An incremental approach in the pursuit of intelligent automation
According to projection reports from IDC, 80% of worldwide data will be unstructured by 2025. While data has been regarded as the new oil, using unstructured data for business purposes poses various challenges. Organizations are looking for ways to make business processes more efficient by introducing intelligent automation and processing of unstructured data becomes one of the key success factors.
Robotic process automation (RPA) has helped companies in automating simple, straightforward, rule-based, structured processes targeting low hanging fruit. However, a more intelligent, incremental approach is required to target processes when data is unstructured or semi-structured.
Cognitive automation is the process of identifying and structuring the data to enable intelligent automation for the business. Cognitive automation brings much needed intelligence into rule-based RPA. Here, cognitive elements such as machine learning (ML), natural language processing (NLP), and others may be used to make sense of the data. It augments RPA with AI capabilities to tackle more challenging processes.
HGS cognitive agents or digital workforce can perform the following functions:
- Identify unstructured and semi-structured data
- Classify and index the data
- Interpret or contextualize the data
- Enable the subsequent tasks for automation
Types of cognitive automation
ML-led image content processing
This type of content processing lets you extract data from images or scanned documents. This could be applied across processes like invoice processing, employee /customer onboarding, policy enrolment, check processing etc. Here the bot extracts the information from unstructured sources and presents the data in a structured format for processing.
ML-led NLP based automation
By interpreting text-heavy rules to translate observations from unstructured data into process-ready content, you can create seamless interactions between humans and technology. This can be applied across processes like request intake, financial anomaly detection, claims processing, and more.
Using ML and NLP, you can build a virtual workforce capable of executing tasks and learning from data sets, including decisions based on emotion detection. Cognitive agents can support both customers and employees. These virtual agents can be used in customer service, email reading, call notes, customer feedback and any other free text extraction.
Cognitive automation: A use case
Here’s an example of how invoice processing gets a lot easier and simpler to handle by using a combination of cognitive automation and RPA. A few challenges faced by organizations in invoice processing are:
- There are multiple invoice requests in a day with stringent timelines
- The range varies from a single line to multiple lines to multiple pages
- The input is an image, making the data difficult to extract
- Some companies have different types of documentation and processes
Cognitive bots are used to extract the relevant information from these unstructured sources and then process the invoice and post payments on SAP. This results in a reduction of manual effort and improvement in response time and speed of processing.
Intelligent content processing
Organizations are looking to transform their business workforce by combining optical character recognition (OCR), RPA, AI, and analytics to automate their business processes.
We at HGS, have developed an in-house solution to address this need- intelligent content processing (ICP). ICP uses a combination of ML, NLP and other such competencies to extract data from semi-structured and unstructured sources, get insights from the data points, and take action for further processing.
ICP analyzes images, detects if the image contains text, and extracts the text into a machine-readable format using ML techniques. Extracted content is presented in a consumable format for bots and/or human agents according to process requirements. ICP utilizes ML models to identify the type of document and extract content to make the process less dependent on document templates.
Intelligent automation-related services
HGS Digital provides end-to-end automation services.
Robotic process automation
Business process reengineering
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