How Organizations can improve Business Processes using AI?
nterprise Cognitive Computing is the use of AI in enhancing and scaling business operations for any company and any industry. This involves incorporating AI into business process flows that accomplish certain tasks – typically these are the tasks that are well defined, repetitive and mundane in nature.
For example, a cognitive automation process can help a mortgage loan officer to determine the loan eligibility of a borrower, which is a critical step in the home buying process and shortens the turnaround times.
Typically, the borrower needs to submit pay stubs, employment letters, tax and bank statements and several other supporting documents by uploading into a loan portal or by submitting these via email.
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|Target State: California|
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Last Update : Feb 14, 2020
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|Item Owner : Docskiff|
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