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
- AI-powered supplier scouting helps Siemens procurement reduce time and workloadSiemens AG partnered with Scoutbee to leverage its AI-powered supplier scouting platform, significantly enhancing their procurement processes by automating the identification and evaluation of suppliers. This collaboration enabled Siemens to efficiently pinpoint high-quality suppliers globally, reducing their workload by up to 90% and markedly speeding up decision-making times. Scoutbee’s platform… Read more: AI-powered supplier scouting helps Siemens procurement reduce time and workload
- 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
- AI-supported decision support for haematologyAt Leipzig University Hospital, haematologists faced the challenge of identifying relevant research papers for rare blood cancers and individual patient cases from the flood of new scientific publications. The clinic partnered with Merantix Momentum to develop an NLP-based solution that automatically filters and ranks clinical publications according to their relevance… Read more: AI-supported decision support for haematology