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 bot enable financial process automation


3 Ways IQ Bot Enables Financial Process Automation

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Most researchers agree approximately 80% of any organization's data is hidden in multiple sources, such as emails, PDF application forms, and paper documents. This data often goes unused because of the time and resources required to get meaningful information from it. Even then, the data often needs to be manually rekeyed into multiple locations. Combined with Robotic Process Automation (RPA), IQ Bot enables banking, financial services, and insurance (BFSI) companies to take advantage of intelligent document processing (IDP) to extract valuable data and streamline operations. IQ Bot blends multiple artificial intelligence (AI) technologies, such as computer vision, machine learning, and natural language processing (NLP), to glean relevant information from any type of document, add structure to the data, and deliver the results to multiple applications.