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The Silicon Review Asia

Mavenick Consulting: Intelligent Automation Solutions for the Modern World

The Silicon Review
November, 2019

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Mankind has gone through multiple waves of automation in the modern era; Starting from industrial revolution up to the present age of the internet and mobile. Mavenick Consulting strongly believes that the next wave of automation is here and Intelligent Automation is going to play a big role. In this wave, many will need to adopt new skills. Millions of jobs will be affected or significantly modified. The company believes that the number of jobs will not go down, in fact, more opportunities will be created. However, the skills required in the future will change significantly.

At Mavenick, it is believed that both enterprises and individuals solicit help and the company strives to create the world free of drudgery!

Robotic Process Automation

Robotic Process Automation is well suited for processes that are clearly defined, repeatable and rules-based. Based on these criteria, it can help organisations across numerous industries automate the completion of a wide variety of tasks.

Robotic Process Automation is a solution for most of these challenges. Using RPA will help you automate the repetitive and mechanical software systems. This “RPA Bot” is equivalent of a virtual employee who can perform everything that a human would have done.Automation using traditional software development and integration approach is intrusive (needs system changes), time-consuming and needs a lot of investments. Whereas with RPA, one can automate any business process without having to make any changes to the underlying software. You can leverage UI automation, API, files, databases, command line, OCR etc for automating the process. RPA is the fastest and the most cost-effective way to automate your business processes.

From Robotic Process Automation (RPA) to Intelligent Automation (IA)

Robotic process automation has evolved significantly over recent years. When applied with systematic planning, RPA substantially improves performance and reduces the cost of operations. Most enterprise processes are manual, deterministic, and repetitive, and more than 70% can be automated using software robots. Processes that have greater complexity and require human judgment can also be automated by 15–20% through strong collaboration between software robots and human workers. As per one of the studies by HfS:

  • 98% of enterprises have an automation agenda at various adoption stages
  • 4 out of 5 C-suites are placing AUTOMATION as their #1 strategic priority for operations
  • 52% seek the better quality of operations, 49% seek more workforce agility and scalability, 48% seek superior data accuracy

KlearStack

  • Make your process automation friendly, by converting semi-structured data into structured data!
  • It uses artificial intelligence to capture the invoice details WITHOUT template driven or rules-based setup. Using deep learning and neural networks and mimicking the attention to detail of a human eye, our solution extracts information from the unlimited number of invoices in a structured way! It thus significantly increases the efficiency of your invoice processing.
  • End to end AP Invoice Processing using AI and RPA, that provides >100% productivity improvement in < 15 days, with 0 capital expenditure
  • Key Features:
  • Speeds up the processing time compared to average human user.
  • No templates required, unlike currently used OCR tools.
  • Accurate, anywhere, anytime: Artificial Intelligence empowers us to extract data from the invoice with high accuracy and precision.
  • Compatible with multiple languages: English (UK, US) and German.
  • 90%+ accuracy from Day 1, with continuous improvement.

Tandem Digital Team

With Mavenick’s expertise in RPA and AI, an “integrated back office-front office” came to birth with end to end automated recruitment solutions that reduces the manual effort by 10x, reducing the recruitment time by 8x, increasing the quality of shortlisted profiles and reducing the recruitment cost by 2x.

Meet the Founder and CEO, AshutoshSaitwal

AshutoshSaitwal is a transformation leader with over 25 years of experience in both large enterprise and start-up environments. He has globally led cross-functional teams for $10 M to $100 M business units at the organizations like Symantec, ZS Associates, BindView, Capgemini, IDeaS (a SAS company), Scala etc.
Ashutosh has deep of experience with Automation Programs in the fields of RPA, DevOps, software testing and marketing. He has been a very early adopter of RPA.He has 360 degree view of automation – extensively used automation in end user organizations as well as led an automation technology platform & services business. Ashutosh believes that a great automation is more about a mindset than about the tool-set.

“We at Mavenick specialize in the transformation of enterprise operations through Digitization & Robotic Process Automation (RPA) to provide intelligent automation services for you.”

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