Industry Usecases

  • Purchase order processing and invoicing -Extraction of data from fax/emails/ paper to extract data
  • Inventory reconciliation – Gather data from a website or landing page, and reconcile it with raw material inventory to ensure that all materials have been received and that payment is accurate.
  • Consumer demand projections – Use available, unstructured data to produce demand projects for shorter turn around time
  • Supplier quality management – Monitor quality returns, track defect types by SKU, automate compliance and SLA reporting based on incoming quality data
  • Analyze sales data – Intelligent automation tools can also analyze sales data and uncover aspects that increase a prospect’s likelihood of purchasing
  • Lead Generation- IA can utilize “anonymous website visitor identification” to track the businesses that are browsing their data. This data once captured in the system can be used to identify relevant people in the organization to whom the Sales team may pitch the necessary solutions.
  • Vendor management – IA enabled vendor management to improve onboarding experience, vendor serviceability, minimizing vendor fraud, and improving procurement and accounts payable
  • Predictive forecasting – Accounts receivable benefit through predictive forecasting, intelligent classification of payers, payment tracking.
  • Reconciliations – AI coupled with RPA will help in identifying a large number of reconciliations, identify the issue, and in few cases even correct the problem or flag it for human intervention
  • Automatic processing of customer data need – Intelligent automation to link disparate systems on premises or in the cloud, enable automatic processing of customer data needs, maintain compliance, and eliminate mistakes to bridge the gap and give superior service
  • AI Powered Claims Management – Intelligent algorithms can be used to set up troubleshooting workflows in such a way that the customer is guided interactively through a process via voice or chatbot
  • Improved compliance – Intelligent Automation can perform compliance or regulatory regulations automatically and produce auditable trails.
  • Data Management – IA solutions can automatically discover and replace missing or erroneous data, anticipate and mitigate process flow exceptions, and comprehend UI changes.
  • Optimise processes – Reduce time to market for their offerings, streamlining management, improving auditing and monitoring for regulatory processes, assisting with marketing, and enhancing organizational processes.

Partners

Coming Soon

Team Members

Sushant Bindal

Sushant Bindal

Head of Innovation Partnerships
Mithilesh Waghmare

Mithilesh Waghmare

Deputy Manager
Sujata Borthakur

Sujata Borthakur

Community and Events Engagement
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Overview on Intelligent Automation

“Intelligent Automation- the agile path to successful digital transformation”

Automation today touches practically every element of business operation and is a must-have for organizations determined to live competitive. Intelligent Automation (IA) is the evolution of the current state of Robotic Process Automation (RPA) that manages to amalgamate Artificial Intelligence (AI) in-to operational workflows and processes end-to-end. It is a proven strategic lever that lowers costs or improves efficiency. Smart orchestration of intelligent automation helps in the design and creation of end-to-end business processes that make flexible and resilient modern business operating models possible and allow organizations to anticipate what’s coming and lead the change.

The COVID-19 crisis has accelerated digital transformation across the entire industry. The global digital transformation market size is expected to grow from USD 469.8 billion in 2020 to USD 1009.8 billion by 2025, at a CAGR of 16.5%. The intelligent process automation market was valued at USD 6.25 billion in 2017 and is projected to reach USD 13.75 billion by 2023

Overview EIC

NASSCOM COE-IOT presents the third edition of the Enterprise Innovation Challenge (EIC); A first-of-its-kind initiative dedicated to spurring industry engagements and developing collective capabilities to solve real-world challenges using technology-based innovations. The core objective of EIC is to exercise the innovations brought about by the Indian entrepreneurs and endorse the sustained engagement between Enterprises & Innovative Startups.

The theme for this edition of EIC is Intelligent Automation- Rejuvenating your Business through Technology! Where we intend to bring to highlight the role of Intelligent Automation in accelerating the digital transformation process. The program brings together multiple stakeholders of the ecosystem together to discuss this new age technology- its usage, success and challenges.

This season of EIC envisages discussing the keynotes and use cases concerning Business Process Management Solutions, converging multiple technologies like AI, RPA, Cloud, Utilizing low code applications etc. We are looking forward to hearing leaders who have implemented Intelligent Automation to drive success as well as promising startups to learn more on the potential of Intelligent Automation. Artificial Intelligence has the potential to contribute 10% of India’s GDP by 20251. The Intelligent Automation market to is growing at tremendous rates. The application of this can be done across a multitude of sectors and has the potential to help scalability and profitability of Enterprises, from customer support to employee engagement, and opens avenues for a digital transformation journey.

Sponsors

 

Coming Soon

Speakers

 

Coming Soon

Industry Usecases


  • Purchase order processing and invoicing -Extraction of data from fax/emails/ paper to extract data
  • Inventory reconciliation – Gather data from a website or landing page, and reconcile it with raw material inventory to ensure that all materials have been received and that payment is accurate.
  • Consumer demand projections – Use available, unstructured data to produce demand projects for shorter turn around time
  • Supplier quality management – Monitor quality returns, track defect types by SKU, automate compliance and SLA reporting based on incoming quality data

  • Analyze sales data – Intelligent automation tools can also analyze sales data and uncover aspects that increase a prospect’s likelihood of purchasing
  • Lead Generation- IA can utilize “anonymous website visitor identification” to track the businesses that are browsing their data. This data once captured in the system can be used to identify relevant people in the organization to whom the Sales team may pitch the necessary solutions.

  • Vendor management – IA enabled vendor management to improve onboarding experience, vendor serviceability, minimizing vendor fraud, and improving procurement and accounts payable
  • Predictive forecasting – Accounts receivable benefit through predictive forecasting, intelligent classification of payers, payment tracking.
  • Reconciliations – AI coupled with RPA will help in identifying a large number of reconciliations, identify the issue, and in few cases even correct the problem or flag it for human intervention

  • Automatic processing of customer data need – Intelligent automation to link disparate systems on premises or in the cloud, enable automatic processing of customer data needs, maintain compliance, and eliminate mistakes to bridge the gap and give superior service
  • AI Powered Claims Management – Intelligent algorithms can be used to set up troubleshooting workflows in such a way that the customer is guided interactively through a process via voice or chatbot

  • Improved compliance – Intelligent Automation can perform compliance or regulatory regulations automatically and produce auditable trails.
  • Data Management – IA solutions can automatically discover and replace missing or erroneous data, anticipate and mitigate process flow exceptions, and comprehend UI changes.
  • Optimise processes – Reduce time to market for their offerings, streamlining management, improving auditing and monitoring for regulatory processes, assisting with marketing, and enhancing organizational processes.

Partners

Coming Soon

Team Members

Sushant Bindal

Sushant Bindal

Head of Innovation Partnerships
Mithilesh Waghmare

Mithilesh Waghmare

Deputy Manager
Sujata Borthakur

Sujata Borthakur

Community and Events Engagement
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