# JIFFY.ai > Automation Accelerating Innovation l JIFFY.ai --- ## Pages - [sample page](http://172.26.4.72/sample-page/): (function(t,e,s,o){var n,a,c;t. SMCX=t. SMCX||,e. getElementById(o)||(n=e. getElementsByTagName(s),a=n,c=e. createElement(s),c. type="text/javascript",c. async=! 0,c. id=o,c. src="https://widget. surveymonkey. com/collect/website/js/tRaiETqnLgj758hTBazgd_2FCq31UvmncXYVkjbhPhd53bjXGrh5El66SRcp5YPvDO. js",a. parentNode. insertBefore(c,a))})(window,document,"script","smcx-sdk"); - [eClose](http://172.26.4.72/solutions/finance-and-accounting/record-to-report-automation/financial-close-automation/): Discover how JIFFY.ai automates your entire Record to Report process—from journal entries, to automated financial close and reporting. - [Record to Report](http://172.26.4.72/solutions/finance-and-accounting/record-to-report-automation/): Discover how JIFFY.ai automates your entire Record to Report process—from journal entries to financial close and reporting. - [Innovators](http://172.26.4.72/innovators/): JIFFY.ai lets innovators thrive with their AI solutions, driving industries towards unlimited growth potential. Be a Part of Leading Innovators Now! - [No Code](http://172.26.4.72/platform/no-code/): Transform your enterprise with our AI No-Code Platform. No-code App Builder enables end-to-end intelligent automation for your business processes without coding. - [Finance and Accounting](http://172.26.4.72/solutions/finance-and-accounting/): Unlock the power of finance transformation with our AI-powered no-code platform and Autonomous Finance solutions. Move beyond RPA in Finance and Accounting. - [Hyperapps](http://172.26.4.72/platform/hyperapps/): Explore our pre-built apps and seamless pre built integration apps for efficient business processes. Streamline workflows with ease. - [Overview](http://172.26.4.72/platform/overview/): Optimize business operations, reduce costs, and drive growth with AI-powered Business Transformation Software and no-code enterprise automation solutions. - [RPA and Beyond](http://172.26.4.72/platform/rpa-and-beyond/): JIFFY.ai's AI-powered robotic process automation (RPA) software helps businesses automate repetitive manual tasks and rule-based processes. - [Robust Integrations](http://172.26.4.72/platform/robust-integrations/): Leverage the efficiency of our Enterprise Application Integration ecosystem. Use our pre-built no-code automated integrations with third-party applications. - [Seamless Workflow Builder](http://172.26.4.72/platform/seamless-workflow-builder/): Streamline Processes with JIFFY.ai's Workflow Management Software. Create effortless workflows with Intuitive Automated Workflow Builder for your enterprise. - [Rapid Digitizer](http://172.26.4.72/platform/rapid-digitizer/): Accelerate Digital Onboarding & elevate customer experience with AI-driven Digitizer Software. No-code Document Digitization for streamlined client onboarding. - [Smart Data Processing](http://172.26.4.72/platform/smart-data-processing/): Go beyond OCR with JIFFY.ai's Intelligent Document Processing (IDP) software. Use the power of AI to extract data and insights from complex documents faster. - [Delightful UI/UX](http://172.26.4.72/platform/delightful-ui-ux/): JIFFY.ai enables easy and intuitive design for delightful UI/UX, empowering businesses to deliver exceptional customer experiences. - [Simplified ETL](http://172.26.4.72/platform/simplified-etl/): Simplify bulk data management with our AI-driven No-Code ETL Tools. Optimize enterprise processes easily with intuitive ETL Processing Solutions. - [Media](http://172.26.4.72/solutions/media/): Elevate your campaigns with AI-powered media planning software and advertising automation. Experience the no-code future of campaign execution and optimization. - [Generative AI](http://172.26.4.72/platform/generative-ai/): Drive innovation and efficiency in your enterprise with JIFFY.ai's Generative AI App Builder. Transform your business in a jiffy with our generative AI tools. - [Wealth Management](http://172.26.4.72/wealth-management/): Experience true digital transformation with JIFFY.ai’s automated wealth management solutions, powered by AI and no-code technology. - [Banks and Credit Unions](http://172.26.4.72/banks-and-credit-unions/): Streamline operations & reduce costs with JIFFY.ai's no-code Banking Automation Software. Discover true digital transformation in banking with our AI platform. - [Event](http://172.26.4.72/event/): Don’t delete - [Telecom](http://172.26.4.72/solutions/telecom/): Discover the benefits of automation in the telecom industry at JIFFY.ai. Our telecom automation solutions will use advanced technologies to transform your business processes. Request a demo and find out how automation in the telecom industry can improve your company at JIFFY.ai. - [Insights](http://172.26.4.72/resources/insights/): Discover business automation insights, articles, E-Books, and white papers. Our free content covers topics such as solving account payable roadblocks and scaling up robotic process automation for business success. Read our white papers, E-Books about the automation industry at JIFFY.ai. - [Products](http://172.26.4.72/products/): Our products can help you automate and innovate your business by transforming complex business processes at scale and deploying software in real time. Explore our Intelligent Automation solutions, with native AI technology solutions, at JIFFY.ai. - [Invoice Processing HyperApp](http://172.26.4.72/platform/hyperapps/invoice-processing-hyperapp/): Transform your business with invoice processing automation software from JIFFY.ai. JIFFY.ai HyperApps make automated invoice processing fast and easy, reducing the operating time by up to 80%. Automating invoice processing also reduces invoicing costs and errors and improves overall operations. Learn more about how invoice processing automation can benefit your business at JIFFY.ai now. - [Service Ticketing HyperApp](http://172.26.4.72/platform/hyperapps/service-ticketing-hyperapp/): Explore our help desk automation software at JIFFY.ai. Our service ticket intelligence platform will help you build artificial intelligence, machine learning, and automation into your service ticket workflow using the JIFFY.ai SaaS platform. Learn more about Helpdesk AI and how our services will transform your business at JIFFY.ai today. - [Home Page](http://172.26.4.72/): JIFFY.ai accelerates your digital transformation journey with itsAI-driven intelligent automation solutions, driving your business forward by introducingthe power of its no-code platform. - [Webinars](http://172.26.4.72/resources/webinars/): Experience free RPA and AI webinars. Here, we post current and past robotic process automation webinars. JIFFY.ai makes it free and easy to learn from the experts and improve your processes with webinar artificial intelligence. Sign up now and check out upcoming/past free webinars on AI with JIFFY.ai. - [News](http://172.26.4.72/resources/news/): Discover the latest in JIFFY.ai’s artificial intelligence and automation news. We’ll post our latest events, awards, partnerships and more. - [People and Culture](http://172.26.4.72/company/people-culture/): Join JIFFY.ai, a game-changing disruptor in the intelligent automation market. If your values are centered around passion and people, you’ve found the right place. View available job openings on our website. Learn more about careers in technology and automation at JIFFY.ai. - [About Us](http://172.26.4.72/company/about-us/): Learn about our business transformation company. See automation innovation through a new lens. We believe in the power of advancing computing and automation. Explore the benefits of digital and business transformation at JIFFY.ai. - [Case Studies](http://172.26.4.72/resources/case-studies/): Discover real-world examples of client success stories and casestudies at JIFFY.ai. Learn how our solutions drive business transformation. - [Blog](http://172.26.4.72/resources/blog/): JIFFY.ai is the best way to gain valuable insights on automation, digital transformation, and more. Stay updated with the latest trends and best practices. Visit our blog now! - [Automate](http://172.26.4.72/products/automate/): Get the best digital automation platform for your business with JIFFY.ai. JIFFY.ai Automate is a machine learning automation platform that will allow you to manage and control business-wide automation. Transform your organization and request a quote for our enterprise automation platform at JIFFY.ai today. - [Innovate](http://172.26.4.72/products/innovate/): Discover how our innovative AI software development can transform your processes at JIFFY.ai JIFFY.ai Innovate integrates artificial intelligence in software engineering, which dramatically shortens and simplifies your software development life cycle. Learn more about how AI software development can benefit your business at JIFFY.ai today. --- ## Posts - [What’s Holding REITs Back from Being “Always Audit-Ready”? ](http://172.26.4.72/whats-holding-reits-back-from-being-always-audit-ready/): In a recent JIFFY. ai pulse survey of REIT finance leaders, here’s how respondents rated their audit preparedness: When asked... - [Reporting at Scale: Why REITs Need Smarter Close Automation ](http://172.26.4.72/reporting-at-scale-why-reits-need-smarter-close-automation/): In the complex world of Real Estate Investment Trusts (REITs), reporting is where financial and operational complexity collide. From property-level... - [Why REITs Need End-to-End Close Automation—Now](http://172.26.4.72/why-reits-need-end-to-end-close-automation-now/): In real estate, time is money—and accuracy is everything. For Real Estate Investment Trust (REIT) finance teams, the month-end close... - [Reconciliation Challenges in REIT Close: Why It's Time for a Smarter Way ](http://172.26.4.72/reconciliation-challenges-in-reit-close-why-its-time-for-a-smarter-way/): For Real Estate Investment Trusts (REITs), the month-end financial close isn’t just a deadline—it’s a pressure cooker. And Reconciliation is... - [What to Expect from a Purpose-Built, Automated REIT Reporting Platform ](http://172.26.4.72/what-to-expect-from-a-purpose-built-automated-reit-reporting-platform/): Why “REIT-Ready” Matters When it comes to monthly or quarterly reporting, Real Estate Investment Trusts (REIT) face challenges that generic... - [REIT Finance Close Process: A Quick Cheat Sheet ](http://172.26.4.72/reit-finance-close-process-a-quick-cheat-sheet/): What REIT Finance Teams Manage During Close: Top 3 Priorities for Improving the REIT Close Process 1. Reducing Manual Journal... - [Reporting in REIT Close: The Mission-Critical Backbone of Financial Intelligence ](http://172.26.4.72/reporting-in-reit-close-the-mission-critical-backbone-of-financial-intelligence/): For Real Estate Investment Trusts (REITs), the monthly or quarterly close isn’t complete until the reports go out—and they go... - [Unlocking Speed and Control: Tackling Journal Entry Bottlenecks in the REIT Financial Close ](http://172.26.4.72/unlocking-speed-and-control-tackling-journal-entry-bottlenecks-in-the-reit-financial-close/): For many Real Estate Investment Trust (REIT) finance teams, closing the books isn’t just a deadline—it’s a recurring challenge. With... - [Delightful Investor Experiences Start with Seamless Digital Onboarding](http://172.26.4.72/delightful-investor-experiences-start-with-seamless-digital-onboarding/): Why Wealth Firms Must Rethink the First Mile of the Client Journey When a potential investor engages with your firm... - [The Times They Are a-Changin’: Automating Workflows in Financial Services](http://172.26.4.72/the-times-they-are-a-changin-automating-workflows-in-financial-services/): Intelligent automation powered by AI/ML is at the heart of a robust digital transformation strategy for banking and financial services firms. Manual legacy business processes in your front, middle and back offices may be out of sync with today’s demands, causing missed opportunities. Use our intelligent automation roadmap to discover workflow opportunities that reduce costs, improve efficiency, and help your firm conquer the future. - [Closing the gaps in onboarding and self-service for Bank and Trust customers](http://172.26.4.72/closing-the-gaps-in-onboarding-and-self-service-for-bank-and-trust-customers/): An automated, personalized approach can simplify the complicated state of customer onboarding in financial institution. Read the full blog to learn how! - [Embracing AI and Intelligent Automation in Financial Services](http://172.26.4.72/embracing-ai-and-intelligent-automation-in-financial-services/): We cannot emphasize enough the impact that artificial intelligence (AI) and automation (specifically Robotic Process Automation) has had, and will... - [What to Expect When You Are Automating: Financial Service Leaders Weigh-in on the Perfect Roadmap](http://172.26.4.72/what-to-expect-when-you-are-automating-financial-service-leaders-weigh-in-on-the-perfect-roadmap/): While digital transformation has recently become a key priority for the financial services sector, last year was a landmark period... - [Debunking Top 3 Myths Around Enterprise Automation and Avoiding These Pitfalls to Implementation Success](http://172.26.4.72/debunking-top-3-myths-around-enterprise-automation-and-avoiding-these-pitfalls-to-implementation-success/): Get the facts by debunking common myths around enterprise automation. Learn how to avoid pitfalls and ensure successful implementation on the JIFFY.ai blog. - [The Future of Enterprises is all About Freedom](http://172.26.4.72/the-future-of-enterprises-is-all-about-freedom/): JIFFY. ai enables enterprises to become autonomous with intelligent automation, and achieve tomorrow’s possibilities today Change happens. All the time.... - [What’s Next in the Journey to Build the Backbone that Powers Autonomous Enterprises?](http://172.26.4.72/whats-next-in-the-journey-to-build-the-backbone-that-powers-autonomous-enterprises/): Embark on a journey to discover what lies ahead to build the backbone of autonomous enterprises. Get valuable insights on the JIFFY.ai blog. - [Do Your Finance Systems Talk to Each