Deloitte and UiPath partner to deliver Intelligent Document Processing

Deloitte Intelligent Document Processing (DIDP) will leverage the UiPath RPA, along with optical character recognition (OCR), human-in-the-loop (HITL), and machine learning (ML) technologies in order to accelerate automation.

Available on-premise or in the cloud, DIDP will allow users to process multiple types of structured and semi-structured documents, from invoices to contracts.

Other capabilities include distinguishing by customer or country, classifying based on images, content and rules, and external data matching.

The product represents the latest in a number of intelligent automation and RPA collaborations between Deloitte and UiPath.

Understanding the maturing role of AI in RPA

When RPA initiatives fail to reach fruition, there’s a natural assumption that this is because the robots aren’t smart enough; however, it’s not the job of a robot to be smart: it’s AI’s. Read here

“Automation is driving digital transformation across a range of industries and organisations, however there are still a number of simple tasks that are not yet easily digitised,” said David Wright, partner at Deloitte. “Using Deloitte Intelligent Document Processing, our clients can reduce document processing time significantly, boosting productivity and allowing teams to focus on more business-critical tasks.

“As a result, complicated risk processes that currently rely on data in unstructured documents and time-consuming analysis can be improved, such as in financial spreading, financial prospecting, tax returns, bank statements, contracts and more.”

Cheryln Chin, a global-vice president at UiPath, commented: “We share a common vision with Deloitte of helping customers drive innovation by automating mission-critical work processes at scale.

“Working together on the Deloitte Intelligent Document Processing offering underscores how we have approached automation as an enterprise-wide challenge by taking RPA and OCR to the next level of sophistication and introducing machine learning powered extraction and analysis.

“We look forward to collaborating further to deliver real transformational outcomes that address the dynamic challenges facing clients.”

Early trialists of the product include DHL Supply Chain, the capacity of which has increased by 30% in order to leverage processing of invoices from 124 different vendors.

“The Deloitte Intelligent Document Processing solution captures invoices using UiPath,” said Ekkehart von Roda, finance digitalisation lead at DHL Supply Chain. “It then extracts, classifies and validates invoice data using machine learning for ongoing training of invoices.

“If there is data that cannot be matched, this goes for verification by a member of the team, but the points that need to be checked are clearly highlighted, so it takes minimal effort.

“The invoice is then processed in the ERP system using UiPath. Through using the DIDP, the number of errors when processing invoices has been reduced, and we’ve also seen a significant increase in productivity.”

[emailsignup]

Avatar photo

Aaron Hurst

Aaron Hurst is Information Age's senior reporter, providing news and features around the hottest trends across the tech industry.