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In this video we kick off our channel with a brief introduction to the 3 major applications of AI to business process: Generative AI, custom models, and pretrained transformers. We show a comparison of using pretrained transformer to pull an interest rate from a mortgage statement pdf vs the capability of Industrial AI.
In this episode, we showcase the full power of Industrial AI by processing 200 mortgage statements in just 15 minutes which scales to 19200 statements per day using just a basic one account gpt setup. Additionally, we'll demonstrate how workflow automation can drive revenue by assigning leads to representatives based on customers' interest rates.
This episode dives into a specific use case for Industrial AI. It's about an insurance company who asked automaite to look at their existing process of medical document reviews related to automobile injury claims. Their existing process involved a legal services company who summarized medical documents from chiropractic, orthopedic or pain management health providers.
An insurer told automaite they were struggling to track demand letters floating somewhere in an ocean of PDFs. Missing a response deadline could turn a $30K claim into a $25M payout. Overworked staff had to manually extract and enter this data into systems like Guidewire.
Lawsuits are exploding in the insurance industry, this video shows a smarter way to fight back.
Real estate agents email their contract to Industrial AI and key data points are extracted and uploaded into their CRM.
A solution that allows an automobile insurance company to take a prospect customers declaration page in pdf format that they have uploaded and use an ai pretrained transformer to automatically create leads.