business efficiency Archives • Xeltodigital.com

Revolutionizing finance with automation and artificial intelligence

Revolutionizing Finance with Automation and Artificial Intelligence 🤖💰 Automation and artificial intelligence (AI) have transformed the world of B2B business, bringing revolutionary changes to financial operations and payment processes. 🔄💳 Digitization and payment automation enhance the transparency of working capital and financial processes, helping companies meet market challenges. 📊🔍 According to the PYMNTS report, as many as 93% of financial directors have noticed the benefits of automation, such as reducing delays in invoice tracking and preventing fraud. 📈💼 Artificial intelligence not only improves forecasting but also opens up new opportunities for financial directors in running their businesses. 🌐🔮 However, we must not forget about generative artificial intelligence (Gen AI), whose market value is expected to soar to an astronomical sum of $1.3 trillion by 2032! 🚀💹 Gen AI is the key to automating tasks, processing payments, chatbots, recommendation systems, and much more. 🤖🗣️ In conclusion, it is important for companies to thoroughly assess the impact and value of these advanced technologies to ensure maximum benefits and efficiency. 📝🎯 Invest in the future with automation and AI. Contact us and find out how XELTO DIGITAL can assist you! 🚀🤝📈 Author: Joanna Sioła, Digital Sales Specialist

11/10/2023 10:30

ludzie współpracujący w firmie nad technolgią

Unlocking the potential of RPA technology for collaboration and innovation

Unlocking the Potential of RPA Technology 🔍 RPA Technology, although it may seem like a simple technology, currently plays a crucial role in connecting systems and data to optimize manual processes in businesses. 🌐 But is this the end of its positive values? 1. Relationship & Communication In every company, effective collaboration and communication between teams are the foundation of innovation and productivity. RPA, with its versatility and adaptability, can bring more benefits than it seems, promoting open communication and innovations at various levels of the enterprise. 🤝 Above all, RPA can help improve the flow of information between different teams. Through process automation, data can be transmitted quickly and accurately, eliminating the risk of human errors. This allows for faster response times and improved efficiency. Employees have access to up-to-date and accurate information, making decision-making and problem-solving easier. As a result, collaboration between teams becomes smoother and more effective. 2. RPA & Innovation RPA has the potential to be the foundation of collaboration and innovation, especially in the context of emerging technologies like generative artificial intelligence. 🤖 However, RPA is not just a tool for replacing people; it is also a crucial element of development in the era of artificial intelligence (AI). RPA and AI together create a powerful tool that allows organizations to automate processes while generating new ideas and solutions. Thanks to RPA, organizations can optimize their business processes, eliminating errors and increasing efficiency. However, the combination of RPA and AI offers the opportunity to create something truly innovative, contributing to the development of the company. 3. Integrating Humans We believe that RPA has the potential to succeed in this role as a technology based on humans, not just IT. Without the engagement and support of people, change will not happen. 🌿 Integrating humans with RPA does not mean replacing employees with robots. On the contrary, RPA aims to support employees and offers many benefits, such as increased efficiency and the elimination of routine tasks. People need to be aware of the potential of RPA and how it can improve their daily tasks. RPA is more than just automation – it is a key technology that can transform the way your company operates, providing a foundation for collaboration and innovation. Time will tell how the landscape of artificial intelligence and automation will unfold and how it will be received. But we believe in the potential of RPA and in people who are capable of achieving success both now and in the future. 🙌 Don’t miss this opportunity to discover the potential of RPA and how it can impact the future of your company! 🚀 Contact us to discover how we operate and how RPA can change the future of your company! Author: Monika Serafin, Service Delivery Manager

27/09/2023 10:04

AP automation using OCR and RPA: The future of finance 💼🤖.

