We at Algonox put the pedal to the metal when it comes to Digital Transformation: Here's how 5 of our customers have simplified their business process
We have customers who have faced a variety of challenges.?
How have they overcome those challenges with intelligent automation? Find out by reading on.?
Large prior authorization forms with treatment specifics that require several validations are processed by healthcare insurance providers using various state medical insurance grids. This is a tedious procedure that calls for a great deal of manual labor, several data point validations, and a great deal of subjective judgment.
In order to achieve end-to-end process automation, enhance their operational efficiency, and lower their administrative burden, we processed the business rules, validations, and much more using ACE.
A multinational ITES company's accounts payable team had to manually process a significant number of invoices each day. This process included multiple rule-based validations, several verifications, and payment processing.
We implemented a zero-touch automation approach to extract data from scanned or digital copies of invoices, which decreased the processing time, minimized the error rate, improved relationships, and minimized the possibility of overpayment or underpayment.
A large Indian bank's credit risk middle office was required to process physical and scanned copies of stock statements from enterprise clients. Details like raw materials, stock in process, finished goods, etc. were manually retrieved by the operations staff.?
The final output was manually entered into the ERP system, which was a laborious and error-prone process. So by using the internal business rule engine of ACE, we were able to execute business rules and determine drawing power. This resulted in faster calculations by minimizing time consumption and human Intervention.
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The traditional campaign management process generally involves many steps including a collection of channel data, selection of channels & programs, budget allocation, spot management, buying of spots, campaign tracking, etc. Now some of these steps are tedious, time-consuming, and iterative in nature.?
Our customizable automation solution aided the organization by automating these routine tasks with more accuracy and providing 75% faster access to information.? we were able to reduce the campaign cycle time to no less than 1 day, which led to better campaign performance and ROI.
The operations team for mutual funds is in charge of delivering management and regulatory reports on a weekly and monthly basis. This involves significant manual intervention and is rule-based.?
Due to potential compliance repercussions, this process requires strict adherence to SLA and 100% accuracy. Additionally, there are several data sources, validations, and rule-based calculations that add to the process complexity and make accuracy maintenance challenging.?
With the help of our Business Rules Engine, we could pre-process the steps, thereby reducing manual work and improving efficiency.
It is evident that the requirement for speed is practical in a variety of situations, from reclaiming time for business experts to doing what they do best.
To learn more about our intelligent automation and how it can meet all of your company's needs—from scalability to speed and a whole lot more—click here.