

Finance 75
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The UK Car Finance Mis-selling Scandal & How IDP Can Help

Lightico

The investigation centers on the use of “discretionary commission arrangements,” a practice where sales personnel received higher commissions for car loans with higher interest rates. This would involve reviewing loan agreements, sales records, and commission structures to assess compliance with regulations.

Finance 52
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Intelligent automation (IA) benefits, components, and examples

Zendesk

Intelligent automation (IA) describes the intersection of artificial intelligence (AI) and cognitive technologies such as business process management (BPM), robotic process automation (RPA), and optical character recognition (OCR). Robotic process automation also uses data to follow predefined rules and compliance standards.

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The Five Most Compelling Reasons to Automate your Call Center

Hodusoft

Optimizing workflow There are a series of tasks such as data entry, call list preparation, follow-up scheduling, etc. Supporting remote and hybrid work model As businesses are moving towards remote and hybrid work cultures, it’s essential to leverage the right technology to aid this environment.

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How Insufficient Digitization is Hurting Utility Companies

Lightico

This spotty use of technology leads to silos that infuriate customers, leading to frequent calls to the call center, escalation, and complaints. Poor conversion rate: Disjointed sales cycles lead prospects to drop off from the process due to confusion or frustration. Yet all of this can be remedied by turning to digitization.

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Why You Should Add Business Process Automation to Your CRM

SugarCRM

Properly deployed, an organization can increase efficiency in: Invoice processing Document routine Employee onboarding Data entry Expense reporting Transaction monitoring Case routing Data deletion Etc. Saving Time According to a recent SugarCRM report, the average sales rep spends only 54% of his or her time actually selling.

CRM 26