The Future of Finance: OCR and RPA Revolution in Accounts Payable Automation 💼🤖 The supplier invoice reconciliation process (AP) involves a seemingly never-ending list of tasks, and errors can incur significant costs. It’s a complex process involving many steps. Automating AP using Optical Character Recognition (OCR) and Robotic Process Automation (RPA) is the answer to the growing challenges faced by finance departments. It allows freeing up employees’ time to focus on more strategic tasks. With digital technology, they can improve decision-making, minimize risk, and predict future financial results. According to Prophix’s 2023 Finance Leaders Survey, over 65% of financial leaders aim to automate half of their tasks by the end of 2023. However, they need the right tools. 📊📈 What Is AP Automation? The AP automation process enables the Accounts Payable reconciliation team to process invoices digitally, utilizing OCR and RPA technology instead of manual input. This eliminates monotonous and time-consuming tasks associated with manual data entry, contributing to improved efficiency and error reduction. Why Should You Automate Accounts Payable Reconciliation? Automation of the Accounts Payable reconciliation process offers numerous benefits: ⏰ Time Savings: Eliminating manual invoice processing speeds up the entire process. 💪 Increased Efficiency: Shorter approval times and improved productivity. ✅ Enhanced Accuracy: Reduced errors, especially in payments. 📝 Compliance Implementation: Building robust audit trails. 🤔 Fewer Queries: No inquiries about payment status since the robot informs about all statuses upon completion. Which AP Tasks Can Be Automated? Automation can handle many tasks in supplier invoice reconciliation, resulting in savings of both time and cost: 💻 Data Entry: Automating data entry eliminates errors associated with manual data input. 🧾 Invoice Matching: Three-way invoice matching allows for quick and accurate invoice alignment with other documents. 📊 Invoice Coding: Automation enables setting rules that automatically add the correct code from the general ledger to each invoice. ✅ Approval: Automatic approval submissions to all necessary approvers expedite the process. OCR and RPA technologies are revolutionizing how companies manage their finances. It’s not just about saving time and money but also achieving more efficient and accurate payment control and building better relationships with suppliers. This investment shapes the future of the company’s finances. 🚀💰 Learn more and schedule a free consultation to discuss automation possibilities for your company! Author: Monika Serafin, Service Delivery Manager

15/09/2023 09:30

osoba pisząca na laptopie, rozmowa z chatGPT

RPA implementation challenges: our experiences with ChatGPT

Our experiences with ChatGPT in exploring RPA implementation challenges 🥼 🔎 Many organizations, in order to better understand the potential difficulties they may encounter when implementing RPA, turn to artificial intelligence, specifically ChatGPT, to create a list of RPA-related challenges. 📃 As a result, the experiences can be intriguing but also somewhat disappointing 😥. Today, we would like to share our insights with you – we decided to see what challenges and issues related to RPA implementation ChatGPT would provide us with. Here are our findings: ➡️ The list of challenges presented by ChatGPT included commonly known and frequently discussed items. These included, among others, integration with existing systems, managing organizational changes, adapting processes for automation, and data security issues. These challenges are crucial, but they were not news to us. 🛟 🔐 ➡️ We also did not receive any tips or more detailed, non-standard suggestions. Unfortunately, ChatGPT did not provide valuable industry-specific knowledge or organizational insights. It’s challenging to understand what specific difficulties one might encounter in a given situation and what the best practices are for overcoming them. ⚔️ Despite the unfavorable conclusions, we must not forget the potential benefits of leveraging AI-based tools, such as ChatGPT, to analyze RPA implementation challenges. This can serve as a starting point for further research and discussions, enabling us to approach RPA implementation more consciously and effectively. 💬 In summary, ChatGPT is a powerful tool for exploring potential challenges, but its results are limited to the available general knowledge. Collaborating with a professional automation firm can significantly facilitate the RPA implementation process and accelerate its success. However, it’s essential to choose the right company with experience in automation to ensure the best results. 💡 Write to us and see for yourself how to overcome challenges and effectively introduce RPA into your company 💬 Author: Monika Serafin, Service Delivery Manager

06/09/2023 09:30

Why are companies specializing in RPA best suited for automation?

