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Convedo Intelligent Capture Cloud

The heart of the Intelligent Capture Cloud is IRISXtract. Delivering advanced intelligent capture for organising content, extracting data, and continuously learning from human input. The Intelligent Capture Cloud uses AI technologies focused on processing forms and unstructured documents and then passes data back to Blue Prism Workers for enterprise-driven actions.

Intelligent Capture Cloud Features --

AI and machine learning from new document structures Software as a Service to remove installation times and costs Accurate data extraction from your documents Convert unstructured data from invoices, forms, etc to actionable data Deep insights on content extraction to measure KPIs Digital workforce to enhance your capabilities in your organisation Audit logs to ensure you are compliant

Intelligent Capture Cloud Benefits--

Reduce operational costs by increasing reliability and quality Scale faster by addressing changing needs as your organisation grows Connect to the Intelligent Capture Cloud Instantly Remain Future-Proof as new innovations from IRIS technology changes

Automate Any Content Centric Process--

The convedo Intelligent Capture Cloud focuses on the document, applying such Artificial Intelligence (AI) technologies as optical character recognition (OCR), and machine learning technologies to identify and classify content and extract data – all while continuously learning from human input. The Intelligent Capture Cloud data extraction process includes support for recognizing machine print, hand print, barcodes, and checkmarks. This technology is powered by IRIS, a Canon company.

Blue Prism complements the workplace with an elastic, multi-faceted and multi-talented digital workforce, helping organizations automate and scale business processes via AI, machine learning, intelligent automation and sentiment analysis.

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The heart of the Intelligent Capture Cloud is IRISXtract. Delivering advanced intelligent capture for organising content, extracting data, and continuously learning from human input. The Intelligent Capture Cloud uses AI technologies focused on processing forms and unstructured documents and then passes data back to Blue Prism Workers for enterprise-driven actions.

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Blue prism public sector :- Based in London and Frankfurt, convedo helps companies to improve their business processes through market-leading Intelligent automation technology like Artificial Intelligence, Machine Learning, Digital and Robotic Process Automation using best-of-breed platforms from Appian, Blue Prism and OpenText in order to become more efficient, save costs and improve customer experience.

For More info about company - Convedo - Intelligent process automation company Website- https://info.convedo.com/topic/blue-prism Email Id- london@convedo.com Add- Queen Elizabeth Olympic Park, Plexal, Here East, London E20 3BS M.No- +44 207 718 0183

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Rise of the digital banking - Convedo Automation Process Agency

Rise of The Digital Bank

As one of the oldest industries—and one of the most resistant to technological change—banking and finance is overdue for a digital disruption. In this article, well explore the rise of so called “digital banking.”

What is digital banking?

Digital banking is the use of digital technologies to provide end-to-end banking services. According to a PwC survey, 46 percent of customers use only digital channels to interact with their bank.

The term “online banking” refers to conducting financial transactions through a website portal or mobile application. However, some services may still require the customer to be physically present at a branch office.

Digital banking extends the notion of online banking to the entire spectrum of products and services, allowing a bank’s customers to conduct their business fully online.

Neobanks and challenger banks

“Neobanks” and “challenger banks” are two common terms for digital banking companies. Some of the most popular neobanks are N26, Revolut, and Monzo.

These businesses, usually fintech (financial technology) startups, operate completely in the virtual realm, without any physical branch locations.

Despite constraining their operations to websites and mobile apps, neobanks offer a full suite of services, including:

1. Checking and savings accounts 2. Payments and money transfers 3. Debit and credit cards 4. Personal and business loans

Because they don’t need to maintain physical branches and staff, neobanks can afford to focus on the customer experience. They may have slick-looking mobile apps and typically offer more favorable rates to their customers than traditional banks. However, note that due to their status outside the mainstream banking industry, neobanks may not be fully covered by consumer protection laws.

AI and digital banking

Another thing that sets apart neobanks and challenger banks is the use of cutting-edge artificial intelligence and machine learning techniques in order to better service their customers.

Use cases such as detecting financial fraud, providing investment advice, and customer support chatbots demonstrate the tremendous value that AI can have for digital banks, allowing them to compete against their more established rivals. According to MarketforceLive, three out of five banks already use chatbots for customer service, allowing many simple queries to be resolved without having to speak with a human agent.

By automating much of their workflow with AI and machine learning, neobanks can offer a better customer experience that will be key to winning over their audience.

For More info about company - Convedo - Intelligent process automation company Website- https://info.convedo.com/the-rise-of-the-digital-bank Email Id- london@convedo.com Add- Queen Elizabeth Olympic Park, Plexal, Here East, London E20 3BS M.No- +44 207 718 0183

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We’re the Intelligent Automation specialists who make things happen. By designing, implementing & supporting AI, BPM and RPA services. We have available services Case Management,Financial Services & Banking, Insurance, Human Resources, Training & Workshops, Data Security & GDPR.