Other?](http://172.26.4.72/do-your-finance-systems-talk-to-each-other/): How AI-powered Autonomous Finance Technology Helps Connect the CFO’s Office and Ensures Finance Transformation Strengthening and energizing your business model... - [Where should you start your intelligent automation journey? Here are 5 high-impact areas for financial services firms to consider.](http://172.26.4.72/where-should-you-start-your-intelligent-automation-journey-here-are-5-high-impact-areas-for-financial-services-firms-to-consider/): Intelligent automation aided by AI and cognitive technologies can help financial services institutions accelerate processing time and reduce the number of errors in complex processes while improving customer experience at every touchpoint. - [Overcoming OCR Errors and Limitations with Intelligent Document Processing](http://172.26.4.72/overcoming-ocr-errors-and-limitations-with-intelligent-document-processing/): Optical Character Recognition (OCR) technology became popular in the early 1990s during the digitization of historical newspapers. Before that, the... - [How automation enhances human innovation](http://172.26.4.72/the-evolution-of-automation-from-mundane-tasks-to-enhancing-human-innovation/): With COVID-19 causing risks to human health and disruption to our way of life in general, especially the way we... - [What Are the Benefits of Automation in the Workplace and How Can a Platform Approach Help?](http://172.26.4.72/benefits-of-automation-in-the-workplace/): Automating repetitive business processes frees up employees for tasks that are less mundane and more valuable than those that can be completed by software. New form of automation like machine learning and artificial intelligence can be used to complete higher order work. These solutions learn over time, so they can more quickly and effectively work through large amounts of data and support internal decision-making. - [Why RPA Automation Bots in O2C and R2R Financial Processes are Falling Short](http://172.26.4.72/why-rpa-automation-bots-in-o2c-and-r2r-financial-processes-are-falling-short/): CFOs have a strong focus on managing working capital, knowing well that their cash is tied up in Accounts Receivables... - [What Is Intelligent Document Processing?](http://172.26.4.72/what-is-intelligent-document-processing/): Explore the world of Intelligent Document Processing (IDP) and how it transforms document handling. Learn more about IDP on the JIFFY.ai blog. Discover the power of automation. - [The Benefits of Automated Invoice Processing](http://172.26.4.72/the-benefits-of-automated-invoice-processing/): Automated invoice processing can considerably improve the Accounts Payable (AP) team’s efficiency and save costs. Read the blog to know more about how you can utilize your resources. - [7 key checkpoints to consider before starting your process automation project](http://172.26.4.72/7-key-checkpoints-to-consider-before-starting-your-process-automation-project/): Explore the 7 key checkpoints you need to consider before embarking on your process automation project. Get expert insights on the JIFFY.ai blog. - [How to Address Straight Through Processing Challenges in Accounts Payable with Intelligent Automation](http://172.26.4.72/how-to-address-straight-through-processing-challenges-in-accounts-payable-with-intelligent-automation/): Achieve 85% straight-through invoice processing automation. Reduce manual intervention, errors, and turnaround times by using artificial intelligence and machine learning to automate your complex accounts payable processes. Deliver that cash flow predictability by automating every step of invoice processing so you can focus on growing your business – not on process gaps. - [Re-Charge Your Invoice Processing Strategy for 2021](http://172.26.4.72/re-charge-your-invoice-processing-strategy-for-2021/): As we wrap up the first half of 2021, several parts of the world are still reeling under the impact... - [The Benefits of Accounts Payable Automation Will Save You Time & Invoice Processing Costs](http://172.26.4.72/invoice-processing-automation-take-charge-of-surging-accounts-payable-costs/): AP automation benefits can improve the efficiency of your invoice processing flow and directly affect your bottom line. Explore JIFFY.ai's resources on accounts payable automation benefits for small businesses and large corporations. - [Beyond the Pandemic: Give Wings to Your Digital Transformation Goals with Intelligent Automation](http://172.26.4.72/beyond-the-pandemic-give-wings-to-your-digital-transformation-goals-with-intelligent-automation/): Discover how to meet your digital transformation goals with AI technology. Intelligent automation digital transformation has helped businesses stay afloat during the pandemic. Learn about RPA digital transformation can help your business beyond the pandemic online today at JIFFY.ai - [Sustainable automation is elusive, but it doesn’t have to be.](http://172.26.4.72/sustainable-automation-is-elusive-but-it-doesnt-have-to-be/): The benefits of sustainable automation are clear, but the successful implementation of an effective automation strategy is often unclear. JIFFY.ai has a simple 7-step process for achieving sustainable automation that could help your company save time and money. Read our online resources to learn more about how sustainable automation can help you. - [Is the HyperApp Your Answer to These Seven Invoice Processing Challenges?](http://172.26.4.72/is-the-hyperapp-your-answer-to-these-seven-invoice-processing-challenges/): Find a solution to common challenges in invoice processing with JIFFY.ai. Processing invoices can come with several challenges that can be answered with our accounts payable solution, HyperApp. Learn more about our solution for all of your accounts payable challenges online at JIFFY.ai. - [Enhancing user experience with process automation](http://172.26.4.72/the-importance-of-service-and-support-in-process-automation/): Implementing and managing an intelligent automation platform, which includes Machine Learning and Robotic Process Automation (RPA) powered by Artificial Intelligence... - [Cognitive Procurement in the Post-Pandemic World](http://172.26.4.72/procurement-in-the-post-pandemic-world/): Learn about the benefits of cognitive procurement and the role of robotic process automation in procurement. RPA can reduce procurement costs, boost ROI and cut your number of strategic suppliers. Find out what you need to know about cognitive procurement after the pandemic now at JIFFY.ai. - [How Office Automation Systems Improve Efficiency](http://172.26.4.72/how-office-automation-systems-improve-efficiency/): Office automation systems not only eliminate paperwork but also provide other significant benefits. Learn about the types of office automation systems & software and how they improve efficiency at JIFFY.ai. - [Losing More than Money: The Cost of Payment Errors](http://172.26.4.72/losing-more-than-money-the-cost-of-payment-errors/): Does your enterprise deal with an army of suppliers regularly? Is significant team effort spent on reviewing and sorting a... - [Accounting Process Automation Provides Touchless Invoice Processing](http://172.26.4.72/hands-off-invoice-processing-should-be-touchless/): Learn about how accounting process automation can completely transform your business with touchless invoice processing. Stop the manual processes with invoice data capture capabilities from JIFFY.ai. Learn more about automatic invoice processing here! - [HyperApps to Lower TCO for Accounts Payable Automation Technology](http://172.26.4.72/understanding-total-cost-of-ownership-in-invoice-processing-automation/): Discover how to lower TCO for accounts payable automation technology with HyperApps from JIFFY.ai. Whether you have automation invoice processing software or are looking to implement a new solution, it's essential to know the costs of choosing a vendor. Learn more about invoice processing costs at JIFFY.ai. - [Why JIFFY.ai is a Leader in the Zinnov Zones “Breakout Zone”](http://172.26.4.72/why-jiffy-ai-is-a-leader-in-the-zinnov-zones-breakout-zone/): JIFFY. ai—a company that officially launched less than a year ago—is already a top-scoring disruptor in the Hyper Intelligent Automation... - [How Does Robotic Process Automation Work?](http://172.26.4.72/how-does-robotic-process-automation-work/): Robotic process automation is a crucial technology for digital transformation. According to Deloitte, 72% of companies would have already begun... - [What Is a Digital Automation Platform?](http://172.26.4.72/what-is-a-digital-automation-platform/): What is automation in a modern enterprise environment? In a nutshell, automation can be defined as a collection of technologies... - [Advantages of web-based RPA](http://172.26.4.72/advantages-of-web-based-rpa/): Almost all business today is being conducted on web-based systems. Collection and collation of data are done on the cloud,... - [How Businesses Can Shift into Life Beyond COVID19](http://172.26.4.72/how-businesses-can-shift-into-life-beyond-covid19/): As we navigate a time different from the one we would have liked or wanted, we’re bringing to you a... - [Is partial automation hindering your success?](http://172.26.4.72/is-partial-automation-hindering-your-success/): Have you ever said, “Let’s start small and then build it up based on how it goes,”? You sure have.... - [Improve Design and Development Team Efficiency: Document React Components using Storybook, Typescript, and CI/CD Pipeline](http://172.26.4.72/improve-design-and-development-team-efficiency-document-react-components-using-storybook-typescript-and-ci-cd-pipeline/): One common problem every new developer to a team experiences is the difficulty in knowing whether components already exist or... - [Robotic Process Automation (RPA) Is Elevated with ML and AI HyperApps](http://172.26.4.72/and-then-there-were-hyperapps-next-leap-in-your-automation-journey-and-why-point-solutions-dont-cut-it/): When it comes to robotic process automation (RPA), alone it does not have the ability to completely automate processes. HyperApps from JIFFY.ai incorporate RPA, ML, and AI to level up your automation processes. Learn more at JIFFY.ai. - [From RPA to Hyper Automation to HyperApps: Level Up Your Hyper Automation Journey](http://172.26.4.72/from-rpa-to-hyperautomation-to-hyperapps-level-up-automation-deployments-in-2021/): Level up your hyper automation processes with the JIFFY.ai automation platform. From RPA to hyper automation to HyperApps, your hyper automation journey is about to transform your business. Learn more about Hyper Automation at JIFFy.ai. - [Celebrating the big and little things that make JIFFY.ai a great workplace](http://172.26.4.72/celebrating-the-big-and-little-things-that-make-jiffy-ai-a-great-workplace/): Great people make great workplaces, and great workplaces make amazing products. December is typically a reflective time of year for... - [HR Diaries: Benefits of workplace fitness culture ](http://172.26.4.72/hr-diaries-benefits-of-workplace-fitness-culture/): Wellness can deeply impact productivity and this blog aims to explore the benefits of a workplace fitness culture with insights from HR Diaries. Read Now! - [HR Diaries: The importance of timely appreciation in workplace. ](http://172.26.4.72/hr-diaries-the-importance-of-timely-appreciation-in-workplace/): JIFFY.ai’s appreciation program is a framework designed to facilitate a culture of timely appreciation and foster a positive workplace culture. Read further to know the benefits first hand from the HR. - [Automating HR practices to boost employee experience](http://172.26.4.72/the-strategic-use-of-technology-to-boost-the-people-function/): Companies that recognize their employees as their greatest asset and invest in people first go longer distances. Human Resources in... --- ## Case Studies - [From Chaos to Clarity: How AI Transformed Financial Close for a Leading REIT](http://172.26.4.72/resources/case-studies/from-chaos-to-clarity-how-ai-transformed-financial-close-for-a-leading-reit/): AI-Driven Reconciliation Ensures a 50% Faster, 75% More Accurate Close Process - [From Manual to Straight-Through Processing](http://172.26.4.72/resources/case-studies/from-manual-to-straight-through-processing/): How a Global Pharma Supplier Streamlined Accounts Payable Operations Across Multiple Logistics Channels With JIFFY. ai’s AI-Powered Accounts Payable Solution. - [Global Logistics Giant achieves 70% faster Accounts Payable and 30% higher DPO with AI Solution](http://172.26.4.72/resources/case-studies/global-logistics-giant-achieves-70-faster-accounts-payable-and-30-higher-dpo-with-ai-solution/): JIFFY. ai’s AI-powered Accounts Payable Solution Transforms Process End to End - [Unlocking 40% Cost Reduction: Real Estate Giant Leverages AI for AP Efficiency](http://172.26.4.72/resources/case-studies/real-estate-giant-leverages-ai-for-ap-efficiency/): How JIFFY. ai's Procure-to-Pay Solution Transformed a Global Real Estate Firm's Accounts Payable Process - [Cetera transforms transaction experience for reps and investors with no-code HyperApps](http://172.26.4.72/resources/case-studies/cetera-case-study/): JIFFY. ai’s AI-powered platform enabled Cetera to build efficient and scalable financial services operations. As a result, they were able... - [Automation boosts efficiency in Employee Onboarding](http://172.26.4.72/resources/case-studies/automating-employee-onboarding-for-a-global-professional-services-firm/): Discover how Jiffy automated employee onboarding for a global professional services firm. Explore this client success story and more in our collection of case studies. - [Automated cancellation and refund for top US Airline](http://172.26.4.72/resources/case-studies/automating-cancellation-refund-queue-requests-for-a-leading-american-airline/): Learn how we streamlined cancellation and refund queue requests for a leading American airline. Explore this client success story and more in our case studies. - [Intelligent Invoice Processing for a top
automaker](http://172.26.4.72/resources/case-studies/cognitive-invoice-processing-for-an-automobile-manufacturer/): One of our clients, an automobile