Why cloud IT spending will experience a major boost in the ‘new normal’
As economies gradually re-open during the post-pandemic phase, the need to conduct postponed IT projects will lead to new IT spending—but in a changed world. In the ‘new normal’ post-pandemic times, companies will re-evaluate their IT plans, and very likely pursue cloud IT strategies.
Shifting from short term continuity to long term transformation in Accounts Payable
Your accounts payable department made it through the initial fire drill stage of the crisis and has now stabilized, but you and other leaders have come to terms with the lack of agility in your AP processes and prioritized a process automation project. If this scenario sounds familiar, you are not alone.
Four Ways Process Intelligence Is Transforming Healthcare
Healthcare is unique from many other businesses because of the ad-hoc nature of the business. Very rarely is there a straightforward process, and oftentimes, process data is spread across numerous platforms that rarely interact together, requiring a comprehensive solution powered by artificial intelligence to provide a deeper understanding of their business processes, and the people and data that moves them. Meet Process Intelligence.
ABBYY Digital Intelligence Recognized as “Trend-Setting Product of 2020”
ABBYY is honored to be recognized by KMWorld in its “Trend-Setting Product of 2020” listing for its Digital Intelligence Solutions. Since 2006, KMWorld Magazine has recognized ABBYY in its annual “Trend-Setting Products” of the year.
How the COVID Era Makes KYC/AML Interesting
By now it is accepted as given that banking interactions and the processes and technology enabling them have become normalized around social distancing. The accelerated adoption of Hyperautomation, originally conceived for making operations more efficient with AI and bots, now is a strategic element of making contactless business for both customers and employees work.
Do You Need Process Intelligence for Successful Digital Transformation Outcomes?
While 80% of the companies surveyed by McKinsey consider digital transformation a top corporate priority, nearly 70% fail to meet expectations. ABBYY Process Intelligence is designed to help organizations discover and measure how current processes work, identify process bottlenecks, and surface areas for process optimization based on four foundational pillars.
Accelerating Digital Transformation in Logistics
To drive growth and profitability, shippers need to transform back-office functions in a manner that reduces manual processes and integrates processing through the entire supply chain with both carriers and trading partners, notes Bruce Orcutt, SVP of Product Marketing at ABBYY in a recent feature in Inbound Logistics.
Financial Industry Becoming Leaner through Digital Intelligence
It’s no secret that digital transformation has become a necessity for businesses to gain a competitive edge. With increasing customer expectations, the ability to get processes done faster and more efficiently has never been more important.