The data science community likes to speak of dark data and how they, as experts, can bring tremendous insight to any business by simply shining their analytical light on those hidden bits, bytes, and characters.
Traditionally, the need for DAM has been rooted in the idea that your content needed to be:
The concept of document automation is using a machine instead of a human to identify the document type and capture core business information from the document. Documents today do not typically mean paper. Email, web portals, and other communication mechanisms mean the documents seldom get to a physical form. This conversion from unstructured data into structured data is what we know as document automation.
What is DAM?
Digital asset management or DAM is term for organizing digital assets in a central location where they can be analyzed, stored, found, managed, distributed and secured. With DAM, users discover assets through a single user experience versus having to find them through disparate storage locations and systems.
When is Automation Intelligent? The Question You Should Ask Instead of "What is Intelligent Automation?"
To serve customers, businesses tend to solve process problems quickly—although not often also with efficiency. Instead, the solve often includes tasking workers with menial assignments. Requiring little thought, these mind-numbing tasks are often prone to error. They are also almost always integral to the larger process.
Accounts payable is a critical part of every business and takes up about 49% of every finance team’s time according to the AQPC’s Open Standards Benchmarking Database. Time is money and automation can greatly reduce costs with a decrease of up to 48% in processing time.
Over the past several years, businesses have begun to move away from using traditional ECM (Enterprise Content Management). Instead, seeking to address the ever-growing challenges—and opportunities—created by modern content realities, businesses have increasingly gravitated toward the adoption of Content Services platforms.
Learn how to eliminate choke points in medical claims processing with Genus ActiveClaim. This White Paper discusses how automation conquers the mundane tasks associated with CMS-1500 and UB04 forms for medical claims processors.