Digital transformation includes implementing innovative technologies and redefining business processes to automate.
The concept of digital transformation includes not only the implementation of cutting-edge technologies within organizations, but also the redefinition of business processes in order to automate and streamline. For this reason, it is essential to acquire a new mindset, a new mindset that allows you to see technology as an enabling and strategic tool for achieving your company's main goals.
In this article we will look at:
What is the definition of digitization? In a nutshell, we can say that digitization is the optimization and improvement of activities, data flows and procedures within a company by leveraging automation and advanced technologies.
One of the primary objectives is to make operations efficient and streamlined to minimize manual steps and, therefore, errors, redundancies and repetitive activities, ensuring total transparency and full executive control over each activity, while also collecting data useful for operational efficiency.
Another interesting aspect is that digitization of business processes makes communication, collaboration and, more generally, interactions both within and outside organizations pervasive. However, digitization processes to be effective must be planned carefully and carefully by first assessing the processes or departments that can most benefit from them. In addition, this must be in line with the company's priorities and goals for growth and improvement. After identifying possible improvement points, we move on to identifying the necessary and enabling tools and technologies for business digitization. For this very reason, it is essential to have full knowledge of the IT systems already in use in the company, considering how to make them more efficient through other digital tools.
Process digitization is effective if digital integration of processes can take place, making the various departments that make up the organization aligned with digital working logics. In this way, the company can quickly ride the market trend by increasing productivity, reducing internal costs and increasing awareness of data-driven choices and consequently its competitiveness in the market itself.
The issue of process digitization is closely related to that of digitization and automated document processing.
It is essential to have modern document management and to be able to optimize the enormous effort required to store, classify and process documents related to various business processes. Just to name a few examples, these range from the management of invoices and expense reports to HR processes to all the documentation that circulates in the back-office.
Business documents are a fundamental part of the processes on which the business is based. Therefore, anyone who is part of the organization must be able to make easy use of documents and the information they contain at any time. In addition, the use of Intelligent Document Processing (IDP) solutions makes it possible not only to make data easily usable but also to unify the many sources from which documents are received, making data available in enterprise information systems making it possible to automate the actions that are taken based on the information collected. Centralized and unified document management also allows for a much higher degree of security and control in a timely manner.
Intelligent Document Processing solutions enable companies to achieve several benefits:
myBiros is an Intelligent Document Processing solution that enables automatic document processing. Core functionalities are:
Leveraging advanced deep learning techniques that analyze multimodal features, it is possible to process all document types with a single solution. The system uses pre-trained models, data-augmentation techniques. Because of this, it can be trained with a small volume of data, allowing even processes involving a small volume of documents to be automated.
This solution includes a scoring mechanism: the system reduces false positives by enabling the ability to review low confidence data while minimizing errors. Interaction with a human user enables the system to correct errors while continuing to train the system. In this way, errors made in the past are not repeated(Human in the loop and continuous learning).
It is very easy to integrate myBiros into any application through the use of APIs and easy interaction with RPA systems. This is where Automyo comes in with its innovative RPA solution.
Automyo, is designed to improve the work experience of both companies (B2B) and their customers' customers (B2B2B) by creating more efficient processes at a lower cost. Such a platform enables the creation of automated workflows without writing code, putting technology at the service of people and the growth of the business organization.
myBiros and Automyo can therefore work together, to speed up business processes and make the digital transition even easier.
On the one hand, myBiros enables extreme accuracy in data extraction and paper digitization, even on low-quality documents. On the other, Automyo allows scheduling of automated flows, making myBiros' automated document processing easier to use and more effective.
A single process that creates an interconnected ecosystem to support companies and provide them with the right tools for digital growth.
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Below you will find a glossary that lists and defines essential terms for understanding and making the most of intelligent document automation.
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