Business Automation

We understand the criticality of optimizing business operations in todays challenging environments. Digital Transformation is no more a option but a mandatory inclusion in the growth strategy of organizations. Konvexe has partnered with Bautomate, an integrated AI enbaled platform which caters to entire digital transformation startegy of any organization. 

Bautomate integrates Robotic Process Automation (RPA) with a Business Process Management (BPM) layer, cognitive document automation, workflow orchestration and analytics to ease out the deployment process and time. The system allows orgnizations to track their compliance, reduce effort and improve profitability 

Bautomate Pillars

Industry Use Cases

Banking and Financial Institutes

In the banking industry, the loan approval segment involves lots of manual data entry processes such as customer identity checking, tax form verification, employer verification process, etc.

  • Reduce 90% of loan processing time

  • Extract the required data easily and send it to the banking system for final process completion

  • Extract the customer data from various customer identity documents and address verification documents

  • Capture the customer data from the KYC documents using OCR technique

  • Eliminate unnecessary human data entry error & time

  • High accuracy data validation process

  • Paperless process automation

  • Easy integration and AI-enabled verification process.

  • Reduce labor costs by implementing automatic data extraction.

  • Speed up the loan approval process by 50% and improve customer experience

Healthcare

In Healthcare, there are thousands of manual processes involved in documentation procedures such as patient admissions, approvals, discharge summary, billing, invoicing and many more.

Challenges

  • 98% of manual process documentation is prone to errors

  • Traditional processes are far more tedious and time-consuming

  • Delay of communication between the doctors and patients

  • Using the ineffective traditional methods to collect the patient blood test records, health check-up records in email or fax.

  • Poor execution of time by manual email checking, reports download, viewing, and verification process.

  • Some hospitals use handwritten forms that have a lot of checkbox questions. Manual entry in the EMR produces unwanted errors.

Why Bautomate?

  • Implement automation in various types of documentation methods

  • Bautomate can free-up your time so that businesses can focus on providing better services to the patient

  • Automatic data extraction helps in transferring the patient details to the database easily

  • Avoid repetitive processes

  • High data security

  • Get customized reports using AI-enabled OCR engine

  • Enhance the speed of data entry process upto 10 times

  • 70% Increased productivity

  • Achieve cost reduction in the business

  • 100% error-free and improved customer experience

  • Save the efforts spent on manual data entry work

  • Enhanced operational efficiency

  • Extract data from the structured / unstructured documents and convert them into machine understandable formats

Insurance

Insurance Claims

​Challenges

  • Most of the documents for insurance claims are unstructured and non-searchable.

  • Enterprise records are received in the form of paper, scanned images, emails, SFTPs, etc.

  • Manual data entry and document conversion is a hectic process

  • Employees handle the heavy burden of work which results in slow-down of process

  • Possibility of human errors

  • Business organizations suffer technical issues due to interrupted workflows

  • Delay in claim processing time

  • Inefficiency in manual data processing methods

Why Bautomate?

  • Automate the workflow and claims processing with AI-driven OCR technology

  • Set workflow rules and capture the data using OCR accurately

  • Convert the incoming content into high-definition PDFs

  • Identify, extract and sort the policy details easily

  • Transfer the policy data into your company’s online system directly

Payment Verification

​Challenges

An Insurance provider needs to reconcile excel files of their customers’ premium payments with bank statements (PDF attached to email), and then enter approved payments in the ERP system daily. The whole process took 1.5 hrs to 2 hrs per customer to execute manually.

Why Bautomate?

Bautomate reconciles the excel files with bank statements. The payment gets verified and approved automatically. Once validated, It enters information in the ERP system. This software eliminates the need of human intervention and eliminates errors.

Legacy Documents

​Challenges

Insurance companies have hundreds of file cabinets containing customer information in the form of invoices, maintenance records, accounts receivables, and employee files. Maintaining and managing all the records was very difficult and presented potential information security challenges.

  • Millions of pages were unsearchable due to paper formats

  • Customer inquiries could not be processed quickly due to manual searches of content

  • Physical relocation was not possible early due to the volume of documents

  • Additional off-site storage of documents was expensive in terms of accessibility and cost

  • Digitization was the urgent requirement due to high expectations of new, tech-savvy workers

Why Bautomate?

  • Reduce manual labor and physical space drastically 

  • Remove data duplication by classifying the customer records properly

  • Create the traceability reports which exposes the voucher numbers, invoice details, and date 

  • Deploy automation for highly efficient and accurate systems 

  • Better collaboration through digitization of records

  • Provide quick response for the customers

  • Better clarity in terms of data and decision-making capability

Robot

Automation needs innovation to succeed, we fuel innovation!

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