Intelligent Process Automation

Overview

Enabling IPA is a necessity in today’s business world as it not only transforms and contours your enterprise economically, but also elevates business process with a flexible environment that provides tailored responses to the specific requirements. Only a great mind can foresee the future and fabricate their business, and the constant aspect in that future is undoubtedly the Intelligence Process Automation.

Intelligence Process Automation (IPA)' is the application of software to carry out operations that have been previously accomplished by humans. The technology can capture and interpret existing applications for process transactions, manipulate data, trigger responses and communicate with other digital systems, a process of using automation and technology to perform a process or a part of the process in any existing business applications.

IPA for BFSI

The financial sector is all ready to commission IPA in their process to tune themselves in entering the digitization era. IPA acts as a mechanical colleague in the BFSI sector with the capacity to work at least 10 x times faster with excellent accuracy. It’s an intelligent amalgamation of Artificial Intelligence (AI) and Machine Learning (ML) to automate routine, high-volume tasks that are sensitive to human error, which is of paramount importance in the financial institutions. IPA subtly fuses in the financial sector and helps in scaling costs without hiring additional resources by triggering swift task management. IPA also reduces or eliminates repetitive, time-consuming tasks which are innate in a financial enterprise.

TransBOTation is an Intelligent Process Automation offering under Digital Services, KGiSL, as an IT enabler is always focused on supporting transformation and transition of our clients’ business to new age technologies.

Domains benefitting from IPA and the Process involved