manufacturer, automated invoice processing using JIFFYY HyperApps. Discover this client success story and more in our collection of case studies. - [Orion saves thousands of hours, reinforces advisor-client relationships](http://172.26.4.72/resources/case-studies/orion-saves-thousands-of-hours/): Read how Orion's automation journey saved thousands of hours. Explore this client success story and more in our collection of case studies. --- ## Events - [JIFFY.ai was at CES 2023 in Las Vegas](http://172.26.4.72/resources/events/jiffy-ai-will-be-at-ces-2023-the-global-stage-for-innovation/): At the upcoming Consumer Electronics Show (CES 2023, Jan 5-8, Las Vegas), the JIFFY. ai Media team will be joining... --- ## Guides - [Enterprise AI 101: Definition, Benefits, Implementation Process and Challenges](http://172.26.4.72/guides/enterprise-ai/): Enterprise AI refers to the application of artificial intelligence (AI) within an organization to solve complex business problems, optimize operations. Read more - [Everything You Need to Know About AI Automation](http://172.26.4.72/guides/defining-ai-automation/): AI automation a.k.a Intelligent Automation combines artificial intelligence (AI) with automation technologies to create systems capable of automating tasks. Read more - [Everything You Need to Know About Business Process Automation](http://172.26.4.72/guides/business-process-automation/): Business Process Automation (BPA) refers to the use of software and application platforms to automate complex business processes and workflows. Read more here. - [What is Workflow Automation?](http://172.26.4.72/guides/workflow-automation/): Workflow automation is the process of using application platforms to automate processes, which are arranged in a sequence of tasks called a workflow. Read more - [What is Automation Software and How to Use it](http://172.26.4.72/guides/automation-software/): Automation software is designed to execute repetitive tasks or processes without human efforts, requiring minimal configuration or coding to set up. Read more - [The Ultimate Guide to Legacy Modernization: What is it and Why You Need it](http://172.26.4.72/guides/legacy-modernization/): Legacy modernization is the process of transforming outdated systems, software, and applications into modern, efficient, and scalable solutions. Read more here! - [What is Application Software? The Essential Basics, Insights, and Examples](http://172.26.4.72/guides/application-software/): Application software are workhorses built on powerful code to handle specific and crucial tasks and workflows, enabling businesses to run smoothly. Read more - [What is aPaaS? ](http://172.26.4.72/guides/what-is-ipaas/): A specialized aPaaS platform lets enterprise users quickly build and deploy cloud apps, enhancing team collaboration and efficiency throughout development. Read more - [What is Modern Application Development?](http://172.26.4.72/guides/what-is-modern-application-development/): Modern application development is rooted in cloud-native architecture, which leverages micro-services, AI capabilities, database management systems. Read more - [What is a No-code platform?](http://172.26.4.72/guides/what-is-a-no-code-platform/): Discover how no-code tools enable business professionals to directly contribute to your organization's app development, expanding your capabilities. Read more - [What is RAD?](http://172.26.4.72/guides/what-is-rad/): Rapid Application Development (RAD) is a development cycle that is designed to give high-quality results, faster than the traditional development methods. Read more - [The 2024 Guide to Modern Custom Application Development](http://172.26.4.72/guides/custom-application-development/): Custom applications are not readily available on the market. They are developed by businesses to handle their specific needs. Read more --- ## Landing Pages --- ## Newsrooms - [JIFFY.ai and WNS Unveil TRAC ONE-F: A Unified Autonomous Finance HyperApp Transforming Enterprise Finance](http://172.26.4.72/newsroom/jiffy-ai-and-wns-unveil-trac-one-f-a-unified-autonomous-finance-hyperapp-transforming-enterprise-finance/): AI-powered Solution Enhances Decision-Making, Reduces Manual Processes, and Unlocks New Revenue Streams Palo Alto, CA, Sep 12, 2024: JIFFY. ai,... - [JIFFY.ai named a Star Performer in Everest Group’s Intelligent Document Processing PEAK Matrix® 2023](http://172.26.4.72/newsroom/iffy-ai-named-as-a-star-performer-in-everest-groups-intelligent-document-processing-peak-matrix-2023/): Moves up in position consistently through the last years Palo Alto, CA | June 14, 2023: Everest Group, the leading... - [JIFFY.ai and The Paanini Foundation announce Paralympic Gold Medallist Annabelle Williams as Brand Ambassador](http://172.26.4.72/newsroom/jiffy-ai-and-the-paanini-foundation-announce-paralympic-gold-medallist-annabelle-williams-as-brand-ambassador/): Renowned athlete to inspire people and enterprises to step into the autonomous future and unleash their true potential Palo Alto,... - [Group Black and JIFFY.ai partner to bring operational excellence to Black-owned media](http://172.26.4.72/newsroom/group-black-and-jiffy-ai-partner-to-bring-operational-excellence-to-black-owned-media/): JIFFY. ai provides their unique intelligent automation technology to Group Black enabling Black-owned media to scale at a larger rate... - [JIFFY.ai named as a Major Contender in Everest Group’s Intelligent Document Processing PEAK Matrix® 2022](http://172.26.4.72/newsroom/jiffy-ai-named-as-a-major-contender-in-everest-groups-intelligent-document-processing-idp-products-peak-matrix-assessment-2022/): Retains position for the second year in a row Palo Alto, CA | June 10, 2022: Everest Group, the leading... - [JIFFY.ai named as a Major Contender in Everest Group’s Robotic Process Automation PEAK Matrix® 2022](http://172.26.4.72/newsroom/jiffy-ai-named-as-a-major-contender-in-everest-groups-robotic-process-automation-rpa-products-peak-matrix-assessment-2022/): Retains position for the second year in a row Palo Alto, CA | October 12, 2022: Everest Group, the leading... - [Cetera Partners with JIFFY.ai to Expand Automation Capabilities](http://172.26.4.72/newsroom/cetera-partners-with-jiffy-ai-to-expand-automation-capabilities/): Our Partnership will enhance home office, financial professional, and investor experiences Palo Alto, California – September 21, 2022 – Cetera... - [JIFFY.ai welcomes former VMWare COO and SAP President Sanjay Poonen as Advisor](http://172.26.4.72/newsroom/jiffy-ai-welcomes-former-vmware-coo-and-sap-president-sanjay-poonen-as-advisor/): PALO ALTO, CA. , July 12, 2022 – JIFFY. ai, a pioneer in delivering autonomous enterprise cloud platform, announced today that... - [William (Bill) Ribaudo joins JIFFY.ai as President; to oversee strategic growth initiatives of the Autonomous Enterprise Platform](http://172.26.4.72/newsroom/william-ribaudo-joins-jiffy-ai-as-president/): PALO ALTO, CA – – JIFFY. ai, an award-winning app-based low-code/no-code intelligent automation platform, today announced that it has appointed... - [JIFFY.ai Raises $53 Million in Funding as Part of Series B Round ](http://172.26.4.72/newsroom/series-b-funding-announcement/): Aim to advance our mission to build autonomous enterprises of the future, by applying artificial intelligence and HyperApp-based automation PALO ALTO,... - [Docupace, JIFFY.ai Partner to Bring Next Generation Automation to the Back Office](http://172.26.4.72/newsroom/docupace-jiffy-ai-partner-to-bring-next-generation-automation-to-the-back-office/): IFFY.ai and Documpace announce the joint development of the wealth management industry’s most powerful suite of automation solutions; deploying leading-edge capabilities such as intelligent document processing, artificial intelligence (AI), robotic process automation (RPA), as well as machine learning and advanced analytics to deliver benefits at scale across enterprise operations. - [JIFFY.ai Brings AUTOMATE Solution to the Pharmaceutical Industry via Partnership with Lupin](http://172.26.4.72/newsroom/jiffy-ai-brings-automate-solution-to-the-pharmaceutical-industry-via-partnership-with-lupin/): Find out why the new partnership between JIFFy.ai and Lupin Limited will take pharmaceutical automation to new heights. Together, they will deploy intelligent automation services and software solutions such as A.I., NLP, and intelligent document processing. Explore more about this impactful intelligent automation platform and partnership at JIFFY.ai. - [Bringing intelligent automation to MENA with Seed Group | JIFFY.ai](http://172.26.4.72/newsroom/seed-group-partners-with-silicon-valley-based-jiffy-ai-to-facilitate-growth-of-intelligent-automation-industry/): Discover how the new JIFFY.ai and Seed Group partnership is prepared to optimize enterprise process automation across the Middle East and Northern Africa. With the global RPA industry flourishing, read more about why this strategic partnership is ready to deliver enterprise process automation solutions across the MENA region at JIFFY.ai. - [Intelligent Document Processing for Financial Services & Mortgage](http://172.26.4.72/newsroom/breakthrough-hyperapp-and-intelligent-document-processing-solution-drives-digital-transformation-for-the-financial-services-and-mortgage-industries/): Learn about the exciting new partnership between JIFFY.ai and Ephesoft, and how their combined intelligent automation solutions within the innovative Mortgage Loan Processing HyperApp will streamline and transform the end-to-end mortgage loan process. Explore intelligent breakthroughs such as RPA in mortgage processing today at JIFFY.ai. - [Babu Sivadasan accepted into Forbes Technology Council](http://172.26.4.72/newsroom/babu-sivadasan-accepted-into-forbes-technology-council/): Read about JIFFY.ai’s CEO, Babu Sivadasan, and his new role on the renowned Forbes Technology Council. Sivadasan will bring his intelligent automation, software development, and business growth insights to the Forbes Tech Council, where he will look to continue building strategic inroads to successful automation. Explore more about Babu Sivadasan’s new role at JIFFY.ai. --- ## Testimonials --- ## Use Cases - [Intelligent testing automation for retail order management](http://172.26.4.72/resources/use-cases/automated-testing-of-order-management-lifecycle-for-retailers/): Explore the test automation capabilities for your order management software. Powered by AI and ML, JIFFY.ai can test retail order management system software to ensure your processes are resilient and you deliver superior experiences to your customers. Read more about intelligent test automation at JIFFY.ai. - [KYC process automation with intelligent RPA helps transform your organization](http://172.26.4.72/resources/use-cases/kyc-process-automation-with-intelligent-rpa-2/): Learn more about how we automate KYC processes at JIFFY.ai. Automate KYC processes with cognitive capabilities, machine learning, and natural language processing features, along with flexible end-to-end automation capabilities – both rule-based and intelligent. Discover KYC and CIP process automation solutions on our website. - [Automating customer service to boost team efficiency](http://172.26.4.72/resources/use-cases/helping-telecom-customer-service-teams-in-times-of-crisis-with-automation/): Discover how JIFFY.ai can automate customer service resulting in 30% reduction in response time, 40% reduction in dropped calls, and 30% increase in agent efficiency. The possibilities of automating customer service are limitless. Learn more about our customer service automation capabilities on our website. - [Hyperautomating group airline bookings](http://172.26.4.72/resources/use-cases/hyperautomating-group-airline-bookings/): Explore our group airline reservation automation solution at JIFFY.ai. Save operational cost, reduce errors, and minimize turnaround times without compromising efficiency or productivity with group airline booking automation. Learn more about group flight ticket reservation automation on our website. - [Transforming finance and accounting processes](http://172.26.4.72/resources/use-cases/transforming-finance-and-accounting-processes/): Learn more about automating accounts payable workflows online at JIFFY.ai. With our finance process automation and AP automation solutions, you can intelligently automate the most complex tasks effectively and accurately. Explore use cases for ML, AI & RPA in finance on our website. --- ## Videos --- # # Detailed Content ## Pages - Published: 2025-06-12 - Modified: 2025-06-12 - URL: http://172.26.4.72/sample-page/ (function(t,e,s,o){var n,a,c;t. SMCX=t. SMCX||,e. getElementById(o)||(n=e. getElementsByTagName(s),a=n,c=e. createElement(s),c. type="text/javascript",c. async=! 0,c. id=o,c. src="https://widget. surveymonkey. com/collect/website/js/tRaiETqnLgj758hTBazgd_2FCq31UvmncXYVkjbhPhd53bjXGrh5El66SRcp5YPvDO. js",a. parentNode. insertBefore(c,a))})(window,document,"script","smcx-sdk"); --- - Published: 2022-11-16 - Modified: 2022-11-16 - URL: http://172.26.4.72/event/ Don't delete --- > JIFFY.ai accelerates your digital transformation journey with itsAI-driven intelligent automation solutions, driving your business forward by introducingthe power of its no-code platform. - Published: 2020-12-28 - Modified: 2023-09-05 - URL: http://172.26.4.72/ . . --- > Join JIFFY.ai, a game-changing disruptor in the intelligent automation market. If your values are centered around passion and people, you’ve found the right place. View available job openings on our website. Learn more about careers in technology and automation at JIFFY.ai. - Published: 2020-11-19 - Modified: 2023-07-27 - URL: http://172.26.4.72/company/people-culture/ . .   