News From Rossum: Upcoming Webinar

Catch our Company Newsletter below where we have highlighted our upcoming Webinar along with new integrations with Box and Dativery. Join us at UiPath Forward events in Miami and London. Stay tuned for a line items update!

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Dear Rossum friends,

While summer may be coming to a close, and we hope you enjoyed your holidays, there are exciting things to expect in the next season.  We scheduled our first Webinar on the 26th September – we would love to see you there! We’ll introduce Rossum’s technology and walk you through some successful use cases. Meanwhile, we are steadily building up our integration options – with Box and pre-launch Dativery beta in the last month, but so much more to come.

Catch up on the latest news from Rossum, and find out what to expect in the new season.

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Traditional OCR vs. AI: The Champion of Invoices

When you first read this headline, you may be asking yourself – what is “OCR” and what does it have to do with robots?

Artificial intelligence is often perceived in the media as robots gone rogue (ie. Westworld or Ex Machina), but there are countless other applications that we don’t realize are already affecting our daily lives – business or personal. These can be in the form of virtual assistants and chatbots, to Siri and Spotify.

When it comes to the technology that can influence your internal business processes, AI is changing the game.

Manual data entry is quickly becoming outdated, and in its place solutions are being implemented that reduce time and costs, while increasing accuracy and productivity.

Is it possible to determine who is the champion of invoices when it comes to data capture – traditional OCR or AI? Continue reading

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Discovering AI Solutions at BoxWorks

We recently had the pleasure of speaking about Rossum’s cognitive invoice data capture solution at BoxWorks 2018. We were in the company of many other brilliant minds who have developed new technology to improve business processes. In this blog we will discuss the other AI companies who were invited to speak at BoxWorks in the “Discover AI for…” presentation series. From capturing data from contracts, invoices, images, HR, leases, contact center calls, IDs, these companies are breaking the barriers when it comes to the daily use of AI.

Discover AI for Invoices: Rossum
Rossum’s cognitive data capture solution, Elis, works on a wide variety of invoices just out of the box. We dare to say this service is revolutionary because it works without any manually set up extraction rules or templates thanks to our deep learning technology. Learn more by checking out our full presentation slides or trying it out on your own invoices.

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4 Ways AI is Changing Accounts Payable Automation

‘Artificial intelligence’ and ‘automation’ are popular buzzwords that may bring about somewhat negative connotations. Some fear losing jobs to robots or losing control over business processes. Others are ready to jump right in and implement into their own businesses to reap the growing number of benefits. A good example where automation and AI can be implemented, (and has already begun to be widely used) is in the financial sector. Accounts payable is the crux of a finance department which controls all received invoices. Automating these processes may seem scary at first – the idea of losing control over something so vital to a business. In reality, there are numerous benefits that, in the end, improve business processes and a company’s bottom line – while keeping you in charge.

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Perspective: Rossum at BoxWorks 2018

Box.com is one of the main cloud content management providers in the enterprise market. Rossum has been working with Box as part of their initiative to bring together leading AI providers (including IBM Watson and Microsoft Azure) to integrate ground-breaking machine learning capabilities within the upcoming BoxSkills platform. BoxSkills allows Box users to effortlessly apply cognitive functions on folders stored in Box, essentially adding an automatic content-based metadata layer to all analyzed files. I had been invited to present at BoxWorks as Rossum’s Chief AI Architect to explain Rossum’s technology and how can it bring value to Box users.

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