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...
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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…
At VIP Apps Consulting, we are excited to announce the continuation of our sponsorship of the World Leasing Yearbook for its 2024 edition. As a leading service provider of management consulting, business process automation, and technology consulting services for the leasing and financial services industry we understand the value of reliable, comprehensive information in driving successful business decisions. The…
Teams within organisations today are grappling with an overwhelming number of tools and systems, making it increasingly difficult to connect people, technology, and processes across the entire organisation. Recent reports, including Salesforce and MuleSoft’s 2023 Connectivity Benchmark Report, shed light on IT operations teams’ ongoing challenges in managing application delivery and interoperability. The findings indicate…
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,…
The leasing and asset finance industry is undergoing a significant shift as lessors adapt their business models to stay ahead of market trends. To meet the demands of today’s customers, asset finance providers need to offer faster and more streamlined delivery for the Digital Lending journey while providing a seamless customer experience (CX). The industry…
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