At JIFFY. ai, we see automation through a new lens. A lens of possibilities. A lens of innovation. A lens of speed. A lens of ease. While never losing sight of the need for the human touch. Welcome to new world order of automation. Do you think faster, create faster, automate faster, and innovate faster? If you’re ready to accelerate your career, come join JIFFY. ai. careers culture jiffy. ai People & Passion At JIFFY. ai, we put people at the center of all that we do, that’s why our values (The JIFFY. ai Way) are centered around passion and our people, JIFFYians. The JIFFY. ai Way: Love what you do and do what you love. Lead by example every day and always give it your all. Passion is what fuels us – we put our hearts into everything we do. Radiate respect and reliability. From how we interact with each other, partners, customers or the world, we have immense integrity – doing and delivering with both. Embrace what is different. This is what brings us together to think, create, automate and innovate faster. As a global company, you’ll get the chance to work with others across the world. And with the current global pandemic, JIFFYians are now working remote – so casual Fridays are now every day and your pets are your new office mate. Most importantly though, through the power of technology JIFFYians can keep connected (literally) with one another, no matter where or when... --- > Learn about our business transformation company. See automation innovation through a new lens. We believe in the power of advancing computing and automation. Explore the benefits of digital and business transformation at JIFFY.ai. - Published: 2020-11-19 - Modified: 2023-07-14 - URL: http://172.26.4.72/company/about-us/ . . About us - Automation Accelerating Innovation Welcome to the new world order of Automation that’s faster than you think. Vision We are a team of people here to disrupt tomorrow. We have set out to transform how innovation happens, for a better future. We think faster, create faster, automate faster, and innovate faster. To achieve tomorrow’s possibilities, today. Responsible InnovationAt JIFFY. ai, we believe in the power of advancing computing and automation, while being conscious of the social impact of such disruptive technology. The Paanini Foundation was created to help support the displacement of human resources caused by automation. The Paanini Foundation partners with our clients to help them manage the potential workforce disruption caused by the automation we bring in via upskilling initiatives that prepare the workforce for new-age jobs. About us - Investors and AdvisorsOur committed management team is ably guided by advisors from the technology, academia and financial world. Our investors partner with software entrepreneurs like us to build global winners, and work with companies that disrupt existing markets; handle large amounts of data; solve serious technical challenges and build evergreen products. In short, they invest in entrepreneurs that build ambitious, data-driven businesses. See automation through a new lens Lens of InnovationDrive innovation, don’t just automate tasks. Lens of SpeedAchieve faster business transformation and growth. Lens of PossibilitiesUnlock unseen possibilities in your enterprise business. Lens of EaseSimplify processes to increase efficiency in less time. --- > Discover real-world examples of client success stories and casestudies at JIFFY.ai. Learn how our solutions drive business transformation. - Published: 2020-06-06 - Modified: 2024-09-03 - URL: http://172.26.4.72/resources/case-studies/   Executive SummaryOur client, one of the largest automobile manufacturers in the world, wanted to automate their finance and accounting processes. JIFFY. ai’s AI-based Invoice Processing HyperApp was leveraged by the customer to overcome the challenges of handling a multi-country roll out. Our HyperApp ensured that the customer was able to achieve 85% straight through processing over a 12-week period across a volume of 150,000 invoices per month for 5,000 suppliers . . Case Studies Challenges Automating invoice processing in a centralized manner was becoming extremely complex for our client due to huge monthly volumes, varying formats and business rules specific to different supplier types. The client was depending on manual execution, making the process time-consuming and error prone. With increasing volumes, the F&A team was unable to meet the processing timelines. Implementing RPA did not yield results as expected, since most RPA solutions are rule-based, and are unable to handle frequent changes in invoice templates. New vendors, new invoice formats, changes in supplier status etc, made the initial RPA based approach completely unsuccessful. Every time a new vendor was added to the system or an invoice with a new format was to be processed, or an invoice was delivered in a different format, or an existing supplier became a top supplier for the company, the invoice template had to be updated. This meant extensive changes to the invoice template. This was a continuous process and a maintenance nightmare. Since the customer worked with over 6000 suppliers, the range of... --- > JIFFY.ai is the best way to gain valuable insights on automation, digital transformation, and more. Stay updated with the latest trends and best practices. Visit our blog now! - Published: 2020-06-06 - Modified: 2024-09-03 - URL: http://172.26.4.72/resources/blog/ . . Have you ever said, “Let’s start small and then build it up based on how it goes,”? You sure have. So have most of us. In our world, this is typically how all automation begins. Blog Posts During the initial days of robotic process automation (RPA), organizations were mostly skeptical. They saw potential but were unsure of real impact. So, they tried it out for small non-critical functions — they wanted to minimize risks. Understandably. Say, the finance department would automate one task in the Accounts Payable first such as reading data from a file and transferring that to the ERP system. However, other aspects of the Accounts Payable process would continue to remain manual. Also, understandable. This is what is called partial automation — quite literally, automating just a part of something much bigger. But why would anyone do that? In fact, there are plenty of reasons for handling automation this way. For one, the earliest automation systems could only automate basic screen capture – in other words, anything that couldn’t be seen on a screen would break the process and need manual intervention. Some of them are financial — end-to-end automation is more expensive and incurs higher opportunity costs to run business-as-usual in the interim because every sub-task would need investment in a bot. Partial automation, on the other hand, was cheaper. Organizations could pick a few bots for shorter processes and pay-as-they-go. This also helped them understand the effectiveness of automating and calculate ROI in... --- > Discover how our innovative AI software development can transform your processes at JIFFY.ai JIFFY.ai Innovate integrates artificial intelligence in software engineering, which dramatically shortens and simplifies your software development life cycle. Learn more about how AI software development can benefit your business at JIFFY.ai today. - Published: 2020-05-27 - Modified: 2022-01-13 - URL: http://172.26.4.72/products/innovate/ . . --- --- ## Posts - Published: 2025-06-20 - Modified: 2025-06-20 - URL: http://172.26.4.72/whats-holding-reits-back-from-being-always-audit-ready/ In a recent JIFFY. ai pulse survey of REIT finance leaders, here’s how respondents rated their audit preparedness:  10% – Always audit-ready 40% – Mostly compliant, but time-consuming 35% – Struggle with documentation and traceability 15% – Reactive: Scramble during audits When asked what compliance controls are hardest to enforce, these stood out:  Threshold-based approval rules Real-time tracking of audit trails Data validation before posting Role-based segregation of duties (SoD) Automated backup of journal entries and reconciliations “During our last Journal Voucher (JV) audit, it took two weeks just to find and organize supporting docs. Every system had a piece of the puzzle. ” — Assistant Controller, Public REIT Why Audit Challenges Are Magnified in REITs  REIT finance structures are inherently complex:  Multiple legal entities and JV ownerships High volume of recurring entries like rent accruals, CAM recoveries, and intercompany eliminations Sprawled tech landscape (ERP + lease management + Excel + property manager emails) Add in the need to meet SEC, SOX, and NAREIT compliance, and you’ve got a system where manual processes introduce audit risk at every turn.   The Case for Built-In Compliance and Continuous Audit Readiness  What Leading REITs Are Doing Differently with Automation:  Embedded Threshold-Based Workflows Ensure that no journal entry or financial adjustment is posted without multi-level, rule-based approvals.   Real-Time Audit Trails Track every action—who posted what, when, and why—with full traceability and time-stamped logs.   Pre-Post Validation & Exception Alerts Catch errors, data mismatches, and compliance gaps before entries hit the GL.   Automated Backup of... --- - Published: 2025-06-20 - Modified: 2025-06-20 - URL: http://172.26.4.72/reporting-at-scale-why-reits-need-smarter-close-automation/ In the complex world of Real Estate Investment Trusts (REITs), reporting is where financial and operational complexity collide. From property-level income statements to Journal Voucher (JV) summaries and investor-ready board decks, REIT finance teams juggle a wide array of reporting demands—each with high stakes and tight timelines.   Yet, despite the criticality, reporting remains one of the most error-prone and time-intensive phases of the end-to-end close. According to a 2023 Deloitte CFO Signals survey, more than 60% of finance leaders cited “data complexity” and “fragmented systems” as major barriers to timely financial reporting. For REITs, this is compounded by lease-level granularity, occupancy dynamics, and multi-entity structures.   The Reporting Reality in REIT Close Cycles  From a recent JIFFY. ai REIT Close Survey, here's what we found finance teams are dealing with today:  Over 70% of respondents generate 8 or more financial and operational reports during each close cycle. The top 3 reports include property-level P&L and balance sheet, JV/partner financial summaries, and NOI by property. Yet 63% struggle with scattered data across ERPs, lease systems, and spreadsheets, leading to delays and inaccuracies. Here are some real-world challenges they face:  Manual mapping of rent rolls to GL Complex ownership splits that vary month to month CAM recovery allocations prone to human error Audit trail gaps in investor or regulatory filings Disparate formats across operational and financial data sources "With over 200 properties and dozens of JV partners, just consolidating financials used to take us 4-5 days. Any delay from property managers... --- - Published: 2025-06-19 - Modified: 2025-06-19 - URL: http://172.26.4.72/why-reits-need-end-to-end-close-automation-now/ In real estate, time is money—and accuracy is everything.   For Real Estate Investment Trust (REIT) finance teams, the month-end close isn’t just a routine deadline. It’s a high-stakes process involving truthful reporting across complex journal voucher (JV) structures, strict compliance demands, audit preparedness, and delivering actionable insights for the leadership to make capital allocation decisions.   But when systems are fragmented, processes are manual, and close cycles unpredictable, even the most skilled finance teams face burnout and risk errors that can ripple across the business.   This is why end-to-end (E2E) close automation, powered by Artificial Intelligence (AI), is no longer optional—it’s critical. It not only accelerates the close but delivers measurable financial, operational, strategic, and human benefits. Here’s how:  1. Financial Benefits  AI-powered E2E close automation directly bolsters the financial health of REITs.   Cost Reduction  According to APQC, organizations with best-in-class close processes spend 66% less per $1,000 of revenue on financial reporting than their peers. AI-driven automation eliminates spreadsheet chaos, reduces costly manual rework, and intelligently identifies recurring tasks and anomalies, minimizing human error.   Improved Forecasting Accuracy  Deloitte’s REIT research highlights that incomplete or delayed data is a top cause of forecasting errors. AI platforms enable real-time data validation and predictive analytics, providing sharper insights into working capital and lease-level forecasting.   Reduced Audit Penalties and Restatements  The Securities and Exchange Commission (SEC) has sanctioned REITs for weak documentation and internal controls. AI embeds compliance into workflows—enforcing threshold-based approvals, comprehensive audit trails, and role-based segregation... --- - Published: 2025-06-19 - Modified: 2025-06-19 - URL: http://172.26.4.72/reconciliation-challenges-in-reit-close-why-its-time-for-a-smarter-way/ For Real Estate Investment Trusts (REITs), the month-end financial close isn’t just a deadline—it’s a pressure cooker. And Reconciliation is among its most time-intensive components. From matching rent payments and bank transactions to tracking expenses and revenue across dozens—or hundreds—of properties, the complexity is real. And it’s growing. The finance teams of REITs face unique operational reporting demands, from CAM recoveries to lease-level reconciliations, all while juggling joint venture (JV) structures and scattered data sources. In this environment, traditional reconciliation methods fall short—slowing down close cycles and leaving finance teams vulnerable to risk.   Proof from the Frontlines: What Leading REITs Are Saying  “Before automation, our reconciliation was a nightmare. With hundreds of properties and thousands of tenant payments, manual matching just wasn’t scalable. Now we’re closing 4 days faster and with 10x more confidence. ” — VP Finance, Large US-based REIT The Real Cost of Manual Reconciliation in REITs Despite digital advancements, a large percentage of REITs still rely on spreadsheets, email chains, and siloed systems for reconciliation. According to Deloitte’s CFO Signals Survey, 52% of finance leaders cited "data integrity issues" and "lack of automation" as primary causes for delays and inaccuracies in the close process.   