Place Parascript self-learning document automation at the core of your cognitive Robotic Process Automation (RPA). Enable your complex document-based processes to access key data. Find out more about how Parascript software reduces manual processing, improves efficiency and ensures your data quality.
Robotic process automation (RPA) refers to software that can be easily programmed to do basic tasks across applications just as human workers do. RPA software can be taught a workflow with multiple steps and applications, such as taking received forms, sending a receipt message, checking the form for completeness, filing the form in a folder and updating a spreadsheet with the name of the form, the date filed, and so on. RPA software is designed to reduce the burden of repetitive, simple tasks on employees.
In most circles, the ability to use this more complex data is referred to as cognitive RPA. Scenarios include the ability for RPA to receive transaction-based documents such as invoices, and automate posting of payments based upon the data within these documents. Or, to take a set of documents such as in a loan file, review the data, verify it and move the process all the way through to completion. Yet another scenario is a set of bots that can analyze contracts and boil them down to their key terms.
Parascript software is at the core of cognitive RPA and automates the most challenging document classification, data location, extraction and verification tasks, processing simple to the most complex documents coming from multiple sources so that the enterprise has access to quality data for all their RPA processes and workflows.