Email Id- info.convedo@gmail.com User Id-  Convedo Password- convedo@321 Mobile No- +44-2077180183 Website- https://www.convedo.com/services Add- Queen Elizabeth Olympic Park, Plexal, Here East, London E20 3BS

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December 4th saw a celebration of low-code accomplishments and the growing adoption of the Appian platform at AppianPUBLICSECTOR 19. Speakers from various public sector organisations discussed how low-code platforms are modernising and improving different processes. Appian CEO Matt Calkins and CTO Mike Beckley were also in attendance to provide talks on the future of low-code and intelligent automation. For More info about company - Convedo - Intelligent process automation company Website- https://info.convedo.com/transformation-solutions-from-appian-19 Email Id- london@convedo.com Add- Queen Elizabeth Olympic Park, Plexal, Here East, London E20 3BS M.No- +44 207 718 0183

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Difference between rpa and intelligent automation

In the second blog of the series, we will show how Intelligent Automation has made significant improvements in the health and social care sector. By showing real examples of success, this series will demonstrate how Intelligent Automation is making a real difference in the public sector.

The health and social care sector is arguably the most important throughout the public sector. However, this doesn't mean that it is without problems. Despite its importance, many of the services provided are underfunded, and staff are overwhelmed with work.

By using Intelligent Automation, significant improvements have been made to cut staff workload and therefore, more importantly, improve patient safety. Warrington and Halton NHS foundation trust provide health care services for over 500,000 patients while employing 4,200 members of staff. Being responsible for this large number of patients, it is crucial that patient safety is a top priority.

With this responsibility on staffs shoulders, it is also vital that the processes they must follow work efficiently, to avoid any additional stress. The foundation was facing many challenges with their current methods until an Intelligent Automation solution was implemented.

The Challenge---

The foundation had a longstanding legacy of labour-intensive processes that included staff manually copying information from one system to another and transcribing patients' outcomes and procedures. As a result of having these processes in place, the foundation ended up building large backlogs that inevitability led to errors and increased pressure on the already busy staff. With these issues combined, overall patient safety had become a concern which is a serious issue when dealing with patients that have life-threatening injuries/illnesses on a daily basis.

To fight the continually squeezed funding the healthcare sector receives, these services needed a solution that could be implemented quickly at a minimal cost.

The Solution

By using Blue Prism's automation platform, several high-volume processes that were previously manual have been automated to provide much simpler outcomes. Implemented into the master patient record system, the solution can track and transfer patient data without the risk of human error. By eliminating the risk of human error, staff can confidently make decisions based on the data provided while also avoiding the risk of unexpected costs or fines.

The solution also works at a near real-time meaning that there is little chance of work being duplicated and there is a massive reduction in backlogged work. With a more straightforward, centralised solution much of the repetitive, error-prone workload was taken away from staff, allowing them to focus on dealing with as many patients as possible. This, in turn, improved overall patient safety.

The Results

Since the implementation of the Blue Prism solution, the foundation has seen significant improvements in many aspects. The first significant benefit saw a saving of over £1 million. Thanks to the solution optimising data quality and increasing income, the net savings the foundation has made will go towards improving the hospitals and service the patients receive. The Intelligent Automation solution that optimises the once manual processes has also saved up to 3 full-time equivalents. However, there are no cuts to jobs as current staff continue to work under less scrutiny and pressure while there is an opportunity to hire new people to monitor the new digital workforce.

Another significant improvement since the implementation of the Intelligent Automation solution is that staff can get a real-time view of the patient data thanks to the centralisation of the system.

By combining these benefits, the ultimate goal of improved patient safety was achieved. With more timely processing of patient data and the eradication of human errors, the Intelligent Automation solution meant patients could be seen quicker and follow up appointments arranged straight after. Additionally, removing the time-consuming manual processes from the staff's workload meant more time could be spent with each patient.

Seeing another example of successful Intelligent Automation implementation continues to show how the solution is making a real positive impact on peoples lives. One of the hardest parts of implementing this technology is proving that it works. Many organisations can be understandably sceptical of changing their longstanding systems and processes. However, examples like this one have shown just how much of difference can be made when putting these processes into practice. As these success stories begin to build it up, it is now becoming a no-brainer to implement Intelligent Automation with the clear difference it is making to peoples lives.

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In the second blog of the series, we will show how Intelligent Automation has made significant improvements in the health and social care sector. By showing real examples of success, this series will demonstrate how Intelligent Automation is making a real difference in the public sector.

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Robotic Process Automation is a technology that is swiftly gaining immense popularity in the generation of continual technical advancements. It has, in a very short time period, become one of the most intensively used technologies in the digital world, across several industries. Due to this very fact that various industries have adopted RPA, it has experienced unprecedented growth in a matter of a couple of years.

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Digital transformation and process automation - Convedo

Digital process automation refers to the automation of business processes. Due to global market pressure to innovate, it has become a field in its own right.

Core features of digital process automation include:

Automating, streamlining, and restructuring existing business processes

Digitization

Reorientation towards data-driven processes

Renewed focus on the customer experience

In today’s digital environment, customers are empowered, forcing businesses to become more mobile, agile, and customer-eccentric. This is why characteristics such as these have become central features of digital businesses.

