automation

SIG Speaks Weekly Briefing - February 11

Pencils on a black background.

Here's your weekly briefing of the latest thought leadership, networking events and training with SIG. 

New Speakers Announced for the Midwestern Regional SIGnature Event

The Midwestern Regional SIGnature Event will take place on March 6 at the beautiful Minneapolis Central Library downtown. The impressive line-up of speakers includes Nancy Brooks, Vice President of Procurement Commercial Office with Best Buy; Rohan Ranadive, SVP, Head Intelligent Automation at BB&T; Linda Tuck Chapman of Ontala; Shirley Hung, a Vice President with Everest Group; Clare Horn, Process Excellence Lead of Virtual Operations; and Dawn Tiura the President and CEO of SIG. Join us for a full-day of thought leadership and networking. This is a free event for buy-side participants and their team! Visit our website to see the agenda and register. 

Free Industry Research

When critical supply chain partners are financially weak, they become more likely to be the source of unpleasant surprises. Such supplier problems can damage a company’s brand reputation and sales. To avoid surprises, companies can leverage risk management strategies and predictive analytics to gain visibility into latent supply chain risks. 

SIG University Open Enrollment

SIG University continues to certify the most well-rounded procurement professionals in sourcing, supply management and third-party risk management. Take advantage of a 15 percent discount when you enroll by March 15. Classes begin on April 15.

Stacy Mendoza, Digital Marketing Specialist

Information Needs Drive Cognitive RPA

A computer-generated image of documents and files.

Industry Challenges

When it comes to Robotic Process Automation (RPA) within a digital transformation project, the clear objective is to move all processes into a controllable, fully-automated workflow. This is achievable when processes need to use structured data. However, the most expensive and business-critical processes involve human workflows using complex, document-based information. Achieving the same levels of automation realized from structured RPA-enabled processes becomes much more challenging because the needed information isn’t always easy for a system to locate—much less successfully extract—from a document. Without a precise solution for getting access to document-based data, automation is adversely affected.

Finding the Right Solution

The answer is to approach cognitive RPA projects by understanding the level of “maturity” required with respect to the level of document automation your project requires and compare that with your peer’s experience within your industry.

This includes getting a solid foundation in what are current best practices regarding automation and understanding the various options for injecting document automation into RPA projects. Not all vendors approach a solution in the same way and not all capabilities are equal.

Greg Council, Vice President of Marketing and Product Management

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