Scaling Your Automation Program with ML-powered Document Processing

Presented by

Vinay Ghule - RPA CoE Leader at Principal Financial Group, Neeraj Nagpal - CTO at Acronotics

About this talk

According to reports, 80% to 90% of data within organizations are unstructured, and most of it is locked in scanned or printed documents. Analysts suggest that over 70% of organizations still have paper-based process dependencies, from customer applications, through contracts, to purchase orders. Even if successful in automating some of these processes away, enterprises often rely on error-prone manual processes to extract and convert the data into a usable format. This is where the need for an end-to-end document extraction, processing, and comprehension solution comes in. In this webinar, Vinay Ghule - RPA CoE Leader at Principal Financial Group, Max Lien - Head of Strategic Partnerships and Corporate Development at Hyperscience, and Neeraj Nagpal - CTO at Acronotics, explore how to move from RPA centric automation program to Hyper Automation with the power of ML-powered document processing solutions. We will discuss: - Industry trends in document processing space - How Principal Financial Group is approaching Intelligent Automation - The role of advanced technologies, such as AI and Machine Learning, in hyperautomation - The differences between Intelligent Document Processing (IDP) and OCR - Best practices and lessons learnt when initiating automation strategies - Tips for keeping humans in the loop
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Hyperscience modernizes mission-critical processes and operations for Global 2000 organizations and governments. Since 2014, Hyperscience’s automation technology has helped data-centric companies parse through vast amounts of unstructured inputs and raw information to get to swifter and smarter business outcomes. Through the Hyperscience Platform, enterprises are empowered to transform their operations, and drive operational efficiency as well as human productivity by fully unlocking the power of their data. Ranked on the Inc. Fastest-Growing Company List, Hyperscience has raised $190M+ from investors including Tiger Global, BOND, Bessemer Venture Partners, Stripes, and FirstMark. The company has a global footprint with offices in New York City, Sofia, Bulgaria, and London, UK. For more information please visit www.hyperscience.com.