In REITs, this reality is compounded by scale. With high transaction volumes, complex ownership splits, and disparate property management systems, even small errors can ripple into major financial misstatements. Many REIT finance teams report spending 30%–40% of the total close cycle on reconciliation alone—and often still lack confidence in the final... --- - Published: 2025-06-19 - Modified: 2025-06-19 - URL: http://172.26.4.72/what-to-expect-from-a-purpose-built-automated-reit-reporting-platform/ Why “REIT-Ready” Matters  When it comes to monthly or quarterly reporting, Real Estate Investment Trusts (REIT) face challenges that generic tools aren’t designed to handle—like Journal Voucher (JV) ownership splits, CAM reconciliations, multi-entity consolidations, and property-level reporting granularity. That’s why REIT finance teams shouldn’t have to reinvent the wheel with custom development or configure every detail from scratch, even in no-code platforms.   What a Ready-to-Use REIT Automation Platform Delivers  Prebuilt Reporting Templates for REIT-Specific Needs From property-level P&Ls to consolidated financials, CAM recovery breakdowns, and investor decks—expect plug-and-play formats tailored to REIT workflows.   Automatic Mapping Across Systems Eliminates manual mapping between lease schedules, rent rolls, and GL data. The system reconciles data from ERPs, lease management tools, and operational systems without human intervention.   Embedded Logic for JV and Ownership Splits Handles complex ownership structures and distributions with embedded calculation rules that reflect how your JV partnerships operate.   Built-In Exception Handling & Reconciliation Easily identifies outliers, exceptions, or missing data—before reports are finalized—reducing close errors and delays.   Audit-Ready and Regulator-Compliant Output Whether it’s NAREIT standards or SEC filings, the system supports audit trails, version control, and standardized formats out of the box.   Real-Time Dashboards for Internal and External Stakeholders Role-based access for CFOs, controllers, property managers, and JV partners—delivering the right insights to the right people instantly.   Why Not Just Use No-Code or Build Custom Tools?   While generic no-code platforms offer flexibility, they come with hidden costs:  You’re Still Doing the Thinking: You’ll need to model, test, and QA... --- - Published: 2025-06-19 - Modified: 2025-06-20 - URL: http://172.26.4.72/reit-finance-close-process-a-quick-cheat-sheet/ What REIT Finance Teams Manage During Close:  Hundreds of manual journal entries across properties, Journal Vouchers (JV), and entities  Reconciliation chaos: Rent, CAM, bank, tenant-level, intercompany  Complicated approvals and compliance tracking  Scattered audit documentation  Reporting demands from JV partners, boards, auditors, and investors  Top 3 Priorities for Improving the REIT Close Process  1.  Reducing Manual Journal Entry Effort  Why it matters: REITs typically manage thousands of recurring and ad-hoc JVs every month. Manual data entry + email approvals = bottlenecks and risk Look for automation solutions that include: Smart templates and pre-filled recurring entries  Integrated approval workflows  Direct posting to ERP with audit trails  2. Automating Reconciliation & Exception Handling Why it matters: Reconciliation eats up to 40% of the close cycle. High-volume rent and CAM data are painful to match manually. Look for AI tools that: Auto-match transactions across systems (ERP, lease, bank)  Flag anomalies and unmatched items in real time  Track aging and allow commentary or notes for auditors  3. Real-Time Visibility into Close Status  Why it matters: Without a centralized dashboard, close progress is hard to track and manage—especially in multi-entity REIT structures.   The right solution should offer:  Close calendars and task trackers  Visual dashboards for task status (by property, entity, region)  Alerts for delays, exceptions, or missing approvals  Other Close Priorities to Consider:  Streamlining Approvals & Compliance Checks  Centralizing Documentation for Audit  Faster, More Accurate Reporting  Pro Tip: Adopt a REIT-Ready Close Automation Platform Powered by AI  No-code tools are great—but AI-driven automation tools purpose-built... --- - Published: 2025-06-18 - Modified: 2025-06-18 - URL: http://172.26.4.72/reporting-in-reit-close-the-mission-critical-backbone-of-financial-intelligence/ For Real Estate Investment Trusts (REITs), the monthly or quarterly close isn't complete until the reports go out—and they go everywhere. From property managers to Journal Voucher (JV) partners, auditors to board members, everyone needs a different slice of the data. The result? A complex web of financial and operational reporting requirements that must be met with precision and speed.   But what does this reporting really entail? And why does it still drain time and resources, despite being a repeatable process?   In this blog, we break down the most common reports REIT CFOs and finance teams generate—and why each is mission-critical. What Industry Leaders Are Saying  “From board packages to JV summaries, the volume and complexity of reporting in our REIT is immense. Without automation, we’d still be closing on Day 20. ” — VP, Corporate Finance, Diversified REIT The Most Important Reports in a REIT Close—And What They’re Used For  Property-Level P&L and Balance Sheet Gives asset managers and executives granular visibility into the financial health of each property—flagging anomalies, identifying ROI shortfalls, and guiding performance improvement. Consolidated Financials These are essential for external stakeholders and public disclosures—often required for SEC filings and NAREIT compliance. Roll-ups must be precise and compliant across multiple entities and accounting standards. JV/Partner Financial Summaries Joint ventures add another layer of complexity. Reports need to reflect equity splits, ownership terms, and cash distributions, customized to each partner’s view of the data. Investor or Board Packages Presentation-ready reporting packs with high-level trends, forecasts,... --- - Published: 2025-06-17 - Modified: 2025-06-18 - URL: http://172.26.4.72/unlocking-speed-and-control-tackling-journal-entry-bottlenecks-in-the-reit-financial-close/ For many Real Estate Investment Trust (REIT) finance teams, closing the books isn't just a deadline—it's a recurring challenge. With complex ownership structures, multi-entity consolidations, and high-volume journal vouchers (JVs), the end-to-end periodic close often feels like a maze of manual tasks, version control headaches, and last-minute surprises.   At the centre of these challenges are journal entries—the linchpin of every financial close. Whether it's recurring accruals, reclassifications, or one-time adjusting entries, journals are both high-impact and high-friction. Despite their importance, journal entries are often the slowest-moving piece in the close puzzle.   The Journal Bottleneck Is Real  Based on industry observations, journal entry bottlenecks are a major contributor to close delays. Common challenges include:  Manual Overload: High-volume recurring entries like lease income, common area maintenance (CAM) recoveries, or interest accruals still require significant manual effort. Each manual touchpoint increases the risk of errors and slows down processing.   Spreadsheet Chaos: Relying on disconnected spreadsheets makes it nearly impossible to track statuses, approvals, or history in real time, leading to missed steps and duplicate entries.   No Standardized Workflows: Inconsistent JV formats, varying approvers, and ad hoc processes mean time is lost clarifying responsibilities instead of progressing toward close.   ERP Friction: Manual ERP posting isn't just tedious—it delays downstream processes and makes real-time reporting nearly impossible.   Email Bottlenecks: Email-based approvals are a black hole. JVs get stuck in inboxes, approvals are delayed, and there's no audit trail—just a mess of threads.   No Visibility or Oversight: Without dashboards... --- - Published: 2025-06-05 - Modified: 2025-06-06 - URL: http://172.26.4.72/delightful-investor-experiences-start-with-seamless-digital-onboarding/ Why Wealth Firms Must Rethink the First Mile of the Client Journey When a potential investor engages with your firm for the first time, you’re not just opening an account—you’re setting the tone for the entire client relationship. In the highly competitive wealth management industry today, digital onboarding is no longer a “nice to have. ” It’s a strategic differentiator that shapes how investors perceive your brand, your service, and your commitment to their financial goals. Yet, in many firms today, onboarding is still a complex, paper-heavy, and painfully slow process—often taking days or even weeks to complete. For digital-first investors who are used to near-instant experiences in other industries, this friction is more than just frustrating—it’s a deal breaker. The Digital Investor Has Changed. Has Your Onboarding Process? When it comes to building investor trust and loyalty, the first few steps matter the most—in this case, those steps involve onboarding. Today’s investors are digital natives. They are financially aware and expect more than just transactions. They seek personalized guidance, education, and proactive insights from their advisors—starting from the very first interaction. They compare your onboarding process to their best experiences with streaming services, mobile banks, and e-commerce platforms. They expect a fast, intuitive, and secure onboarding experience. They’re not walking into branches—they’re tapping into apps, clicking through portals, and expecting answers in real time.   According to recent studies, 42% of wealth and asset management clients now initiate relationships through a website or app, yet 62% of executives admit... --- > Intelligent automation powered by AI/ML is at the heart of a robust digital transformation strategy for banking and financial services firms. Manual legacy business processes in your front, middle and back offices may be out of sync with today’s demands, causing missed opportunities. Use our intelligent automation roadmap to discover workflow opportunities that reduce costs, improve efficiency, and help your firm conquer the future. - Published: 2024-10-05 - Modified: 2025-05-07 - URL: http://172.26.4.72/the-times-they-are-a-changin-automating-workflows-in-financial-services/ Traditionally, workflow automation in financial services has been limited to two aspects. First, the front office is where automation is usually deployed – e. g. , an automated chatbot to solve customer queries or marketing automation to increase customer engagement. Second, automations are implemented in silos to optimize individual tasks, without integrating into broader associated or contextually surrounding workflows. This leads to a host of missed opportunities, which you can address by reassessing underlying workflows and leveraging automation holistically. What Got You Here Won’t Get You There Business processes change frequently, and your existing workflows and older approaches may be completely out of sync with today’s demands, causing missed opportunities. In addition to the front office, mid- and back-office processes like manual data entry could hugely benefit from automation. Particularly in the new normal, reduction of manual effort in such workflows makes a lot of sense. Digital transformation is an ongoing process and the upheavals of 2020 have significantly accelerated transformation initiatives. Pre-pandemic workflows, task-focused bots, etc. should be revisited and firms should look to leverage true end-to-end, integrated automation. Automation technologies are constantly evolving – for instance, intelligent automation uses AI/ML with rules-based automation in a hybrid model to be able to address the widest possible variety of scenarios. Existing systems and processes that got you where you are today may not be suited to unlocking these opportunities. Meanwhile, the financial services industry has rapidly evolved to become digital-first, which further widens the gap between industry leaders and laggards.... --- > An automated, personalized approach can simplify the complicated state of customer onboarding in financial institution. Read the full blog to learn how! - Published: 2024-08-04 - Modified: 2025-05-07 - URL: http://172.26.4.72/closing-the-gaps-in-onboarding-and-self-service-for-bank-and-trust-customers/ The current state of the customer onboarding process in financial institutions (FIs) in general and Bank & Trust firms in particular is largely disorganized and far from efficient. With lengthy, complicated documentation requirements and stringent rules and regulations, the onboarding process causes many would-be customers to tap out. In fact, Deloitte research found that at least 38% of banking clients drop out during the onboarding process due to the sheer frustration of having to go through complex processes and the reams of paperwork required. What’s wrong with the process? Here are five of the biggest gaps:  The KYC process is broken: Reuters reports that 85% of its corporate banking customers don’t have an appropriate Know Your Customer (KYC) procedure – the mandatory process of identifying and verifying a client's identity during onboarding and again, periodically, over time. Some legal frameworks still exist that require customers to visit bank branches or submit physical documents. Such shortfalls in digitizing onboarding end-to-end can lead to delays and inconveniences for customers, who prefer a seamless online experience. Limitations in self-service: While many banks have made progress in providing self-service capabilities to customers, there are often limitations, and certain complex transactions and requests still require the customers to speak to customer service representatives. What’s more, most self-service platforms lack personalization features, and customers often receive generic information that fails to address their needs.   