How to boost organizational effectiveness with intelligent process automation and IDP
Inefficient processes cost organizations as much as 20-30% of their annual revenue, according to IDC research. The average employee spends between 4 to 10 hours a week on repetitive computer tasks (up to 350 hours per year). Often these computer tasks aren’t directly related to their primary job function.
For your company, this could mean thousands or even millions of dollars are wasted on ineffective systems and processes. Intelligent process automation means leveraging the power of AI with next-gen automation technology, such as intelligent document processing (IDP). IDP can help business leaders optimize organizational effectiveness by reducing the time and money that’s wasted on broken processes.