Applied AI Solutions -> Business Process Automation
Business Process Automation
Business Process Automation is a powerful capability that enables organizations to automate various business processes to enhance their efficiency and reduce costs. At Veraqor, we offer customized business process automation solutions that leverage advanced artificial intelligence techniques to help organizations streamline their workflows, increase productivity, and enhance customer satisfaction.
Applied AI
80%
or more organizations reported that they are investing in AI initiatives.76%
of companies in 2024 are either piloting or implementing real-world AI solutions.∼40%
is the amount of productivity boost reported by various organizations.What You Can Do
Manual processes stifle productivity; embrace automation for seamless operations.
Relying on manual processes for routine tasks leads to inefficiencies and delays. AI-driven business process automation transforms these workflows, improving speed and consistency. This enables businesses to reduce human errors, cut costs, and allow employees to focus on higher-value tasks, driving productivity across departments.
Human errors pose risks; leverage AI for consistent performance.
Repetitive tasks often result in mistakes when performed manually. Business process automation applies AI to execute tasks consistently and accurately, reducing the risk of errors and ensuring that operational workflows run smoothly and predictably, which is essential for critical functions like compliance or financial reporting.
Inefficient resource allocation hampers performance; utilize AI to optimize distribution.
Allocating resources manually can lead to underutilization or overextension of employees and systems. AI automation solutions dynamically allocate resources based on real-time demand, ensuring that workflows are efficiently managed and improving overall business performance.
Paper workflows lead to delays; switch to digital operations through automation.
Many companies still rely on paper-based processes, which slow down decision-making and create logistical hurdles. By digitizing these processes, AI automation accelerates workflows, improves transparency, and ensures that decisions can be made based on real-time data.
Technical Capabilities
Document Understanding
Veraqor’s AI-powered artificial intelligence services offer multiple advantages, which include improved data accessibility, efficient information extraction, automated analysis, and enhanced decision-making based on the insights derived from documents. With our OCR expertise, we enable your business to unlock the value of unstructured data and streamline processes related to document management, content understanding, and knowledge extraction.
Claims Management & Automation
Our team of AI developers can help organizations design and implement automated processes that identify claims, extract data from claim forms, verify the accuracy of the data, and automate the claims processing workflow using artificial intelligence. This saves your organization valuable time and money while improving the accuracy and speed of claims processing.
Our Partnerships
Growth Recognition
See How Organizations Are Innovating
Situation
Coca-Cola Bottling Company United struggled with inefficiencies in their order processing and inventory management due to outdated systems. Manual workflows resulted in delays, errors in orders, and challenges in tracking inventory levels, affecting customer satisfaction and operational performance across their distribution network.Solution
To address these inefficiencies, Coca-Cola Bottling Company United implemented Microsoft Dynamics 365 and Power Automate as part of their Business Process Automation strategy. This solution enabled the automation of order entry, inventory tracking, and reporting processes, enhancing data visibility and workflow efficiency.Impact
The automation of business processes resulted in improved accuracy in order processing and reduced time spent on manual tasks. Coca-Cola Bottling Company United achieved enhanced inventory management, leading to better service levels for customers across their supply chain.Situation
Maersk faced challenges in managing shipping logistics and documentation processes due to the complexity and volume of operations in their global shipping business. Manual documentation and data entry were time-consuming and prone to errors, impacting overall efficiency and customer satisfaction.Solution
To streamline their operations, Maersk adopted Microsoft Azure and Power Platform as part of their Business Process Automation efforts. By automating documentation workflows and leveraging AI for data extraction, Maersk enhanced its ability to manage shipping logistics more effectively and with greater accuracy.Impact
The implementation of Business Process Automation led to significant improvements in Maersk's operational efficiency, reducing the time required for processing shipping documents and enhancing customer interactions. This transformation not only improved accuracy but also strengthened Maersk's position as a leader in the shipping industry.Generating Business Value Across Functions
Streamlining Government Service Delivery
Government agencies can automate citizen services like permits and licenses, reducing wait times and enhancing transparency. By implementing process automation, agencies can improve service efficiency, resulting in better citizen satisfaction and optimal resource allocation while maintaining compliance with regulations.
Automating Financial Transactions and Reporting
In finance, business process automation can streamline transaction processing and regulatory reporting. Automated workflows reduce human error, enhance compliance, and facilitate real-time data access, enabling faster and more accurate financial analysis and decision-making, which ultimately leads to cost savings.
Enhancing Manufacturing Production Efficiency
Manufacturers can implement automation to optimize production lines by synchronizing equipment and workflows. Automating routine tasks minimizes downtime, reduces labor costs, and ensures quality control, leading to increased productivity and reduced operational costs while enabling real-time monitoring of production metrics.
Optimizing Oil and Gas Operations
The oil and gas sector can utilize business process automation to enhance operational efficiency, from drilling to distribution. Automating workflows in maintenance, compliance, and reporting helps reduce costs, improve safety measures, and ensure regulatory adherence while maximizing asset utilization.
Improving Mining Operations Management
In the mining industry, process automation can streamline logistics, equipment monitoring, and compliance reporting. Automating these processes enhances decision-making, reduces downtime, and minimizes manual errors, resulting in improved operational efficiency and increased safety in often hazardous working environments.
Transforming Retail Inventory Management
Retailers can leverage automation to optimize inventory management by automating order processing, stock tracking, and demand forecasting. This leads to reduced holding costs, minimized stockouts, and enhanced customer satisfaction through timely product availability, ultimately improving profitability.
Streamlining Supply Chain Coordination
Business process automation in supply chain management enhances coordination between suppliers, manufacturers, and distributors. Automated workflows facilitate real-time data sharing, order tracking, and inventory management, leading to improved visibility, reduced lead times, and better decision-making across the supply chain.
Automating Claims Processing in Insurance
In the insurance sector, automation can streamline claims management by automatically extracting data from forms, verifying information, and managing workflows. This reduces processing times, enhances accuracy, and significantly lowers operational costs, leading to improved customer satisfaction through timely claims resolution.