The AIIM Blog
Keep your finger on the pulse of Intelligent Information Management with industry news, trends, and best practices.
Artificial Intelligence (AI) | Automation | Document Management
Having your cake and eating it, too, is a proverb that’s almost 500 years old, which means you cannot have two incompatible things at the same time. So many examples of situations exist where you face two mutually exclusive options. Let’s take document capture. Document capture software is designed to automate document-oriented tasks such as sorting or extracting key data. In order to achieve that automation, you must spend time to configure the software to identify documents and reliably locate and extract that data with a high enough degree of accuracy that your staff need only be involved in verifying a small percentage of it.
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We are barreling toward a future of automation. A great proportion of the six million US manufacturing jobs that have disappeared over the last few decades were lost as a direct result of automation’s slow absorption of physical labor and factory work. Now the pace is quickening. Because of the rapid development of artificial intelligence, the reach of automation is expanding, too.
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Making an ECM implementation successful requires planning and attention to detail. The best way to create the right solution is to identify organizational goals and priorities. Learn how to manage a successful implementation in our free guide.
Automation | Compliance | Information Governance
For our recent multi-client market research report on the emerging intersection between information governance & security and analytics & machine learning, we asked we asked 50 senior executives and decision-makers for their perspectives on more than twenty questions. We summarized the responses from five of those questions we asked into the handy infographic below. Here's a snapshot of what we found out!
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Artificial Intelligence (AI) | Automation
Artificial intelligence has the ability to change our lives for the better. Increasingly, businesses are looking to automation to complete tasks in a more cost-effective and efficient manner. Unfortunately, automation may lead to job loss. In fact, the finance, manufacturing, and service industries have already cut jobs due to automation.
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Accounting and Finance | Automation
AP Automation is an obtainable goal in this century, in this decade, this year! In fact, companies like Pepsi are already doing it. How may you ask? If you can relate to this stat from recent AIIM research where 52% of respondents say their invoice processes take at least three days – some up to as many as 25 days – when using manual solutions for invoice data entry, validation, and approval using paper, you are a prime candidate. So, where to start?
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Artificial Intelligence (AI) | Automation
Automation in the workplace is already well underway. The McKinsey Global Institute estimates that up to 50% of workplace tasks could be fully automated by 2055, if not before. For employees, this can be a daunting concept, as increased automation in professional settings could lead to job loss on a mass scale.
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