AI Solutions
- A framework for trustworthy AI in the insurance environmentIn the insurance industry, the push for trustworthy AI is becoming increasingly significant, driven by regulatory bodies and consumer expectations for transparency and fairness in automated decisions. To align with EU guidelines and specific insurance industry regulations from EIOPA and BaFin, insurance companies are advised to adopt frameworks that ensure… Read more: A framework for trustworthy AI in the insurance environment
- Automation Boosts Efficiency in Employee OnboardingJIFFY.ai significantly enhanced the onboarding process for a global professional services firm by automating 80% of the activities, which streamlined the procedure for both HR teams and new hires. This automation reduced the onboarding time from three hours to just 17 minutes and allowed the HR team to shift their… Read more: Automation Boosts Efficiency in Employee Onboarding
- Recurring savings through global standardisation of credit workflowTechData, a wholesale company with a revenue of $35 billion, implemented a global solution to standardize credit management workflows, leading to significant savings and efficiency gains. By integrating a system that automates credit scoring, monitoring, and currency conversion for financial reporting, the company achieved a 120% improvement in credit department… Read more: Recurring savings through global standardisation of credit workflow
- Utilising synergies: one solution for all savings banks. Automation of the loan application processGuideCom AG collaborated with Buildsimple to transform the time-consuming manual credit application process at Sparkassen, reducing processing time per transaction from over 10 minutes. By utilizing AI to automate document handling such as ID verification, payroll, and tax documents, the solution integrates seamlessly into GuideCom’s service cockpit via standardized APIs.… Read more: Utilising synergies: one solution for all savings banks. Automation of the loan application process
- Data Processing – Simplify Orchestration Of Conditional Dw Data Loads to Automate the input of data from scrap weight documents into Excel and subsequent transfer into OracleTTX Company, a North American leader in railcar pooling, faced challenges with increasing document volumes due to its growing operations. To enhance efficiency, TTX partnered with Kognitos in 2023 to automate financial processes like scrap weight ticketing and accounts payable in Oracle, significantly reducing manual labor. The automation improved process… Read more: Data Processing – Simplify Orchestration Of Conditional Dw Data Loads to Automate the input of data from scrap weight documents into Excel and subsequent transfer into Oracle
- Vehicle claims management: Automatic reading of workshop invoicesRiparo GmbH faced challenges managing a high volume of diverse workshop invoices that had to be manually entered into their system. To streamline this process, they partnered with Buildsimple to develop an AI solution that automatically reads invoices from over 100 different formats and structures the data into JSON files… Read more: Vehicle claims management: Automatic reading of workshop invoices
- Time series analysis for shipping outdoor equipment through data warehousingOur client, a major manufacturer and distributor of outdoor equipment, required a centralized platform for all its data to enhance advanced analytics of customer and business data. Niologic implemented a data warehouse based on Google BigQuery and developed a time series analysis for shipping, along with a machine learning algorithm… Read more: Time series analysis for shipping outdoor equipment through data warehousing
- Automating Information Extraction with Named Entity Recognition and LLMsOur project focused on automating the information extraction process from various data sources such as textual documents and database tables, utilizing Named Entity Recognition (NER) and advanced Language Models (LLMs). The main goal was to create an automated solution that could efficiently extract relevant information using NER and enrich metadata… Read more: Automating Information Extraction with Named Entity Recognition and LLMs
- Pharma GPT: Advanced Retrieval Augmented Generation with medical dataThe “PharmaGPT” project aims to make medical information more accessible and understandable, particularly for groups such as the elderly and non-native speakers who struggle with the complex language of medicine package leaflets. To address this, a sophisticated AI-based Retrieval Augmented Generation (RAG) system was developed, capable of navigating and analyzing… Read more: Pharma GPT: Advanced Retrieval Augmented Generation with medical data