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Revolutionizing finance with automation and artificial intelligence

Revolutionizing Finance with Automation and Artificial Intelligence ๐Ÿค–๐Ÿ’ฐ Automation and artificial intelligence (AI) have transformed the world of B2B business, bringing revolutionary changes to financial operations and payment processes. ๐Ÿ”„๐Ÿ’ณ Digitization and payment automation enhance the transparency of working capital and financial processes, helping companies meet market challenges. ๐Ÿ“Š๐Ÿ” 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. ๐Ÿ“ˆ๐Ÿ’ผ Artificial intelligence not only improves forecasting but also opens up new opportunities for financial directors in running their businesses. ๐ŸŒ๐Ÿ”ฎ 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! ๐Ÿš€๐Ÿ’น Gen AI is the key to automating tasks, processing payments, chatbots, recommendation systems, and much more. ๐Ÿค–๐Ÿ—ฃ๏ธ In conclusion, it is important for companies to thoroughly assess the impact and value of these advanced technologies to ensure maximum benefits and efficiency. ๐Ÿ“๐ŸŽฏ Invest in the future with automation and AI. Contact us and find out how XELTO DIGITAL can assist you! ๐Ÿš€๐Ÿค๐Ÿ“ˆ Author: Joanna Sioล‚a, Digital Sales Specialist

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Unlocking success: Navigating digital transformation

Digital Transformation: choice or ultimatum? ๐Ÿ‘ฉโ€๐Ÿ’ป๐ŸŒ The ever-changing world of business shows that digital transformation is no longer just an option – it becomes a necessity. Technological advancement and digitization are reshaping our world at an incredible pace, and the key to understanding and adapting to these changes is precisely digital transformation. ๐ŸŒ Here’s what you need to know about digital transformation: 1๏ธโƒฃ Uniqueness vs. Foundations: Every digital transformation is different, but the foundations are always common. It’s a bit like building a house – individual projects, but solid foundations are the key! ๐Ÿ ๐Ÿ”‘ 2๏ธโƒฃ Evolution, Not Revolution: Despite the magnitude of changes, the entire process must be planned and consistently implemented. It’s a path towards universal optimization. ๐ŸŒฑโžก๏ธ๐ŸŒณ 3๏ธโƒฃ Holistic Approach: Transformation touches every corner of the organization, connecting various areas, people, and technology. ๐Ÿ”— 4๏ธโƒฃ Power in Data: Without them, transformation becomes impossible. They assist in achieving operational excellence, optimization, and innovation. ๐Ÿ”‘๐Ÿ“Š 5๏ธโƒฃ Accelerating Action: Implementing technology and automation is not only about relieving employees but also about innovation leading to optimization. ๐Ÿš€โฉ 6๏ธโƒฃ Security Above All: In the digital era, information protection becomes a priority. Cybersecurity is a key area in every aspect of business activity. ๐Ÿ”’๐Ÿ’ก Digital transformation comes with many challenges, but we look at it with great optimism. Why? Because we see more opportunities than threats in it. To learn more, we recommend the Digital Sharpers report “13 Facts About Digital Transformation… Everything You Wanted to Know About Digitization But Were Afraid to Ask.” It’s a knowledge compendium that will help you navigate the world of digital transformation! ๐Ÿ“˜๐Ÿง Get in touch and embark on the journey into the future of digitization! ๐Ÿค๐Ÿ’ผ Author: Monika Serafin, Service Delivery Manager

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The impact of Artificial Intelligence on business: trends and insights

All eyes on AI – the surge of interest in artificial intelligence, and the scope of its utilization ๐Ÿคฏ The latest survey reveals that organizations are steadily adopting artificial intelligence tools, despite their rapid proliferation. We have some interesting findings here! ๐Ÿ“ˆ 55% of respondents report that their organizations have embraced artificial intelligence, but only less than one-third of them have implemented AI in at least two business areas, suggesting that the scope of utilization still remains limited. This percentage has largely remained unchanged since 2021. ๐Ÿข Organizations primarily use artificial intelligence in product development and service operations. These are consistently important areas for AI. ๐Ÿ“ฒ๐Ÿญ However, only 23% of respondents claim that at least 5% of their organization’s profits from the past year can be attributed to artificial intelligence. This means that there is still plenty of room to harness the potential value of AI. ๐Ÿ’ฐ๐Ÿ’ก Good news: organizations that use AI continue to see growth in the areas where they employ it and plan to increase their investments in the coming years! ๐Ÿ’ผ ๐Ÿ“Š We emphasize the significance of generative artificial intelligence due to its revolutionary potential. However, we also remind that AI holds immense value in non-generative applications. Optimization, forecasting, recommendations – these are areas where AI can truly shine! ๐Ÿ’ก๐ŸŒŸ In summary, although the overall adoption of AI remains stable, over two-thirds of companies plan to increase their investments in artificial intelligence. ๐Ÿš€ We eagerly await to see if the growing interest in AI will open doors to broader general utilization in the future! ๐ŸŒ Contact us and discover how implementing AI can revolutionize your company ๐Ÿ’ฌ Author: Joanna Sioล‚a, Customer Experience Specialist

