SmartDocs: Bringing Efficiencies to the nth Level in BPM with Cognitive Automation and RPA
With each consecutive year, the magnitude of transformation brought about by Robotic Process Automation (RPA) is compelling decision makers to re-imagine their business processes. RPA software vendors are attempting to be more precise with their language that is increasingly being recognized as Cognitive Automation (CA). Deloitte goes on to define CA as a subset of AI technologies that mimics human behaviour. Once reserved for only humans, RPA along with CA is delivering perpetual and judgment-based tasks which have increased the scopes where CA can be utilized for making decisions, completing tasks, meeting goals, and mostly automating specific business processes. Such attempts are being made worldwide. Pioneering such endeavour is Silicon Valleybased company, SmartDocs which is streamlining business processes while bringing in huge gains in productivity. With one of the broadest platforms in the industry, SmartDocs offers all the three major ingredients of an expansionary business process, namely Cognitive Automation, Enterprise Content Management, and Business Process Management. This comprehensive set of a business solution built on top of this platform makes lucid and customer friendly applications for finance, procurement, HR, Sales and Production Planning. All these have helped in achieving the lowest TCO in a wide range of deployment options including SaaS, and Private Cloud.
With its Asia Operations headquartered in Hyderabad, SmartDocs provides a complete platform for ECM and Intelligent BPM built for Enterprise Cloud. These attempts have drastically resulted in better user experience but also a significantly reduced cost arbitrage, reduced turnaround times and Deep Integration into SAP and other key ERP software.
Smart Payables
The established cross-industry product platform, SmartDocs’ solutions are widely adopted in the manufacturing industry. One of the largest fertilizer
manufacturers in India implemented an initiative to optimize their Accounts Payables process using SmartDocs platform and Smart Payables solution. With more than 500,000 invoices that are processed company-wide, automation with optimization has become the only way to go. They were able to streamline the processing while significantly reducing the Turn-Around-Time (TAT) for invoice processing.
All such feats are accomplished through SmartDocs Platform that includes an OCR engine and Computer Vision components to make sense of unstructured data and a corpus of business rules to handle the data effectively. To be able to process invoices effectively, it is not enough to be able to read the characters on the invoice image; rather the platform should be able to use relevant back data from ERP systems like SAP effectively and apply business rules to comply with company policies for approvals and other audit controls. SmartDocs’ Smart Payables is an AIpowered solution with which the business users need very little training as the UI is native to the applications that they are used to.
SmartDocs’ current focus is on expanding its presence in the North American market and expand in to EMEA both using organic teams as well as with strategic implementation partners. SmartDocs is expanding its network of partners who are trained in SmartDocs platform and business solutions. Besides, it is committed to social responsibilities while providing various opportunities to both its employees and the local areas.
With one of the broadest platforms in the industry, SmartDocs offers all the three major ingredients of an expansionary business process, namely Cognitive Automation, Enterprise Content Management, and Business Process Management
All such feats are accomplished through SmartDocs Platform that includes an OCR engine and Computer Vision components to make sense of unstructured data and a corpus of business rules to handle the data effectively. To be able to process invoices effectively, it is not enough to be able to read the characters on the invoice image; rather the platform should be able to use relevant back data from ERP systems like SAP effectively and apply business rules to comply with company policies for approvals and other audit controls. SmartDocs’ Smart Payables is an AIpowered solution with which the business users need very little training as the UI is native to the applications that they are used to.
SmartDocs’ current focus is on expanding its presence in the North American market and expand in to EMEA both using organic teams as well as with strategic implementation partners. SmartDocs is expanding its network of partners who are trained in SmartDocs platform and business solutions. Besides, it is committed to social responsibilities while providing various opportunities to both its employees and the local areas.
