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-supported service engineeringDiebold Nixdorf, a leader in IT solutions for retail banking and commerce sectors, has implemented AI-driven service engineering to enhance the efficiency of ATM service operations. Initially, ATM malfunctions were identified using basic rules without detailed action plans for technicians. By leveraging AI to analyze historical ATM data and service… Read more: AI-supported service engineering
- 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 production planningWestaflex, a German family-owned company specializing in climate and ventilation technology, faced challenges in manual production scheduling, which affected efficiency due to its complex requirements and multiple setup processes. To address this, they implemented an AI application that optimized the sequencing of production orders using data from ERP systems and… Read more: AI-supported production planning