A positive customer experience is at the center of the insurance claim process. A study conducted by The State of Connected Custom
In today’s rapidly evolving insurance landscape, companies face paramount challenges in effectively assessing risks while wo
The insurance industry, particularly small and medium-sized (SME) firms, faces several process bottlenecks. Employees are often en
Manual claim adjudication is prone to significant bottlenecks. The tedious task involves entering the policyholder’s personal deta
The landscape in the banking sector is evolving at a rapid pace. With the surge in digital transactions and ever-changing regulato
The banking and financial services industries have always been at the forefront of technological advancements. Today, they are lev
The Banking, Financial Services, and Insurance (BFSI) Industry stands at a crucial juncture, marked by the integration of technolo
Since its introduction into the mainstream during early 2023, Generative AI has transformed how we create, innovate, and enhance p
The Automation Generation is transforming company operations in an age of rapid technology innovation and digital disruption. Toda
In today’s fast-changing business world, companies are struggling to stay productive and efficient. No matter how advanced t
Did you know that enterprise organizations will have achieved 85 percent RPA implementations by 2022? Organizations stand to gain
Slogging through manual, paper-laden processes. Constant re-keying of data between systems. Applicants are stuck in limbo, waiting
Introduction Innovations in technology have caused profound shifts in the dynamic Banking, Financial Services, and Insurance (BFSI
Data accuracy is the foundation of evidence-based decision-making in the business world. The expanding data-driven business has br
Robotic Process Automation (RPA) has revolutionized the finance industry by automating routine tasks, enhancing accuracy and effic
The business world is constantly evolving, and organizations must always look for innovative ways to find a competitive edge. One
The integration of advanced technologies into supply chain management has been a game changer. Innovations such as Artificial Inte
Process mining in healthcare entails employing process mining technology to clinical processes, focusing on identifying areas and
In today’s landscape, the telecommunications industry is undergoing significant expansion and transformation, primarily cata
This is not an overstatement that automation in healthcare is rapidly becoming omnipresent. It benefits industries and consumers t
Machine learning in healthcare assists medical practitioners in patient care and clinical data management. Driven by artificial in
In the world of manufacturing, using robots to handle repetitive tasks is becoming more and more common. Robotic Process Automatio
Amidst the dynamic landscape of the insurance sector, securing and enhancing competitiveness and operational efficiency is of utmo
Picture this: It’s a jam-packed day at the hospital, doctors are zooming from room to room, nurses are juggling a myriad of
In a data-driven business landscape that’s constantly evolving, organizations are constantly seeking ways to optimize their operat
In today’s digital age, where every click, purchase, and interaction generates a deluge of data, understanding the intricaci
In the world of contemporary banking, adaptability is not merely an option but also a must. Soaring consumer expectations, a stric
In recent years, the fields of pharmaceuticals and banking, financial services, and insurance (BFSI) have witnessed a significant
What is AI? Artificial Intelligence (AI) has become an integral part of our modern world. It loosely refers to the development of
Does data have the power to elevate the efficiency of your business processes? The answer lies in process mining. Effectively, pro
What is RPA? RPA Robotic Process Automation is a technology that enables businesses to automate repetitive and rule-based tasks by
In the last few decades, automation has been gradually implemented in business processes across several functions, such as financi
For modern business enterprises, digital transformation can be achieved without end-to-end automation of its business processes. I
Cognitive technologies like Artificial Intelligence (AI) are now regularly used to solve business problems. A 2018 survey of busin
How is Artificial Intelligence or AI transforming financial services? Read about the applications and benefits of AI in finance.
Predictive Analytics is about identifying future business outcomes based on historical data. Read this article to find out more. H
The explosion of banking and financial data is driving the adoption of Artificial Intelligence in the finance industry. Artificial
Effectively, process mining is about business transformation. Business enterprises are starting to realize this fact and are going
“In God we Trust, all others bring data.” – Edwards Deming Be it for financial accounting, HR management, or manufacturing operati
Every business enterprise runs on business processes. Effectively, processes exist in every industry domain and can be extended to
Are you searching for your next employee? Do you need to fulfill purchase orders for your company? On the surface, these two probl
The 2021 NFL season wound to a close Sunday with a Los Angeles Rams victory over the Cincinnati Bengals in the Super Bowl, but for
Every financial organization has faced challenges with regards to process, procedure and operational efficiency. Any professional
For the modern enterprise, HR processes are increasingly complex and fraught with potential waste and error. Cycles that should ta
The Near & Long Term Post-COVID-19 Impact on Business Modernization Even after lockdowns are lifted, the COVID-19 crisis has f