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osoba piszฤ…ca na laptopie, rozmowa z chatGPT

RPA implementation challenges: our experiences with ChatGPT

Our experiences with ChatGPT in exploring RPA implementation challenges ๐Ÿฅผ ๐Ÿ”Ž 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. ๐Ÿ“ƒ As a result, the experiences can be intriguing but also somewhat disappointing ๐Ÿ˜ฅ. 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: โžก๏ธ 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. ๐Ÿ›Ÿ ๐Ÿ” โžก๏ธ 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. โš”๏ธ 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. ๐Ÿ’ฌ 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. ๐Ÿ’ก Write to us and see for yourself how to overcome challenges and effectively introduce RPA into your company ๐Ÿ’ฌ Author: Monika Serafin, Service Delivery Manager

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Robotic Process Automation

Why are companies specializing in RPA best suited for automation?

๐‘๐๐€ ๐œ๐จ๐ฆ๐ฉ๐š๐ง๐ข๐ž๐ฌ ๐š๐ซ๐ž ๐ญ๐ก๐ž ๐›๐ž๐ฌ๐ญ ๐ฉ๐š๐ซ๐ญ๐ง๐ž๐ซ ๐Ÿ๐จ๐ซ ๐š๐ฎ๐ญ๐จ๐ฆ๐š๐ญ๐ข๐จ๐ง ๐Ÿ‘ ๐Ÿฅ‡ The urgency to automate has never been greater. The key, however, is choosing the ๐ซ๐ข๐ ๐ก๐ญ ๐ฉ๐š๐ซ๐ญ๐ง๐ž๐ซ ๐ญ๐จ ๐ฅ๐ž๐š๐ ๐ญ๐ก๐ข๐ฌ ๐ญ๐ซ๐š๐ง๐ฌ๐Ÿ๐จ๐ซ๐ฆ๐š๐ญ๐ข๐จ๐ง๐š๐ฅ ๐ฃ๐จ๐ฎ๐ซ๐ง๐ž๐ฒ. 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 ๐ฎ๐ง๐ข๐ช๐ฎ๐ž ๐ฌ๐ž๐ญ ๐จ๐Ÿ ๐›๐ž๐ง๐ž๐Ÿ๐ข๐ญ๐ฌ. ๐Ÿ’ป 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. ๐Ÿ“ˆ Here are some of the many advantages of RPA service companies: 1๏ธโƒฃ ๐„๐ฑ๐ฉ๐ž๐ซ๐ญ๐ข๐ฌ๐ž – it’s what allows them to address industry-specific challenges and deliver customized solutions that meet the unique needs of each sector. ๐Ÿ› ๏ธ 2๏ธโƒฃ ๐‚๐จ๐ฆ๐ฉ๐ซ๐ž๐ก๐ž๐ง๐ฌ๐ข๐ฏ๐ž ๐ฌ๐ฎ๐ฉ๐ฉ๐จ๐ซ๐ญ – 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. ๐Ÿ‘ฉโ€๐Ÿ’ป 3๏ธโƒฃ ๐๐ซ๐จ๐ฏ๐ž๐ง ๐ฆ๐ž๐ญ๐ก๐จ๐๐จ๐ฅ๐จ๐ ๐ข๐ž๐ฌ ๐š๐ง๐ ๐Ÿ๐ซ๐š๐ฆ๐ž๐ฐ๐จ๐ซ๐ค๐ฌ – 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. ๐Ÿ“Š 4๏ธโƒฃ ๐…๐š๐ฌ๐ญ๐ž๐ซ ๐๐ž๐ฅ๐ข๐ฏ๐ž๐ซ๐ฒ ๐ญ๐ข๐ฆ๐ž – By focusing on value delivery from the outset, RPA service providers help organizations reap the benefits of automation faster. ๐Ÿ“ˆ 5๏ธโƒฃ ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ ๐ญ๐จ ๐ž๐ฑ๐ฉ๐š๐ง๐ ๐š๐ง๐ ๐ฌ๐œ๐š๐ฅ๐ž – automation is not a one-time project, but an opportunity that should grow and evolve over time. ๐Ÿ”„ 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! ๐Ÿ’ฌ Author: Joanna Sioล‚a, Customer Experience Specialist

