Intelligent Process Automation
Whatever industry you are in, the greatest expense for your organization is likely to be your employees. Labor costs, including wages, benefits, paid leave, taxes, equipment, and physical accommodations may account for over 80% of your total business costs. Employees also tend to account for the primary source of costs associated with error, variance, customer dissatisfaction, and risks due to accidents and litigation.
While your employees are likely to also be your greatest source of strength and represent your most lucrative means of realizing opportunities, studies have consistently shown that most white-collar employees spend less than 20% of their time engaged in value-adding activities
It is small wonder why most employees are highly dissatisfied when most of their time is spent performing work that is rote, repetitive, redundant – and downright dehumanizing. Even in the most enlightened organizations most employees spend most of their day being tacitly treated like meat-machines and doing work that could be done more efficiently, more effectively, and less expensively, by robots.
But it does not have to be that way.
According to consulting firm McKinsey, properly implemented IPA solutions can yield double-digit and even triple-digit same-year returns.
What if there was a way to reduce your labor costs, while simultaneously relieving your employees of the work they enjoy least? What if you could increase the percentage of time employees spend on value-adding and revenue-generating activities, while at the same time ridding them of the work they perform least efficiently and effectively?
What if you could augment your best employees – your A-Team – with digital doppelgangers who could liberate the best people on your payroll and give them the chance to do more of the work they really enjoy and your customers value?
WorkerB gives you the opportunity to supplement your A-Team with a B-Team of digital worker bees that can perform the dozens of tasks you are presently overpaying people to do; tasks that could be done better by digital employees that work without rest, complaint – or ever needing to be paid.
Our proprietary approach to developing solutions at the intersection of Technology and Psychology are aligned with your strategy and designed to be mindful of the culture of your company and the capabilities of your employees.
We work with your team to redefine your work processes in a way that ensures your people are augmented through complementary technologies that liberate them to do more of the value-adding work they are uniquely suited to – leaving the dull, dreary, and dreaded tasks to the machines.
SymbioTech Solutions ™ developed by ProtectedBy.AI are able to replace virtually any task your employees can perform that requires them to interact with a keyboard or computer.
"You insist that there is something that a machine can't do. If you will tell me precisely what it is that a machine cannot do, then I can always make a machine which will do just that."
– John von Neumann (1948)
SymbioTech Solutions ™ developed by ProtectedBy.AI incorporate capabilities from
- Robotic Process Automation (RPA)
- Intelligence Process Automation (IPA)
- Human-in-the-Loop (HITL) Reinforcement Machine Learning
- Natural Language Processing
- Deep Learning
- Cognitive Computing
The Advantage of Augmenting Employees
With 240,000 employees and annual salaries totaling $35 billion, JP Morgan Chase & Co. is the biggest bank in the United States and one of the largest employers in the financial services sector. In 2017, the bank began to automate some of the more mundane tasks being done by its legions of lawyers and loan officers through a system they dubbed COIN (Contract Intelligence). When the system went live, within just a few seconds it was able to replace work that would have taken those same lawyers and loan officers 360,000 hours. And it did so with far fewer errors.
Stop treating your people like robots. Take advantage of the uniquely human attributes your employees have – and your customers value most.
Contact us today to start the journey of developing cost-effective, cutting-edge capabilities that occasion a significant ROI – and liberate your employees so they can do more of what they do best.