Insufficient education and support: Banks often assume that customers are knowledgeable about their products and services, which may not always be... --- - Published: 2024-08-02 - Modified: 2025-06-18 - URL: http://172.26.4.72/embracing-ai-and-intelligent-automation-in-financial-services/ We cannot emphasize enough the impact that artificial intelligence (AI) and automation (specifically Robotic Process Automation) has had, and will continue to have, on our industry. In fact, most advisors have grown so accustomed to their benefits, that they may not even realize the daily impact to their practices and clients. Consider your custodial platform and the way a client’s information seamlessly prepopulates in the system if he/she/they already has an account there. Or think about quarterly performance reporting; with the push a few buttons, you can generate reports for every single household in just a few minutes. AI and automation help reduce costs, increase accuracy in processes (like account opening) and ultimately create capacity for advisors, conceivably leading to increased revenue and profits. There are challenges, however, that individual advisors face as it relates to embracing this new age of technology and fully automating their operations. First of all, some advisors are not yet reaping the full benefits; advisors within larger institutions are oftentimes limited to the systems and tools available at their home firm, many of which are siloed, fragmented, and outdated.   Advisors who CAN build their own tech stack often struggle with “technology overload” and feel paralyzed by the many options and customizations. In addition, training staff can be challenging. Even with access to the best operational tools, many advisory teams still use excel spreadsheets to manage and analyze data about their practices. Finally, redeploying human capital towards revenue-generating activities is no easy feat. Work expands... --- - Published: 2024-07-26 - Modified: 2025-05-07 - URL: http://172.26.4.72/what-to-expect-when-you-are-automating-financial-service-leaders-weigh-in-on-the-perfect-roadmap/ While digital transformation has recently become a key priority for the financial services sector, last year was a landmark period in this journey. Nearly half (49%) of firms have accelerated their initiatives, finds Deloitte, and the financial services sector has far outpaced other industries in their digital investments (arguably, because our industry was so far behind others). Over the years I’ve been part of several C-suite management teams and corporate boards for leading organizations at the intersection of financial services and tech. One first-hand observation I have made is that automation not only achieves short-term benefits like headcount of expense reduction, but it also creates a ripple effect that permeates across the entire company’s ecosystem. Strategic automation at the backend allows advisors to be more efficient in their work, and in turn, drives a far superior experience for the end customer. To achieve such holistic impacts, it is vital that we relook at our understanding of automation in financial services and the future roadmap. Financial Services institutions have been primarily focused on building out an integrated infrastructure with interoperability between systems that enable a unified rendering of data for advisors. But this is only step one: It is when effective automation of front, mid, and back-office processes meets 360-degree business objectives, only then, advisors are free to build more capacity in their day and devote their time to more meaningful work, and eventually drive long-term business growth through lasting relationships with customers. --- > Get the facts by debunking common myths around enterprise automation. Learn how to avoid pitfalls and ensure successful implementation on the JIFFY.ai blog. - Published: 2024-03-16 - Modified: 2025-05-07 - URL: http://172.26.4.72/debunking-top-3-myths-around-enterprise-automation-and-avoiding-these-pitfalls-to-implementation-success/ There are two sides to the conversation around enterprise process automation. On the one hand, there is incredible hype surrounding Robotic Process Automation (RPA) and Artificial Intelligence-enabled intelligent automation, with investments expected to cross $12. 6 billion by 2023. On the other hand, between 30% and 50% of technology projects fail — not due to flaws in the solution, but due to poor management. If you have been struggling to unlock the expected value from your investments, or if you have been hesitating to embark on that ambitious automation project, but remain convinced that business process automation holds potential for your enterprise, chances are that you might be impacted by these pitfalls or influenced by these prevalent myths. Myth 1: Automation is too expensive Companies believe that a “big bang approach” to automation is the best, involving a sizeable capex. Pitfall: Business leaders rip apart and rebuild processes from scratch using automation scripts, which are non-modular and cannot be reused. Fact: You don’t need to automate the entire enterprise -- or even an entire line of business -- at once. A micro-services approach that breaks down process monoliths into manageable and automation-ready parts helps to achieve quick wins and keep costs predictable. Myth 2: Automation is too risky Companies suspect that automating business processes will add fresh risk vectors -- e. g. , APIs and data connectors. Pitfall: Departments or sectors handling sensitive data are not expected to gain from automation efficiency, and only tasks that add lesser business value... --- - Published: 2024-03-09 - Modified: 2025-05-07 - URL: http://172.26.4.72/the-future-of-enterprises-is-all-about-freedom/ JIFFY. ai enables enterprises to become autonomous with intelligent automation, and achieve tomorrow’s possibilities today Change happens. All the time. Faster than you think. In the future, your organization will be able to sustain and thrive only if it’s ready to adapt on-the-fly. These changes could be geopolitical, like the pandemic and global recession, or they could be societal, such as a change in consumer attitude. When the industry undergoes rapid changes, customers and employees expect more contextualized and personalized experiences. In these demanding circumstances, businesses that are still grappling with complex service and experience challenges invariably lag behind competition. In a highly competitive, highly regulatory focused and ever-evolving industry like Financial Services, there are several dated, high-touch, manual processes. Manual systems that deliver inconsistent responses slow problem resolution, and hinder service level agreement (SLA) management, tracking, control and governance can pull your business backward. While gearing up for the future, organizations must be able to recognize the need for change and adapt dynamically — reassembling capabilities from inside and outside the enterprise. Are you equipped to deliver innovation quickly in the wake of disruptions? The current enterprise processes and business application portfolios were designed to address the challenges of the past. In the face of rapid changes, they become an obstacle to innovation. At the same time, you cannot rip and replace them due to the cost and risks involved. So, how do you transform your organization for the emerging future? According to Gartner, organizations need to evolve into... --- > Embark on a journey to discover what lies ahead to build the backbone of autonomous enterprises. Get valuable insights on the JIFFY.ai blog. - Published: 2024-03-09 - Modified: 2025-05-07 - URL: http://172.26.4.72/whats-next-in-the-journey-to-build-the-backbone-that-powers-autonomous-enterprises/ Automation-driven autonomy is here and it’s real. Are you ready for it? We embarked on materializing the concept of an integrated intelligent automation platform for enterprises back in 2019. The journey so far has been nothing short of a thriller. Today we have passed another significant milestone in this amazing journey. We secured Series B funding from investors including Eight Roads Ventures, Iron Pillar, R-squared, Nexus Venture Partners, Reaction Capital and Rebright Partners. We are using this fund to further advance our intelligent automation platform to the next level. As the first step, we built the low-code intelligent automation platform and pre-packaged HyperApps that accelerated the business processes of customers from few key verticals. Global leaders in Automotive, Banking, Media, Telecom, and Travel industries have been using HyperApps built on the platform and reaping quick ROI benefits. AI-driven decision making Let us imagine that a Financial Advisor is seeking an appropriate product for their client. The automated front-office technology powered by JIFFY. ai uses AI to suggest a product, and enables the Financial Advisor to satisfy the client’s need. All relevant data will be captured and shared with the mid and back-office systems real-time. Earlier, effecting such changes on the legacy infrastructure would claim six to nine months of large enterprise IT teams, by which time the consumers would start clamoring for fresh product features or service bundles. Over the last 18 months, we have cut short the window to deliver a custom HyperApp for new business processes. We build... --- - Published: 2023-10-20 - Modified: 2023-10-25 - URL: http://172.26.4.72/do-your-finance-systems-talk-to-each-other/ How AI-powered Autonomous Finance Technology Helps Connect the CFO’s Office and Ensures Finance Transformation Strengthening and energizing your business model requires a lot more than refining supply channels. Modernizing and streamlining the Financial value chain operating through the CFO’s)Office is just as essential. If the CFO does not participate in an ongoing integration project, they lose an excellent opportunity to shape how those integrations will impact work.   Research shows that 1 in 3 Financial leaders prioritize having an integrated, single source of data as the biggest change they expect from digital transformation. Autonomous Finance technology takes you closer to the goal of Finance transformation with an integration-first approach, among other benefits.   RPA Alone Is Not Enough When companies adopt traditional robotic process automation (RPA) for Accounting and Finance, a lack of integration within the CFO’s Office is a common challenge. Initiatives to modernize Procure-to-Pay (P2P), Order-to-Cash (O2C), and Record-to-Report (R2R)— three key financial processes—can quickly fall through the gaps when Marketing and Sales teams – and not the CFO’s office – drive almost every aspect of digital transformation.   Other departments simply "leave it to the CFO," assuming that the CFO’s Office possesses the inherent expertise to drive automation, integration, transformation and other initiatives. The problem with this approach is that while everything else is being digitally transformed and optimized, Financial integration within the CFO’s Office is often left behind.   According to a recent study, CFOs are eager to embrace the digitization of nearly every Finance &... --- > Intelligent automation aided by AI and cognitive technologies can help financial services institutions accelerate processing time and reduce the number of errors in complex processes while improving customer experience at every touchpoint. - Published: 2023-10-18 - Modified: 2025-05-07 - URL: http://172.26.4.72/where-should-you-start-your-intelligent-automation-journey-here-are-5-high-impact-areas-for-financial-services-firms-to-consider/ As a highly customer-oriented industry, banking, financial services, and insurance (BFSI) has always been a prime candidate for digital transformation. COVID-19 catalyzed the adoption of digital technologies in this otherwise conservative sector, says Deloitte in their 2021 banking and capital markets outlook. Moving away from in-person interactions created challenges, forward-thinking financial services firms viewed those challenges as opportunities to create better experiences through automation. To fully realize the digital promise, BFSI firms can use a variety of levers to elevate process efficiency and customer engagement. These can include creating an optimal mix of digital and human interactions, using data intelligently to better shape experiences, and incorporating artificial intelligence (AI)-based solutions to automate processes and free up capacity to focus on strategic activities. Intelligent automation aided by AI and cognitive technologies can help to accelerate processing time and reduce the number of errors in complex processes end-to-end, removing the sector’s reliance on legacy methods like spreadsheets to get jobs done. This is a massive opportunity! According to McKinsey, AI could deliver up to $1 trillion in additional value for the banking sector. Where to start using intelligent automation? Even with all the digital transformation it underwent, the BFSI industry is poised to take further advantage of the technologies that can expand its field of vision and open even more opportunities, including intelligent automation. Though the first wave of automation improved some financial service providers’ basic functions by employing robotic process automation (RPA) for repetitive tasks, there are many organizations that are... --- - Published: 2023-08-04 - Modified: 2023-09-18 - URL: http://172.26.4.72/overcoming-ocr-errors-and-limitations-with-intelligent-document-processing/ Optical Character Recognition (OCR) technology became popular in the early 1990s during the digitization of historical newspapers. Before that, the only option to digitally format documents and extract data from them was to manually retype the text. This was a tedious, time-consuming, and error-prone process. OCR came in to replace manual document processing and is now most used to convert hard copy documents into an editable format. What is Optical Character Recognition (OCR)? OCR technology is used to automate data extraction from printed or written text from a scanned document or image file, and then convert the text into a machine-readable form to be used for downstream data processing like editing or enabling search capabilities. For example, when you scan a form or receipt, your