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Intelligent automation in public sector - Convedo

What is Intelligent Automation?

Intelligent Automation (IA) refers to the application of artificial intelligence (AI) and related technologies in particular combining machine learning, and robotic process automation (RPA). This convergence of technologies produces automation capabilities that dramatically elevate business value and competitive advantages for organizations.  

The goal with Intelligent Automation is to remove repetitive, replicable, and routine tasks with RPA and handled the more complex data and decisions with machine learning.  Traditional rule-based automation is now injected with decision-making capabilities based on historical data and deploying machine learning models with the convedo AI enterprise platform.

Convedo Intelligent Automation help the public sector?

By 2020, over one megabyte of data will be produced by every person every second of the day. The U.S. federal government is one of the top managers of this massive influx of data, which holds the key to uncovering insights for tackling some of society’s biggest challenges, ranging from cybersecurity to healthcare. The current data gap for agencies isn’t simply analysis: it’s analysis that’s fast and accurate enough to power decisions that deliver mission impact.

Solving for critical use cases such as cybersecurity, fraud detection, counterterrorism, logistics, preventing insider threats, and many more in a quick and manageable way is the end goal. Machine learning uses historical datasets to develop predictive models that empower organizations to make accurate, forward-looking decisions. Injecting these machine learning decision models with RPA and optical character recognition (OCR) technologies will produce automations that elevate business value and competitive advantages for federal organizations.

Conclusion of Intelligent Automation -

Convedo enables agencies to meet mission objectives faster and to make critical decisions when it matters. Automated machine learning simplifies the complex job of harnessing insights in the huge amounts of government data, no matter where the data resides - C2S,  AWS GovCloud, Hadoop cluster, or on-premise. By optimizing and accelerating the data science process, Convedo enables non-data scientists, including managers, program experts, and staff to quickly research, collaborate, and deploy Al and machine learning applications.

As a world leader in automated machine learning, Convedo is uniquely positioned to help federal agencies make this dream a reality.

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Intelligent automation solutions in public sector

UK Public Sector is at the forefront of transforming public services with intelligent automation, defying its reputation of being technology laggards. Intelligent automation in public sector continues to be a hot topic as the summer approaches: During 2019, Convedo has been selected as a supplier for several new public sector organisations and extended its service contracts with existing clients.

Convedo has signed cooperation agreements with public organisations such as The Social Insurance Institution of Finland (Kela), The National Police Board of Finland, The City of Espoo and The Technical Research Centre of Finland (VTT).

All organisations share the intent to streamline processes and improve service quality. Concerning automation in public sector, there has also been an apparent increase in interest in introducing other cognitive technologies along RPA that could extend the capabilities of software robots. In choosing a partner, it has been important that the selected automation supplier can meet the needs of their customer, including solutions that utilize artificial intelligence.

About Convedo intelligent robots

Traditionally, digital workers have been built utilising Robotic Process Automation making them perfectly capable of managing knowledge work tasks, which are based on a pre-defined business rule. Combining that with new capabilities offered by Natural Language Processing, Chatbots and other artificial intelligence technologies creates digital workers that are empowered to automate more complex tasks and are learning by doing. The results free up even more people from routine tasks and make them available for strategic, value-added work.

Our digital workers can understand both structured and unstructured data. They can also converse with humans in natural languages. We have built these capabilities by using state-of-the-art artificial intelligence technologies like Natural Language Processing, Computer Vision, Deep Learning and Machine Learning and by partnering with innovative companies like Boost.ai, Blue Prism, Microsoft, and UiPath.

Named cases

The Social Insurance Institution of Finland (Kela) The acquisition includes solutions that utilize both software robotics and artificial intelligence. The National Police Board of Finland RPA is used to automate routine processes in different functions. In the longer term, the goal is to teach software robots with artificial intelligence-based algorithms. Needs for learning systems have been specifically identified in areas such as monitoring, alerting, and crime prevention. Automatic data analysis and collection is developed to support human work in these functions.

Espoo

The acquisition includes a full RPA service package, covering the technology, development, and maintenance. Convedo acts as Espoo’s primary RPA development partner, which enables the process of automating and streamlining the processes of various industries in the city. Technical Research Centre of Finland (VTT) Convedo delivers VTT Robot-as-a-Service, a comprehensive and easily scalable RPA service offering. VTT reserves the option of acquiring machine learning services from its partner alongside RPA.

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Intelligent Automation Consultants- We are the specialists with the experience and innovation to turn digital transformation strategies into reality through Intelligent Automation. We do this for many of the world’s leading organisations using best-of-breed platforms from Appian, Blue Prism and OpenText.

Convedo is a privately owned independent company that provides Intelligent Automation (Artificial Intelligence, Business Process Management, Robotic Process Management) services and solutions to companies, reducing costs, automating business processes and driving business results.

[convedo-blog]

Intelligent Automation Consultants- We are the specialists with the experience and innovation to turn digital transformation strategies into reality through Intelligent Automation. We do this for many of the world’s leading organisations using best-of-breed platforms from Appian, Blue Prism and OpenText.