Robotic Process Automation (RPA) + Cognitive Document Automation (CDA) = Intelligent Automation
Cognitive Document Automation (CDA) automates the processing of unstructured data contained in documents and emails. From sales orders/ invoices and enrolment forms to claims, contracts and correspondence, CDA can process any document of importance to any business process.
Whereas RPA is the repetitive 'handwork' of processing electronic data, CDA is the intelligent 'head work' of understanding what the document or email is about, what information it contains and what to do with it.
Six business benefits of RPA + CDA:
1. Increased Productivity of Document and Data Handling:
Process more documents and electronic data faster, accelerate business processes and improve information visibility - even when originating from multiple channels and formats.
2. Reduced Operations Costs
Reduce manual labour required for document classification, separation and data entry, and repetitive data collection, entry, aggregation, migration and integration tasks.
3. Enhanced data quality
Increase data quality and reduce errors and exceptions in information-intensive business processes.
4. Improved Compliance:
Ensure adherence to business policies and regulatory requirements and provide compliance audit trails.
5. Faster Customer Engagement
Provide instant data display from captured documents to customers on their device of choice, and accelerate turnaround times.
6. Minimised cost of ownership
Reduce the time to configure and maintain document and electronic data capture projects via machine learning and visual no-coding robotic process design.
Source: Kofax
Want to learn more? Download Kofax eBook - Your Intelligent Digital Workforce: How RPA and Cognitive Document Automation Deliver The Promise of Digital Business
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About Xcellerate IT
With over 21 years of knowledge and experience in Business Process Automation, Xcellerate IT is a leading Australian provider of powerful digital transformation software, providing innovative solutions to transform and automate information intensive business workflow and robotic processes, across both back and front office operations.
We are proud to have completed projects for over 100 Australian customers. These projects have assisted our customers to embrace the future by offering compliant, transparent and structured processes that meet their individual needs. Xcellerate IT's solutions have powered corporations across various industries including manufacturing, finance, local and state government, education, healthcare and a wide range of companies.
For more information please head to our new website or contact us for further information.
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