Efficiency Archives • Xeltodigital.com

Maximizing productivity with AI: enhanced team collaboration

Discover the potential of AI – your future with innovative collaboration 🚀 In our team, we continually seek innovative methods to enhance our productivity and creativity. Today, we are eager to share our thoughts on the role artificial intelligence (AI) can play in projects. 💭 Wondering about the benefits? 1️⃣ Productivity growth – implementing AI can increase work efficiency by 30-80% in tasks related to writing and programming. 2️⃣ Personalization – AI adjusts to individual needs and skills. It offers unique solutions for each user. 3️⃣ Task automation – AI can take over the execution of routine tasks. This allows you to save time for more complex projects. 4️⃣ Centaur collaboration – combining human creativity with the computational power of AI opens new horizons in project implementation. How to collaborate effectively with AI? 🤝 ➕ Know its strengths and weaknesses – just like when introducing a new team member, it’s important to know the strengths and weaknesses of AI to maximize its potential. 🤖 Set the rules of the game – determine which tasks will be performed by AI and which will remain in human hands. 🥼 Be open to experiments – it’s worth testing AI in various areas. Basic AI tools you can use: Microsoft Bing in Creative Mode – easily accessible and versatile, ideal for a wide range of applications. GPT-4 from ChatGPT Plus – advanced, offers calm and balanced responses. Anthropic’s Claude – characterized by longer memory and pleasant interaction. Midjourney – specializes in creating images, perfect for visual projects. Integrating AI into your team is a way to introduce an untiring workforce that is ready to support your actions. Its use depends solely on your creativity and needs. 🔗 Contact us, and we will gladly show you how AI can revolutionize the way you work

20/02/2024 11:30

Effective use of RPA’s leading technologies

Automation at XELTO DIGITAL using cutting-edge technologies 🚀🌐 We proudly emphasize that we utilize leading tools for robotic process automation (RPA) in our operations to ensure smooth, efficient, and innovative automation. ✨ What is RPA? Robotic Process Automation (RPA) enables the automation of repetitive and manual processes in the business environment through software robots. They mimic human behavior, collaborating with digital systems similarly to how humans operate, leading to improved customer service, lower operational costs, and increased productivity. 🔍 Several leading technologies used by us: 1️⃣ UiPath 🌟 Facilitates automation through an intuitive “drag and drop” interface. Multidirectional integration ensuring collaboration with various systems. A toolkit tailored to your automation needs. 2️⃣ Blue Prism 🛡️ Security as a priority for critical business operations. Scalability that grows with your business. Rich feature set for advanced automation. 3️⃣ Automation Anywhere 🚀 Combines traditional RPA with modern technologies such as cognitive automation. Ready-to-integrate connectors with various platforms. Insight into processes through advanced reporting capabilities. 4️⃣ SAIO 🏦 A platform based on years of collaboration with experts in process robotics from the ING Bank Śląski Group. Combining RPA with artificial intelligence (AI) technology. With these tools, we can not only optimize our processes but also deliver added value to our clients. We invite you to contact us if you would like to discover more about how we use these technologies in practice! ✉️ Author: Monika Serafin, Service Delivery Manager

18/10/2023 10:00

Unlocking the power of OCR technology for digital transformation

Unlocking the Power of OCR Technology for Digital Transformation Optical Character Recognition (OCR) converts printed documents into digital images, allowing for their editing and sharing in the digital world. Imagine scanning a receipt that becomes editable text instead of a static image. That’s what OCR does! 📄➡️🖥️ Why should you pay attention to OCR? 💡 We live in a time where environmental conservation is crucial. Despite efforts to reduce paper consumption, many companies still rely on traditional documents. OCR technology not only minimizes the need for paper but also facilitates document management and saves space. With OCR, you can speed up processes, reduce errors, and increase productivity! 💼🌱 Advantages of OCR technology 🚀 No more manual data entry 🙌 Speed and efficiency 🚀 Searchable text 🔍 Savings and team satisfaction 😊 What is the difference between OCR and AI OCR? 🤖 While traditional OCR identifies text, AI OCR, using artificial intelligence, understands context, making it more precise and efficient. Examples of OCR usage range from data entry from invoices to recognizing road signs and tools for the visually impaired – OCR technology is everywhere! 🌐🔝 If you are a company looking to modernize your processes and introduce innovations, OCR may be the answer! Contact us to find out how we can assist you! 🚀 Author: Monika Marczyk, Project Manager

13/10/2023 09:00

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

Unlocking efficiency: Robotic Process Automation in accounting audits

Utilizing process automation in accounting audits 🤖💼 Today’s world poses increasing challenges for accountants as audits become more complex and demanding. Accountants actively dedicate a lot of time to tasks based on repetitive procedures and rules. In such a situation, Robotic Process Automation (RPA) technology emerges as a crucial tool in streamlining audit processes and enhancing their efficiency. Authors of the scientific article “Prototyping and implementing Robotic Process Automation in accounting firms: Benefits, challenges and opportunities to audit automation” present various audit scenarios involving four accounting firms. They analyze the potential that RPA brings in terms of improving the efficiency and accuracy of tasks performed. Additionally, they outline automation strategies and the challenges that arise when implementing RPA in accounting audits. Diverse Applications of RPA in Accounting Audits 📊📑 1. Document verification automation 📂 One example of RPA application is the automation of the document verification process. RPA is capable of automatically retrieving documents from various sources such as email, file servers, or document management systems. It then processes these documents, recognizes and categorizes different types, and performs preliminary content analysis. This allows auditors to focus on more complex tasks, such as financial analysis, instead of spending time on manual document processing. 📈 2. Account balance verification automation 💰💳 Another example is the automation of the account balance verification process. RPA can automatically fetch data from various sources, including accounting systems, spreadsheets, or databases. It processes this data, identifies and corrects errors, and conducts preliminary account balance analysis. 🤖 3. Real-time data monitoring 🚨 Yet another example is continuous monitoring of accounting data and notifying users when specific risk thresholds are exceeded. If a risk threshold is crossed, RPA can automatically send notifications to users, such as auditors or managers, prompting them to take appropriate actions. 📊 Benefits of implementing RPA in accounting audits 📈🔐 Implementing RPA in accounting audits brings numerous benefits, including increased efficiency, improved accuracy, reduced costs and time, and enhanced customer satisfaction. Furthermore, through the automation of audit processes, data security is maintained in accordance with applicable safeguards. 🤖🔒 In summary, RPA technology has become an indispensable tool in today’s accounting audits. Thanks to it, auditors can focus on more valuable tasks, and processes are more efficient and accurate. 📚👨‍💼 Contact us to discover how XELTO DIGITAL can assist you in financial automation. Author: Monika Marczyk, Project Manager

13/09/2023 09:30

Blog

Maximizing productivity with AI: enhanced team collaboration

Effective use of RPA’s leading technologies

Unlocking the power of OCR technology for digital transformation

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

Unlocking efficiency: Robotic Process Automation in accounting audits