In today’s digital age, businesses are constantly bombarded with documents. From invoices and contracts to loan applications and tax forms, the sheer volume of paperwork can be overwhelming. This can lead to errors in data entry, slow processing times, and missed opportunities. Document AI is a powerful technology that can help businesses automate document processing...
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The rise of AI has ignited a revolution in document processing across all industries. Within Asset Finance, automation powered by Document AI promises significant benefits: streamlined workflows, reduced processing times, and cost savings. Whilst AI undeniably possesses impressive capabilities, a critical misconception sometimes shows up in boardrooms; the one of fully autonomous document processing. Here’s…
Automation and artificial intelligence (AI) have created a transformative era in leasing and asset finance, where efficiency reigns supreme, and data-driven decisions have become the norm. The industry is witnessing a profound shift towards integrating AI to streamline operations and mitigate risks. By harnessing the power of AI algorithms, businesses gain access to invaluable insights…
Natural Language Processing (NLP) has revolutionised how search engines work, making them more intuitive, accurate, and user-friendly. From Siri to Alexa, and more recently with ChatGPT, NLP is powering the technology that allows us to communicate with machines more naturally and intuitively. In recent years, enterprise systems have also increasingly adopted NLP to improve communication,…
Since its launch in late November 2022, OpenAI’s ChatGPT has gone viral, generating excitement over its possibilities and much debate about its limitations and concerns about the impact on the future of work. According to CEO Sam Altman, less than a week after its launch, it reached the one million users mark. It is such the…
First featured in the 44th Edition of The World Leasing Yearbook 2023 Artificial intelligence (AI) in enterprise platforms is an area of dynamic innovation. When put to work on the right issues, AI is moving beyond the hype and delivering business value by evolving products, services and solutions. Many organisations see the adoption of AI as…
We are pleased to continue our sponsorship of the World Leasing Yearbook 2023, the leading global intelligence resource for leasing and asset finance professionals. The new edition features 46 individual country reviews written by the top industry players in the markets and covers all leasing sectors with core data for each country with analysis and projections….
The Finance and Leasing Association (FLA) recently held the Asset Finance Technology Seminar, where they explore the impact technology is having in the sector and the opportunities it offers. Our Managing Director, Daypesh Patel was invited to share our insights on core technology strategies for operational excellence via process automation and cloud-based solutions, followed by…
Last week we attended Oracle OpenWorld Europe in London. Two intense days full of insight and announcements. Under the theme ‘Breakthrough Starts Here’, the show covered the technology innovations that are shaping the way we work and that impact on business performance. These are some of the highlights of the event. Oracle Cloud Data Science…
The future of work is determined by an assembly of technology innovations that aim to address new challenges such as becoming a more customer-centric organisation and deliver real business value. Among those technology innovations are enterprise cognitive computing (ECC) applications and artificial intelligence (AI) and automation tools. Today, many C-level leaders are embarking on innovation journeys where…
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