𝐑𝐏𝐀 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 𝐚𝐫𝐞 𝐭𝐡𝐞 𝐛𝐞𝐬𝐭 𝐩𝐚𝐫𝐭𝐧𝐞𝐫 𝐟𝐨𝐫 𝐚𝐮𝐭𝐨𝐦𝐚𝐭𝐢𝐨𝐧 👍 🥇 The urgency to automate has never been greater. The key, however, is choosing the 𝐫𝐢𝐠𝐡𝐭 𝐩𝐚𝐫𝐭𝐧𝐞𝐫 𝐭𝐨 𝐥𝐞𝐚𝐝 𝐭𝐡𝐢𝐬 𝐭𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐚𝐭𝐢𝐨𝐧𝐚𝐥 𝐣𝐨𝐮𝐫𝐧𝐞𝐲. While traditional IT services firms have long been trusted for technology implementations, specialized RPA services consulting firms are now stepping into the spotlight, offering a 𝐮𝐧𝐢𝐪𝐮𝐞 𝐬𝐞𝐭 𝐨𝐟 𝐛𝐞𝐧𝐞𝐟𝐢𝐭𝐬. 💻 RPA firms have in-depth knowledge of RPA technology, its implementation and ongoing support. They take a holistic approach to process automation – supporting their customers’ organizations to achieve the highest possible return on investment. 📈 Here are some of the many advantages of RPA service companies: 1️⃣ 𝐄𝐱𝐩𝐞𝐫𝐭𝐢𝐬𝐞 – it’s what allows them to address industry-specific challenges and deliver customized solutions that meet the unique needs of each sector. 🛠️ 2️⃣ 𝐂𝐨𝐦𝐩𝐫𝐞𝐡𝐞𝐧𝐬𝐢𝐯𝐞 𝐬𝐮𝐩𝐩𝐨𝐫𝐭 – these companies have multidisciplinary teams with expertise in different areas of RPA implementation. Each team member focuses on his or her specific role in supporting the automation program, providing comprehensive and specialized assistance throughout the implementation journey. 👩‍💻 3️⃣ 𝐏𝐫𝐨𝐯𝐞𝐧 𝐦𝐞𝐭𝐡𝐨𝐝𝐨𝐥𝐨𝐠𝐢𝐞𝐬 𝐚𝐧𝐝 𝐟𝐫𝐚𝐦𝐞𝐰𝐨𝐫𝐤𝐬 – RPA service providers specialize in frameworks that provide the greatest possible value to any RPA program. By following a comprehensive framework, strategic and effective automation implementation is ensured, preparing your organization for long-term success. 📊 4️⃣ 𝐅𝐚𝐬𝐭𝐞𝐫 𝐝𝐞𝐥𝐢𝐯𝐞𝐫𝐲 𝐭𝐢𝐦𝐞 – By focusing on value delivery from the outset, RPA service providers help organizations reap the benefits of automation faster. 📈 5️⃣ 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐲 𝐭𝐨 𝐞𝐱𝐩𝐚𝐧𝐝 𝐚𝐧𝐝 𝐬𝐜𝐚𝐥𝐞 – automation is not a one-time project, but an opportunity that should grow and evolve over time. 🔄 By choosing the right partner, organizations can optimize their processes, improve efficiency, reduce costs and unlock the full potential of RPA , to remain competitive in a rapidly changing digital landscape. Contact us – we’d be happy to share our expertise on bringing RPA services to your organization! 💬 Author: Joanna Sioła, Customer Experience Specialist