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RPA’s role in regulatory compliance

What is the role of robotic process automation (RPA) in improving regulatory compliance? โš–๏ธ ๐Ÿงพ 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: 1๏ธโƒฃ 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. ๐Ÿค– 2๏ธโƒฃ 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. โฑ๏ธ 3๏ธโƒฃ 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. ๐Ÿ’ก 4๏ธโƒฃ 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. ๐Ÿ“ƒ 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! ๐Ÿ’ฌ ๐Ÿค Author: Monika Marczyk, Project Manager

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RPA and AI combine for intelligent automation

Intelligent process automation – RPA and AI join forces ๐Ÿค– ๐Ÿง  Business Process Automation (RPA) and Artificial Intelligence (AI) are two of the most innovative technologies of recent years. Both have the potential to significantly improve business processes and increase organizational productivity. The combination of RPA and AI enables the creation of intelligent automation that can surpass the capabilities of either technology separately. With intelligent automation, systems can learn on their own and adapt to changing conditions, make decisions based on data analysis, and perform tasks that are too difficult or complex for humans. As a result, the quality and precision of the tasks performed improves. ๐Ÿ“ˆ The introduction of intelligent automation is a common step after traditional RPA, which excels at handling repetitive tasks without supervision. The next step is to expand automation capabilities by adding artificial intelligence to RPA, which is proving to be a key element for business. By using AI tools such as intelligent document processing or NLP, it is possible to automatically categorize emails or understand their content to handle unstructured text. ๐Ÿ“„ ๐Ÿ“ฉ Examples of applications of intelligent automation: ๐Ÿ’ฐ Finance: accounting, payment reconciliation and financial reporting. ๐Ÿ“Š Administration: scanning documents, creating reports and sending correspondence โš™๏ธ Production: quality control, production monitoring and production planning ๐Ÿš› Logistics: transportation planning, shipment tracking and warehouse management ๐Ÿ’ฌ Customer service: answering customer inquiries, resolving problems and filing complaints We are experts in designing and implementing automation solutions that help our customers improve efficiency, reduce costs, and enhance customer service. ๐Ÿ“Š We are confident that we can help you achieve your business goals with intelligent automation! ๐Ÿ˜ƒ Get in touch with us! Author: Joanna Sioล‚a, Customer Experience Specialist

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Impact of RPA automation on truck route optimization efficiency

How does automation improve truck route optimization? ๐Ÿšš๐Ÿค– 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! ๐Ÿš› 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. ๐Ÿ’ฏ 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. ๐Ÿš 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. ๐Ÿ’ก 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. ๐Ÿš€ Contact us to learn more about our capabilities in logistics and transportation! Author: Monika Serafin, Service Delivery Manager

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Holiday relief for employees

Holiday relief for employees? RPA efficiency without the overload! ๐Ÿ–๏ธ Robotic Process Automation is the perfect solution for companies during the holiday season, when some employees are on vacation and the rest do not want to be overloaded with work. ๐Ÿค–๐Ÿ’ผ RPA robots can perform monotonous and time-consuming tasks, such as processing documents or generating reports, avoiding the burden on other employees. ๐Ÿ“‘๐Ÿ“Š Using RPA during the holiday season allows companies to keep operations running smoothly, regardless of the number of employees present in the office. ๐Ÿ’ช๐Ÿข It helps achieve this goal while keeping business running. ๐ŸŒด๐Ÿค–๐Ÿ‘จโ€๐Ÿ’ผ๐Ÿ‘ฉโ€๐Ÿ’ผ Using RPA is an investment in your company’s future, allowing you to maintain operational efficiency even during periods of greater employee absence. ๐Ÿ’ผ๐Ÿ’ช Discover more and contact us! Author: Joanna Sioล‚a, Customer Experience Specialist

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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 ๐Ÿ’ฐ. 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 ๐Ÿค–. 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 ๐Ÿ‘จโ€๐Ÿ’ผ 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 ๐Ÿ”ข. 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 ๐Ÿง . 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

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