SaaS business process automation platforms such as Celaton’s inSTREAM™ are designed specifically to deliver vertical AIs and task automation within a business process. By understanding the full journey of inbound documents such as customer correspondence and the tasks required to process them, for example opening an email, reading it, understanding its meaning and intent, looking up customer details in order systems or validating that products mentioned by a customer have been purchased by them can be chained together to deliver real end-to-end value and ongoing optimisation.
Another vertical AI is to convert the plethora of different document types invoices are received into a common format, extracting the details from the invoice, applying business rules and validations and these are once again delivered as a full end-to-end process.
Business workflow, RPA, and vertical AI can be used together to achieve digital transformation. It’s important to recognise, however, that we don’t live in a perfect world and sometimes exceptions will happen – something that a machine can’t handle. In cases like this, HITL (‘human-in-the-loop’) is employed, ensuring high-value tasks can still be performed by people in tandem with robot assistance.
Original article: https://www.linkedin.com/pulse/understanding-vertical-ai-optimising-process-just-automating-banks/