Robotic Process Automation (RPA)
These “dumb robots” aren’t enough to help companies keep pace with increasing competition, fight the “business as usual” inertia, and achieve their ambitions for full automation. For that, they need a digital workforce of the future, comprised of “smart robots” – an AI-based toolset featuring capabilities such as machine learning and cognitive document automation.
When it comes to Artificial Intelligence and RPA, the industry is moving faster than ever, with new, smarter software coming to market with increasing frequency. At Kofax, our development teams have been working overtime to incorporate things like machine learning and natural language processing into our products to narrow the gap between what companies consider RPA today, and where AI can take us in the future. The release of Kofax RPA 10.4 brought three specific capabilities to the forefront that are just the start of where we’re headed with intelligent automation.
As organizations implement Robotic Process Automation (RPA) to automate their tasks and processes, they frequently get stuck when their robot needs to “read” something more complex than a simple structured piece of data.
Organizations stand to gain in numerous ways from applying RPA and intelligent automation to repetitive, manual tasks. These technologies eliminate errors, cut processing times by half, deliver 100% accuracy, and increase capacity by as much as 50%. Perhaps even more importantly, automation relieves employees of tedious tasks and enables them to focus on value-added activities that require a human touch.
Automation is the future. Most organizations―and likely yours as well―have automation as one of its key priorities for 2019 and beyond. But you may be asking yourself, where should we begin this journey toward automation?
Have you ever written a document, made some edits, and then renamed the new file to track your work? You likely started with “v1,” then v2, onto v3 or final, only to find yourself adding final2, final3 and even final_final to the mix. If this is you, you’ll easily understand the need for Version Control Software (VCS).