Advanced AI-Driven Back-Office Process Automation

The Problem

Every organization has back-office operations that have to be dealt with a day-to-day basis. These tasks may include: accounting, payroll, purchase order processing, data entry, application processing, digitization and more. While, some organizations handle these tasks in-house, some outsource these to external service providers. Regardless, these functions take up considerable amount of time and money due to the involvement of human resources.

Robotic Process Automation (RPA) has been instrumental in increasing levels of productivity across different industries for some of these activities. It has enabled businesses to scale operations effectively. However, RPA has limitations in the range of functions it can automate. Can AI be leveraged to facilitate advanced back-office process automation?

Solution

AI models deployed on Kranium can be used to deliver AI-driven process automation. AI models can help automate several processes that RPAs cannot reach. AI models can help automate most of the back-office operations. Reports state that such models can save companies anywhere between 20% to 40% of the costs.

Integrating these models can be done seamlessly with Kranium. In fact, Kranium APIs can be used to integrate these capabilities into existing technology products with ease. This means that the users can continue using existing software while all the heavy-lifting to complete tedious tasks will be performed by Kranium AI models.