handheld device or computer saves the scan as an image file. Suppose you need to edit, search, or count the words in the image file—you cannot use a text editor to do that. However, you can use OCR technology to convert the image into a text document with its contents stored as text data. In fact, OCR systems are made up of a combination of hardware and software that is used to convert physical documents into machine-readable text. The hardware includes an optical scanner or specialized circuit board that is used to copy or read text, while the software manages advanced processing. Why does OCR fail? Today, OCR technology has undergone several improvements and can deliver fairly accurate output. Many businesses depend on solutions built... --- - Published: 2023-02-18 - Modified: 2025-05-07 - URL: http://172.26.4.72/the-evolution-of-automation-from-mundane-tasks-to-enhancing-human-innovation/ With COVID-19 causing risks to human health and disruption to our way of life in general, especially the way we work, companies have been forced to pursue alternate ways of making progress. Many of them are striving to use intelligent automation and AI to innovate their way forward while working safely from home. This shift does not mean that we do not value human work, or the role people play in the enterprise. Think about the agricultural revolution. In the 18th century, people transitioned from hard laboring stationary farming to original inventions that altered the farming process. The new patterns of crop rotation and livestock utilization paved the way for better crop yields and the ability to support more animals. It was an opportunity to produce more, not a judgment of the reduced value of human work. These agricultural changes impacted societies as there was a decline in both the intensity of the work and the number of farming laborers needed. Nevertheless, the positive effects of this disruption gave life to new technologies and opportunities as people migrated to the city to work in industrial jobs. As humans, it’s in our nature to innovate and create new solutions that become paramount to organizations and the people that work within them. We believe that as intelligent automation, Artificial Intelligence, and Machine Learning continue to evolve, we have an opportunity to harness this energy of innovation in a whole new way. Our mission is to enable organizations to cross the human machine... --- > Automating repetitive business processes frees up employees for tasks that are less mundane and more valuable than those that can be completed by software. New form of automation like machine learning and artificial intelligence can be used to complete higher order work. These solutions learn over time, so they can more quickly and effectively work through large amounts of data and support internal decision-making. - Published: 2023-02-04 - Modified: 2025-05-07 - URL: http://172.26.4.72/benefits-of-automation-in-the-workplace/ Automation in the workplace has seen a sharp rise in the last two years. According to Gartner, global revenues from automation software will reach $1. 89 billion in 2021, up by 19. 5% since 2020, and this double-digit growth rate is expected to continue through 2024. This is due to several key benefits of automation such as error reduction, improved productivity, cost savings, and reduced risk. Yet, if implemented haphazardly, workplace automation could end in significant sunk costs and companies could struggle to scale beyond the first few pilots. Studies by McKinsey found that just 15% of companies were able to set up a comprehensive and scalable automation program in 2020. In other words, despite the clear benefits of automation in the workplace, companies must look beyond the traditional siloed approach and adopt an integrated platform model to achieve their evolving growth needs. To understand this further, let us explore the meaning of process automation in more detail. What is Process Automation? Process automation can be defined as a collection of technologies that help to remove or reduce the manual efforts needed in front, middle, and back-office tasks to unlock efficiency gains. The more sophisticated your process automation is, the more complex tasks it can optimize. For example, a highly advanced intelligent automation solution like JIFFY. ai can reduce thousands of person-hours spent on manually processing invoices, while learning and adapting to various invoice templates, rules, supplier types, and other exceptions. Typically, process automation uses cognitive technologies like artificial intelligence... --- - Published: 2022-10-25 - Modified: 2025-05-07 - URL: http://172.26.4.72/why-rpa-automation-bots-in-o2c-and-r2r-financial-processes-are-falling-short/ CFOs have a strong focus on managing working capital, knowing well that their cash is tied up in Accounts Receivables and the Order-to-Cash process. Releasing cash from inefficient Order-to-Cash (O2C) procedures is a priority for them, so they can reduce debt, invest in product development, or support strategic initiatives. Record-to-Report (R2R) is an equally crucial process in an organization’s financial value chain. In fact, R2R plays several critical roles in the success of the business—from demonstrating compliance to providing the executive leadership with the data and insights needed for making smarter business decisions. For truly efficient, error-free and straight-through O2C and R2R processing, F&A teams need hyper-automated solutions that provide delightful front-end experiences to users and vendors, and completely “autonomous” middle and back ends that are integrated closely with other third-party systems in the ecosystem. Evaluating the As-Is State of Legacy O2C and R2R Processes While the pandemic emphasized the importance of cash management, CFOs had already faced similar challenges during both large-scale crises and smaller-scale issues. A recent survey revealed that 75% of CFOs plan to increase capital spending on their F&A teams with a focus on increased technology spend and use over the next few months. Companies have been pursuing automation and integration of the O2C and R2R processes for a while now, aiming for increased efficiency and reduced errors, resulting in improved Days Sales Outstanding (DSO), Accounts Receivable (AR) turnover, and end-to-end financial data visibility. Progress has been made by automating specific tasks. However, the limitations of... --- > Explore the world of Intelligent Document Processing (IDP) and how it transforms document handling. Learn more about IDP on the JIFFY.ai blog. Discover the power of automation. - Published: 2022-06-02 - Modified: 2023-09-18 - URL: http://172.26.4.72/what-is-intelligent-document-processing/ How can you guide your organization through digital transformation when approximately 80% of business data still exists in unstructured forms such as emails, images, and PDFs? Yes, you need a tool to quickly digitize all these documents with minimal manual effort. Intelligent document processing enables this and helps you automate document-related business processes at scale. Here’s how. Intelligent document processing (IDP) is defined as a set of tools powered by Artificial Intelligence (AI), Machine Learning (ML), Optical Character Reading (OCR) and other technologies that can convert unstructured, semi-structured, and structured documents into machine-readable data, which is the foundation of business process automation. Industries and enterprise functions that rely heavily on documents, such as banks, schools, healthcare institutions, HR and Finance & Accounting can save tremendous amounts of time, effort, and investment using IDP. IDP’s key benefits include: Thousands of work hours saved per employee per year Reduced error rates Reduced operational and human resources costs Faster document processing at scale Standardization of processes over time Happier employees, as they focus more on value-generating tasks For instance, one of our clients, a leading automobile manufacturer, was able to achieve 85% straight through processing over a 12-week period across a volume of 150,000 invoices per month for 5,000 suppliers using our invoice processing HyperApp. The HyperApp that has built-in intelligent document processing capabilities helped their AP team to cut the time needed to process one invoice from 24 hours to just 3 minutes. The solution helped automate 90% of their invoice processing.... --- > Automated invoice processing can considerably improve the Accounts Payable (AP) team’s efficiency and save costs. Read the blog to know more about how you can utilize your resources. - Published: 2022-04-02 - Modified: 2023-09-18 - URL: http://172.26.4.72/the-benefits-of-automated-invoice-processing/ Today, CFOs and Finance & Accounting (F&A) leaders are uniquely qualified and empowered to drive changes in how their companies experiment with new technologies, and execute transformation. If you’re transforming the F&A function, you probably already know Accounts Payable (AP) can be a valuable area to help drive your organization’s growth. Typically, the invoice processing workflow of an AP function involves iterative tasks and template-based document management, which makes it a prime candidate for automation. Based on our continuous engagements with clients who are innovators in their own industries, we know that automated invoice processing can improve the AP team’s efficiency by 85% and reduce the time-to-process one invoice from around 24 hours to just three minutes. Yet, just 5% of organizations use a fully automated AP approach, and over one-third are still limited to paper invoices. It is vital to understand the benefits of automated invoice processing and leverage middle office automation better – so you can eliminate inefficiency, save costs, and utilize your precious human resources for strategic and innovative activities. What is Automated Invoice Processing? Automated invoice processing can be defined as a technology-enabled invoice processing workflow where different types of invoices can be submitted by suppliers electronically, data can be extracted, invoices can be approved, and payments can be disbursed with minimal intervention from human AP teams. It uses technologies like machine learning (ML) for invoice recognition, optical character recognition (OCR) for data conversion into a structured format, and a human-in-the-loop approach to seamlessly handle exceptions.... --- > Explore the 7 key checkpoints you need to consider before embarking on your process automation project. Get expert insights on the JIFFY.ai blog. - Published: 2022-03-16 - Modified: 2023-09-18 - URL: http://172.26.4.72/7-key-checkpoints-to-consider-before-starting-your-process-automation-project/ One of the biggest reasons why businesses put off automation is that it can seem overwhelming in scope. Back in 2020, business process automation was estimated to be a $2. 53 billion market, but it was given a big thrust by the COVID-19 pandemic. According to Deloitte analysts, two-thirds of business leaders used automation to respond to the impact of the pandemic this year, and adoption numbers were up by 15% from the last year. Clearly, if you were planning to embark on that ambitious enterprise automation project, the best time to begin is “right now”. But before that you might need a solid checklist to identify which processes to target first, and where to begin. Tackling enterprise automation one step at a time It is a common misconception that enterprises exist either as a fully manual-effort-reliant or as 100% automated. In reality, automating entire process monoliths is a complicated task; rather breaking workflows down into manageable micro-services and automating them is a smarter approach. This way, you can extract component tasks that are of varying degrees of frequency and variability. High frequency, low variability tasks are the prime candidates for automation. They require immediate automation attention so you can avoid losing out any more on efficiency gains. Low frequency, low variability tasks are also very automation-ready – but they might require more time to yield ROI that you should showcase, or they may not even need automation if you already have them running smooth with the help of your... --- > Achieve 85% straight-through invoice processing automation. Reduce manual intervention, errors, and turnaround times by using artificial intelligence and machine learning to automate your complex accounts payable processes. Deliver that cash flow predictability by automating every step of invoice processing so you can focus on growing your business – not on process gaps. - Published: 2021-10-29 - Modified: 2023-08-04 - URL: http://172.26.4.72/how-to-address-straight-through-processing-challenges-in-accounts-payable-with-intelligent-automation/ Today, the Accounts Payable (AP) team of an enterprise has a significant role to play in supporting the business —by managing supplier payments efficiently so that business isn’t interrupted. Moving beyond their traditional responsibilities, AP teams are also driving growth, optimizing working capital, and mitigating risks. Therefore, ensuring maximum efficiency in their processes has become the prime focus of every organization. One of the key hallmarks of efficiency in the AP function is the ability to leverage technology to achieve Straight Through Processing (STP) of invoices. What is Straight Through Processing? Why can’t every company achieve this? In the context of AP, straight through, or ‘touchless,’ processing is defined as an invoice being received, approved, and paid without any manual intervention. With automated STP capability, the AP team can process a vastly higher number of invoices quicker and with far lesser effort. STP brings in enormous value as it is significantly cheaper and faster than any other invoice-approval workflow process. Almost seven in ten AP teams (as many as 72%) spend up to 10 people-hours per week, or 520 hours per year on tasks that could be automated — such as invoice processing, supplier inquiries, supplier payments execution, PO matching, new supplier registration, and payment