01/09/2023 10:01

RPA’s role in regulatory compliance

What is the role of robotic process automation (RPA) in improving regulatory compliance? ⚖️ 🧾 Organizations are facing increasing obstacles in complying with compliance standards while maintaining operational efficiency in today’s complex regulatory environment. RPA has become a valuable tool to streamline and automate compliance activities. Here are some of the advantages of RPA to help ensure operational efficiency in an increasingly complex regulatory environment: 1️⃣ Automation of repetitive issues Regulatory compliance often requires repetitive manual operations, including data collection, verification and reporting. RPA technology can automate these time-consuming and mundane operations, freeing up valuable human resources for more strategic activities. RPA bots can collect and analyze data from multiple sources, compare information and provide accurate reports, eliminating human error and ensuring consistent compliance. 🤖 2️⃣ Real-time monitoring By continuously monitoring and analyzing data across multiple systems and applications, RPA enables real-time compliance monitoring. With RPA, companies can quickly detect compliance deviations or anomalies, allowing quick corrective steps to be taken. ⏱️ 3️⃣ Standardization processes Complex procedures and extensive manual interventions are often used in compliance processes, leading to discrepancies and inefficiencies. The RPA can standardize compliance procedures by following pre-defined rules and workflows, ensuring consistency in task execution. 💡 4️⃣ Improving reporting Compliance reporting is a time-consuming process that requires the collection and analysis of massive amounts of data. By automating data collection, validation and report creation, RPA can dramatically speed up the reporting process. RPA bots can extract data from multiple systems, perform calculations and reliably generate compliance reports. RPA’s automated reporting functions save time, reduce manual labor, and enable companies to reliably meet reporting deadlines. 📃 Organizations that use RPA can better allocate resources to strategic objectives, improve overall operational efficiency, and effectively manage an ever-changing regulatory framework. Contact us to discover how automation can help your business! 💬 🤝 Author: Monika Marczyk, Project Manager

30/08/2023 10:00

Impact of RPA automation on truck route optimization efficiency

How does automation improve truck route optimization? 🚚🤖 We are a team that is very familiar with automation for logistics and transportation companies. We know that automation is a huge breakthrough in optimizing processes that are especially complex like truck shipping operations! 🚛 The night distributor sector and out-of-hours operations are extracting huge benefits from the use of RPA. During difficult time periods, RPA can handle multiple tasks without fatigue, such as keeping statuses up-to-date or responding quickly to critical incidents. This ensures that the quality and speed of shipping operations remain consistent, regardless of the time of day or night. This results in fewer errors, a higher level of accuracy, and increases the efficiency and reliability of dispatcher operations. 💯 In addition, automation can provide real-time updates and tracking, take care of regulatory compliance, and optimize routes based on variables such as traffic or weather conditions. All of this information provided to the appropriate personnel allows for more efficient fleet management. 🚐 RPA is not just about automating tasks. It’s also about supporting the symbiotic relationship between people and technology to increase efficiency, ensure accuracy and redefine capabilities in truck shipping. Logistics companies are increasingly recognizing the potential of RPA and are actively integrating this powerful tool into their own operations, proving their commitment to innovation and exceptional service. 💡 RPA is becoming a groundbreaking software ally that works around the clock, optimizing operations and enabling seamless collaboration between dispatchers, drivers and end customers. The paradigm shift toward artificial intelligence and RPA in truck dispatch is not just a vision of the distant future – it’s a transformation process that is already unfolding. 🚀 Contact us to learn more about our capabilities in logistics and transportation! Author: Monika Serafin, Service Delivery Manager

17/07/2023 09:18

właściciel małej firmy przytłoczony obowiązkami

Is process automation only for large companies?

