Business Process Automation
Business Process Automation (BPA) is the key to increasing efficiency and improving productivity in companies in any industry. BPA makes it possible to automate repetitive and time-consuming tasks by using advanced technologies such as Optical Character Recognition, Machine Learning (ML) and Robotic Process Automation (RPA).
Watch our video to find out how ExB can automate your document processing and save your company time and money.
In 99 seconds, we explain the benefits of AI-powered document processing, how ExB’s IDP technology works, the different solutions we offer and the types of documents ExB can process.
Typical use cases of our AI software
Whether claims, procurement processes or invoice processing – our AI-based IDP platform solves a variety of use cases and helps companies to increase efficiency, increase sales and reduce risks.
Delivery Bills
Can delivery bills also be processed? Yes, that’s no problem. Delivery bills accompany the delivered goods and confirm which items were delivered and in what quantity. They are important for reconciliation with the invoice to ensure that the items delivered match the items invoiced.
Your benefits with AI solutions from ExB
Convincing numbers: these four advantages clearly show how our IDP platform improves your company.
Business Process Automation can extend to any type of business process, from customer service processing to financial operations and human resources. Business Process Automation can be used in different areas of a company. Examples of areas where BPA can be used include
- In invoice processing: where invoice data is automatically captured using advanced technologies such as Optical Character Recognition (OCR).
- To automate accounting: Financial reports as well as dashboards can be created automatically and seamlessly integrated into existing systems.
- For the automation of contracts: The automatic creation and checking of contract documents reduces administrative work and increases efficiency.
How Business Process Automation (BPA) works
The introduction of BPA is a strategic decision that is relevant for all companies that want to be successful in today’s highly competitive business world. The automation of processes and workflows through the use of BPA pays off in the long term and forms the basis for future-oriented and efficient management.
Business process automation in the company
In order to successfully integrate BPA into your business processes, a structured approach is required in which existing processes are first analyzed in order to define specific goals for the automation process. The next step is to select the right technology for you. Once you have decided on a suitable technology, it is necessary to define the implementation procedure within an automation plan and train your employees accordingly. In order to achieve the best results in the long term, continuous monitoring of progress should also be taken into account in order to make the necessary improvements.
IDP as a part of BPA
Intelligent Document Processing (IDP for short) is a sub-area of the BPA spectrum and focuses on the capture, processing and analysis of documents within an automated process. The aim of IDP is to extract data from various document forms and convert it into a structured form that can be used for further automation or analysis purposes as part of business process automation.
Advantages of business process automation with ExB
ExB helps you automate business processes with Intelligent Document Processing by eliminating redundant, manual processes and reducing your organization’s reliance on inflexible, slow workflows and processes. By choosing ExB, you secure various benefits. Among them:
- Time savings: our IDP system can analyze complex documents and unstructured data in seconds and extract important information.
- Improved accuracy & data quality: Precise extraction and validation of your data and automatic processing of documents using artificial intelligence (AI) minimizes errors.
- Faster response times: Automated processing of incoming requests ensures an efficient and timely response to customer needs. Seconds become days.
- Seamless integration: ExB’s IDP software enables rapid integration into existing systems.
Improved process automation: After data capture and verification, the information can be used to initiate automated workflows in various business areas such as invoice processing, customer inquiries and compliance. This saves your company time and valuable resources. You can process incoming requests automatically and respond to customer needs in a timely manner.
Our ExB typical use cases are part of the business process automation spectrum: The aim of ExB is to extract data from various document forms and convert it into a structured form that can be used for further automation or analysis purposes. IDP is an important step towards business process automation, especially for SMEs and large companies with a large number of documents to process (approx. 20,000 per year).
Contact us now without obligation or book a free demo in which we will give you a non-binding insight into our IDP platform.
Is AI worth it?
Artificial intelligence (AI) is increasingly finding its way into our everyday lives and corresponding solutions will become a natural component of digital change in large companies and German SMEs in the coming years. But is AI also worthwhile for your company?
“Thanks to ExB’s software, we were able to master the challenges of document processing in the logistics sector. The automatic assignment of order documents and the generation of instructions for our employees have significantly simplified and accelerated our processes.”
“ExB’s advanced technology enabled us to not only overcome AGILA’s challenges in animal health insurance, but also to provide added value. The high precision and automation of ExB’s AI extraction was a key factor in this.”
“When it comes to innovation, we’ve come to see ExB as the thought leader in AI and IDP, and a valuable sparring partner capable of championing the key strategic role of ML and automation.”
“Thanks to the collaboration with ExB, we have been able to tremendously optimize our email processes in conjunction with our procurement system. It is as if we have received a digital extension of our team, working tirelessly and accurately.”
Further information on the AI software from ExB
Explore our comprehensive platform overview, discover the benefits for your industry and expand your knowledge with our informative IDP blog and advice section.
Find out what IDP is, how our platform works and what advantages it offers.
With ExB, you can automate your document processing - no matter what industry your company belongs to.
In our blog, we report on the latest developments and explain exciting trends relating to IDP and AI.
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