If Robotic Process Automation (RPA) is the hands, Intelligent Process Automation is the Brains. IPA Provides numerous ways to extend automation and scale up business benefits.
What is Intelligent Process Automation?
Intelligent Process Automation (IPA) the use of automation technologies – artificial intelligence (AI), business process management (BPM), and robotic process automation (RPA). This convergence of the three produces automation capabilities that dramatically elevate the business value and competitive advantages for our customers.
Business benefits of Intelligent Process Automation
Intelligent Process Automation provide many benefits across industries as a result of the use of large amounts of data, precision of calculations, analysis and resulting business implementation. IPA can replace human effort in processes that involve aggregating data from multiple systems or taking a piece of information from a written document and entering it as a standardized data input.
What can you solve with Intelligent process automation.
ntelligent automation simplifies processes, frees up resources and improves operational efficiencies, and it has a variety of applications. For example, an automotive manufacturer may use IPA to speed up production or reduce the risk of human error, or a pharmaceutical or life sciences company may use intelligent automation to reduce costs and gain resource efficiencies where repetitive processes exist. An insurance provider can use intelligent automation to calculate payments, make predictions used to calculate rates, and address compliance needs.