3 - Embrace AI-powered intelligent automation
Until recently, business automation largely meant automating routine, repetitive tasks, using technologies such as robotic process automation (RPA), to save time and reduce errors. Then business process automation (BPA) moved automation forward by orchestrating and automating entire workflows.
Now, with AI able to analyze and interpret unstructured data, the business applications of process automation can be expanded even further. AI-powered automation can be used to automate complex, interconnected processes and meet broader goals such as reducing operational costs, increasing productivity, and driving real business value.
But jumping into this type of AI-driven automation effort without first optimizing underlying business processes comes with a variety of risks. You could magnify inefficiencies by automating sub-optimal processes, or negatively impact other areas of the business where processes intersect.
For truly intelligent automation, AI technologies like machine learning and computer vision need to be combined with Process Intelligence. AI and machine learning can use the Process Intelligence gained from the process model, or digital twin, to identify automation opportunities, understand what’s happened in the past, predict what will happen in the future, and make decisions based on that information.
AI can then trigger automations to activate those decisions. Celonis customers benefit from easy-to-build Action Flows that are used to create intelligent alerts and process execution automations based on insight from the Process Intelligence Graph.
Case study: PepsiCo uses intelligent automation in AR and AP
PepsiCo, one of the world’s largest food and beverage companies, uses Process Intelligence and intelligent automation across a variety of functions – including Accounts Receivable (AR) and Accounts Payable (AP) – to drive better outcomes with less effort.
In AR, PepsiCo uses Action Flows to automate the creation and sending of dunning notes to collect on overdue receivables, which saves the team valuable time. In AP, the company uses Celonis’ fuzzy matching capabilities to automatically identify invoices that are split to circumvent internal approval limits. This helps with compliance but also saves at least 1,000 hours per year in manual work.