Additionally, the efficiency of a company’s claims function can often act as a measure of its client satisfaction while also playing a crucial role in regulating the balance sheets for summarizing payouts and premiums against expected profit or revenue.
Organizations are taking the initiative to collect data on utility consumption in order to provide sustainability reports to help improve their impact on society. The majority of the large cities in the US have different benchmarking ordinances that require large commercial, industrial, and multi-family properties to report their benchmarking compliance statistics. One of the challenges that these organizations find is that there is a large manual effort required when collecting and organizing the data to analyze for utility bill data management. As a result, organizations are searching for more cost-effective solutions for utility consumption and sustainability reporting. Read More
The need for data has been rising in demand for utility and sustainability providers. Utility data provides important historical and trend data that allows businesses to analyze and forecast usage as well as flag any discrepancies that may arise in a bill. As a result, there is increasing pressure for these companies to build a growing database of utility data that provides greater visibility. The challenge many of these companies are facing comes from the manual nature of collecting bills and entering them into a system. Utility bill management often requires collecting and normalizing data. In order to overcome the challenges of utility data collection, utility solution providers are searching for a more automated solution. Read More
What is the number one goal of a business? The most common answer you will hear is that businesses want to make a lot of money. While it is not entirely false, making money is only the byproduct of the main goal of achieving success in a business. Read More
With the correct blend of skilled technical people, Machine Learning, and AI technologies, leading businesses are rapidly transforming their back-office operations. Enter robotic process automation services where software is being used along with artificial intelligence (AI) tools and machine learning capabilities to handle high-volume repeatable tasks that previously may have been purely manual effort driven. Read More
The technological age demands businesses to constantly increase efficiency when it comes to accuracy, quality, and productivity. Paper forms and applications are still being used in many industries such as the financial, medical, and legal industry. Two of the most common challenges of application form processing is efficiency and accuracy. Read More