Is process automation only for large companies? According to the latest “Polish Labor Market Barometer,” automation activities are currently being implemented in 31% of medium-sized and 22% of small companies. What benefits can RPA bring to small companies? ✅ Additional virtual hands on work: RPA helps cut costs by employing a virtual assistant and reducing manual errors 💼 ✅ Competitive advantage: Using RPA gives your small business a competitive advantage. By automating processes and increasing efficiency, you can reduce turnaround times, provide better customer service and stay ahead of the competition in today’s dynamic business world. 🏆 ✅ Streamlining workflow: RPA integrates with existing systems and applications, enabling seamless data transfer and streamlined workflows across different areas. This streamlined collaboration results in smoother business operations 🔄 ✅ Better customer service: Delighting customers is critical to the success of small businesses or start-ups. RPA enables you to provide faster response times, efficient order processing and personalized service. By automating customer service tasks, you can focus on building meaningful relationships and delivering exceptional experiences. 🤝 ✅ Easy scalability: when your business is ready to grow, RPA grows with you. As your business grows, automation easily scales to handle increased workloads. It seamlessly adapts to growing demands without compromising performance or incurring significant infrastructure costs. 📊 If you’re a small business owner, RPA is a tool you should consider. RPA can help you save time, money and improve efficiency. Contact us to discuss how we can help you implement RPA in your business! Author: Monika Serafin, Service Delivery Manager

26/06/2023 13:12

Digital transformation

Are you ready for a digital transformation? See how RPA can help you! 🎯💻 Here are some tips on how to prepare for digital transformation with RPA in your company: 1. Set clear goals and tasks: What do you want to achieve with RPA? Do you want to increase productivity, reduce costs or improve customer service? Once you know your goals, you can start identifying processes that are suitable for automation. 🎯 2 Assess your current state: How are your current processes? How are they executed? Are they structured? By understanding your current state, you can begin to identify areas where RPA can add the most value. 📊🔍 3 Identify your needs as a company: Consider what you can best use robots for. Consider factors such as the size of your company, the complexity of your processes, and the importance of the process to the operations of your entire company or department. 🏢💡 4 Education on RPA: Many employees may not be familiar with RPA, so it is important to educate them about the technology and how it can benefit them. 📚👩‍💼👨‍💼 5 Look for ways to improve your processes and products: a culture of continuous improvement will help identify new automation opportunities and ensure that RPA implementation is successful and the organization improves. 🔄📈🔧 By following these tips, you can prepare your company for digital transformation with RPA. RPA is a powerful technology that can help increase efficiency, reduce costs and improve customer service. By taking the time to prepare, you can be sure that your RPA implementation will be a success. 💪🤖 If you’re not sure how to achieve this, we invite you to a free consultation to help you get closer to succeeding in the digital age. 🤝 Author: Monika Serafin, Service Delivery Manager

23/06/2023 13:22

5 myths about robotization

Today we’re debunking the 5 most popular myths about robots and RPA automation! Myth 1: RPA is only for cost reduction 💰. Cost reduction is the main advantage of RPA, but it’s not the only reason companies choose to implement it. RPA can also be used to improve productivity, eliminate human error, and free employees from monotonous work and encourage them to focus on more strategic and creative work. Myth 2: Robots don’t make mistakes 🤖. Although robots are very good at following instructions, they are not infallible. They can make mistakes, for example, when they encounter an exception to the rules they know. However, these errors can be easily detected and corrected. A robot can be programmed to signal any mistakes it makes. Myth 3: Robots will replace humans and take away their jobs 👨‍💼 RPA aims to automate repetitive and monotonous tasks that were previously performed by humans. This allows employees to focus on more valuable and creative tasks that require skills, such as data analysis, process management or customer interaction. Automation can lead to the evolution of occupations and the acquisition of new competencies by employees Myth 4: Having a large number of robots is necessary to realize financial benefits from the investment 🔢. RPA can be implemented with a small number of robots. In fact, many companies start with one or just a few robots and then scale up as needed. This is because RPA is a highly scalable technology. Myth 5: Modern robots have the ability to think at a similar level to humans 🧠. Robots perform programmed tasks and instructions according to specific rules. Although they can perform complex sequences of actions, they are limited to actions based on algorithms and rules. RPA robots have no awareness or ability to think creatively, understand context or make decisions based on subjective factors. Discover facts about robot errors, the future of human jobs and the scalability of RPA. Contact us to discover more! Author: Monika Serafin, Service Delivery Manager

24/05/2023 11:50

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