LONDON and AUSTIN, Texas and WASHINGTON, July eight, 2021 /PRNewswire/ — Blue Prism® and Lateetud right this moment introduced that their joint resolution has been named a finalist for the Synthetic Intelligence 2021 Microsoft Companion of the 12 months Award. The answer was honored amongst a world discipline of prime Microsoft companions for demonstrating excellence in innovation and implementation of buyer options primarily based on Microsoft expertise.
The Microsoft Companion of the 12 months Awards acknowledge Microsoft companions which have developed and delivered excellent Microsoft-based options throughout the previous yr. Awards have been labeled in numerous classes, with honorees chosen from a set of greater than four,400 submitted nominations from over 100 nations worldwide. Blue Prism and Lateetud have been acknowledged for offering excellent options and providers within the space of synthetic intelligence.
“Blue Prism is worked up to be acknowledged as a finalist for 2021 Microsoft Companion of the 12 months within the space of synthetic intelligence, alongside our mutual companion, Lateetud. This clever automation resolution made an actual distinction to individuals throughout the COVID-19 disaster, guaranteeing that small companies, searching for to make use of the Paycheck Safety Program (PPP), have been in a position to entry loans rapidly by decreasing the mortgage approval course of from weeks to hours. It is a clear instance of the ability of automation and its capability to make a distinction to individuals, particularly in occasions of want,” stated Linda Dotts, chief companion technique officer at Blue Prism.
Blue Prism and Lateetud created a turnkey, cloud-delivered resolution on Azure to automate SBA PPP loans, combining Blue Prism’s clever automation platform with the Microsoft Energy Platform and Azure Cognitive Providers. The answer makes use of Azure Kind Recognizer to remodel unstructured information from a mortgage software into structured information for automated processing, Microsoft Energy Platform capabilities for information extraction, workflow, chatbot and reporting and Blue Prism to automate and carry out all Know Your Buyer (KYC) and underwriting features. It additionally features a mortgage origination part.
- Debtors submit PPP purposes by Lateetud’s borrower portal.
- Azure Kind Recognizer then works to know and extract information, whereas Energy BI manages paperwork.
- When prepared, Energy Automate kicks off the digital workforce for processing by way of a Blue Prism-developed connector that integrates with each aspect of the Energy Platform.
- Customers can even interact with the financial institution all through the method by way of Energy Digital Brokers.
I’m proud to acknowledge this recognition, on behalf of the complete Lateetud workforce alongside our companion Blue Prism and we thank Microsoft for all of the help offered by the yr,” says Murali Menon, CTO, Lateetud. “By means of this mix of applied sciences, like Azure Kind Recognizer and Microsoft Energy Platform, together with Blue Prism clever automation, we’ve constructed an answer that banks can deploy to save lots of jobs and small companies. Processing loans sooner, so people and companies can obtain their funds sooner.”
“I’m honored to announce the winners and finalists of the 2021 Microsoft Companion of the 12 months Awards,” stated Rodney Clark, company vp, International Companion Options, Channel Gross sales and Channel Chief, Microsoft. “These exceptional companions have displayed a deep dedication to constructing world-class options for patrons – from cloud-to-edge – and signify a few of the finest and brightest our ecosystem has to supply.”
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About Blue Prism
Blue Prism is a world chief in enterprise robotic course of automation (RPA) and clever automation, reworking the best way work is completed. We’ve got over 2,000 clients in over 170 nations and 70 business verticals, 30% in the Forbes International 2,000, creating worth with new methods of working by unlocking efficiencies and returning hundreds of thousands of hours of labor again into their companies. Our enterprise digital robots supply high-scale automation that’s safe, sensible, accessible to all, enabling centrally managed human and digital workforces of the longer term and liberating up people to re-imagine work. To study extra go to www.blueprism.com and comply with us on Twitter @blue_prism and on LinkedIn.
Lateetud is a world award-winning clever course of automation firm. We offer software program and implementation for Robotic Course of Automation (RPA), Enterprise Course of Administration (BPM), and Superior Information Consumption – usually fueled with cognitive capabilities akin to pure language processing and machine studying. On-site implementation providers embody structure setup, coaching, deployment and governance finest practices, and shoulder-to-shoulder automation modeling. We additionally supply off-site automation modeling to reinforce the Middle of Excellence for giant purchasers, and Automation-As-A-Service. To study extra go to www.lateetud.com and comply with us on Twitter @lateetud and on LinkedIn.