reconciliation. According to APQC, the cost of processing an invoice manually varies between $2 and $10 – and these are very conservative numbers. Though most organizations realize the need to achieve true straight through processing of invoices, many find it tough to choose the right... --- - Published: 2021-07-13 - Modified: 2023-08-04 - URL: http://172.26.4.72/re-charge-your-invoice-processing-strategy-for-2021/ As we wrap up the first half of 2021, several parts of the world are still reeling under the impact of the successive waves of the pandemic. Maintaining business continuity and building resilience for predictable growth is an imperative for businesses across the world. With industries gearing up for bullish economic weather, business leaders are leaving no stone unturned to remove all process bottlenecks that could pose hurdles in their resurgence strategies. Your Accounts Payable team plays a central role here, maintaining transactional integrity, ensuring sustainable cash flow, and powering your core business, often with limited and restricted resources. Process modernization and optimization are key priorities for Accounts Payable teams that have already embarked on this transformational journey. According to the Impact of the COVID-19 Pandemic survey by the Association for Financial Professionals (AFP), 65% of businesses will move from paper payments to electronic formats, while 38% will rewire their internal procedures. Digitization will pave the way for smarter, more efficient processes, where employees need to spend far fewer person-hours to complete routine tasks, thus unlocking savings as well as ushering in an overall culture shift. If your Accounts Payable team is already on this superfast transformation highway, here are five key takeaways for you: 1. Consolidate the digital forays of the previous year The first step towards building a futuristic invoice processing strategy should be consolidating the fragmented digital transformation initiatives undertaken last year. In 2020, businesses had to adopt remote-friendly processes and support Accounts Payable teams as they... --- > AP automation benefits can improve the efficiency of your invoice processing flow and directly affect your bottom line. Explore JIFFY.ai's resources on accounts payable automation benefits for small businesses and large corporations. - Published: 2021-06-21 - Modified: 2023-08-04 - URL: http://172.26.4.72/invoice-processing-automation-take-charge-of-surging-accounts-payable-costs/ Even with all your enterprise-level digital adoption, accounts payable can still be one of the most paper-intensive departments in your organization. The team's primary function, invoice processing, costs the company resources due to time-consuming and repetitive tasks, slow processing cycles and human-introduced errors. The longer you ignore the cost of manually processing invoices, the deeper the dents it tends to cause in your organization's bottom line. Learn how the benefits of accounts payable automation can reverse that trend. The True Cost of Your Invoice Processing Flow The U. S. Institute of Finance & Management (IOFM) suggests that the cost of processing a single invoice can be anywhere between $1 and $21. Putting this into perspective, think of a mid-sized company that has approximately 1,000 invoices to process per month. They would lose significant money through the gaps caused by process inefficiency. AP automation benefits can help to solve those inefficiencies and reduce your invoice processing costs. What Makes Invoice Processing Expensive? Wondering how best to calculate the expense of processing invoices in your organization? The simplest way is to equate it with the costs of associated human effort. Typically, a member of your accounts payable team would take at least 30 minutes to process a single invoice. Considering the average salary of an accounts payable clerk in the U. S. is $43,917 (approximately $21 per hour), processing one invoice could cost $10. 50. For the mid-sized company mentioned earlier, this would add up to more than $10,000 every month. And... --- > Discover how to meet your digital transformation goals with AI technology. Intelligent automation digital transformation has helped businesses stay afloat during the pandemic. Learn about RPA digital transformation can help your business beyond the pandemic online today at JIFFY.ai - Published: 2021-06-02 - Modified: 2023-08-04 - URL: http://172.26.4.72/beyond-the-pandemic-give-wings-to-your-digital-transformation-goals-with-intelligent-automation/ 2020 was a landmark year for digital transformation. In the face of an unprecedented global crisis, technology emerged as the key enabler for resilience for all types of businesses —small teams or multinational enterprises, consumer-oriented or B2B vendors alike. Now, as we work through the road to recovery, many face the slightly uncomfortable question: How much of this change is scalable and operationally sustainable for the long term, including in terms of ROI? The question becomes more pertinent as we look at these facts from McKinsey & Company’s recent report on the sheer pace of digital transformation last year: The digitalization of customer interactions accelerated by 3 years globally. Companies started to digitally reimagine their products/services 7 years ahead of schedule. Over 6 in 10 executives believe customer expectations have changed forever. Yet, most companies are not positioned to sustain their digital transformation projects for the long haul. Only half of them believe that the rapid surge in adoption of technology for their operations will continue after the pandemic – which could potentially stall progress or set the other half back by several years and tens of thousands of dollars of hurried sunk costs. Of course, there is always this risk when the shift is due to a black-swan moment and not organic, evolutionary change. Moving beyond the pandemic, organizations will have to take hard-won learnings about the need for flexibility and responsiveness of AI digital transformation initiatives and determine ways to build real and lasting resilience that can ensure... --- > The benefits of sustainable automation are clear, but the successful implementation of an effective automation strategy is often unclear. JIFFY.ai has a simple 7-step process for achieving sustainable automation that could help your company save time and money. Read our online resources to learn more about how sustainable automation can help you. - Published: 2021-05-17 - Modified: 2023-08-04 - URL: http://172.26.4.72/sustainable-automation-is-elusive-but-it-doesnt-have-to-be/ Globally, the automation industry has seen a sharp uptick in the last few years. Between 2018 and 2019, it grew by a whopping 63. 1%1, making it the fastest-growing category in enterprise software! If that wasn’t enough, Gartner expects RPA to be a $7 billion market by 20222. So, the (literally) billion-dollar question that needs to be asked is this: What percentage of this investment will achieve sustainable automation and the competitive advantage it produces? Sustainable automation in beginner vs. mature organizations: what leaders do differently Companies frequently rush into implementation, motivated by quick wins – but this is not a sustainable automation strategy. While initial investments might be driven by cost savings (which in itself can be valuable), a mature enterprise, or automation “leader,” will take a mid- to longer-term view, with a different set of objectives and priorities. For example, just 1% of automation leaders prioritize cost savings, compared to 8% of beginners.   In our experience, companies that answer key questions around extensibility, cost-efficient maintenance, visibility without black-boxing, and sustainable investments will be on the right track towards using automation as a driver of business transformation – making automation the gift that keeps on giving. So, how sustainable is automation when design and implementation tick all of these essential boxes? Making efficiency and scale intersect for a sustainable roadmap It all begins with re-envisioning the automation lifecycle for economic maintenance, going beyond the simple design-build-deploy structure. We find a more holistic, 7-step approach to attaining sustainable automation,... --- > Find a solution to common challenges in invoice processing with JIFFY.ai. Processing invoices can come with several challenges that can be answered with our accounts payable solution, HyperApp. Learn more about our solution for all of your accounts payable challenges online at JIFFY.ai. - Published: 2021-05-08 - Modified: 2023-08-04 - URL: http://172.26.4.72/is-the-hyperapp-your-answer-to-these-seven-invoice-processing-challenges/ In an ideal world, invoice processing would look like this:  But this is rarely the case. Straight-through-processing or STP of invoices remains out of reach for most businesses, despite advancements in automation over the last decade. Legacy processes, complex workflows, and a chronic lack of agility are commonplace for Account Processing (AP) teams, leading to seven accounts payable challenges:  High manual dependency - Research reveals that 51% of companies use manual efforts for something as simple as data entry. You could be losing out on thousands of dollars in efficiency gains, not to mention added efforts in correcting the 3. 6% error rate. Convoluted routes for invoice approval - As 37% of companies still route their invoices manually, unexpected delays prevent timely payments to vendors. In drastic scenarios, the invoice could hit a brick wall and require a fresh billing cycle from scratch.   Mounting liabilities - In the face of delayed approvals and manual errors, invoices could sit unactioned for months. This is a challenge for 27% of companies, leading to accumulated liabilities over time, mounting pressure at EOM/EOQ, and the risk of non-compliance.   Difficulties in handling exceptions - The cause for an exception could range from incorrect price, quantity, or volume, to missing taxation details, PO number, or other information. They derail invoices from a straightforward path, requiring even more manual interventions.   Failure to gain from timebound discounts - A business might negotiate more favorable terms and discounted rates if invoices are processed on time. Unfortunately,... --- - Published: 2021-04-05 - Modified: 2023-08-04 - URL: http://172.26.4.72/the-importance-of-service-and-support-in-process-automation/ Implementing and managing an intelligent automation platform, which includes Machine Learning and Robotic Process Automation (RPA) powered by Artificial Intelligence (AI), can be a complex endeavor, depending on where an organization is in their automation journey. Customers prefer vendors that offer strong service and support enabled by help desk AI technology, especially early in the process. It can make a big difference in the outcomes of a complete, end-to-end business process automation project. Here, JIFFY. ai AUTOMATE users on IT Central Station discuss the importance of support, as well as their use cases and the benefits they’ve seen with the technology. Process automation use cases IT Central Station members are finding a variety of uses for JIFFY. ai AUTOMATE in process automation. For example, John G. , a VP Engineering at a computer software company, uses the tool in production for driving a Windows application. It extracts content from the Windows app, using JIFFY. ai’s OCR features in the process, and submits images into the application. The actual images are being extracted and returned to them as a document. For Johnson M. , a National Professional Officer at an international affairs institute with more than 5,000 employees, JIFFY. ai AUTOMATE is primarily used for processing documents in procurement and payroll. In one case, the tool creates an attestation letter for Human Resources (HR) for people who are leaving the organization. An IT Manager at a smaller tech services company has two use cases: Bank conflation and a Wage Protection System... --- > Learn about the benefits of cognitive procurement and the role of robotic process automation in procurement. RPA can reduce procurement costs, boost ROI and cut your number of strategic suppliers. Find out what you need to know about cognitive procurement after the pandemic now at JIFFY.ai. - Published: 2021-04-03 - Modified: 2023-08-04 - URL: http://172.26.4.72/procurement-in-the-post-pandemic-world/ How to build efficiency using intelligent automation and cognitive procurement When we think of robotic process automation (RPA) in procurement, we know that adoption is rising. Many businesses already use RPA in their value chain. For those businesses that aren't, it is a matter of "when" and not "if" they will use RPA. In a domain as complex as procurement, robotic process automation ensures that most tasks and processes are automated at a fraction of the cost of adding headcount/resources or deploying new teams. Another benefit of procurement automation is the ability to work around the clock, which significantly reduces dependence on human resources. The true value of RPA is the ability to repeat complex tasks and follow decision trees effectively. As machine learning, cognitive processing and natural language processing gain traction and advance at an accelerated pace, it is only natural to integrate these systems with RPA to deliver a more effective solution across the value chain. Let's dive deeper into why machine learning, cognitive processing, natural language processing, analytics and RPA must go hand-in-hand. We'll also discuss how learning algorithms coupled with RPA's execution capabilities are the future of full automation — especially after the pandemic. What is Cognitive Procurement? In the field of supply chain automation, cognitive procurement refers to the process of using automation with machine learning, analytics, and other cutting-edge technologies to help automate further, faster, and more efficiently. Procurement as a process is characterized by large amounts of unstructured data, which may be impossible... --- > Office automation systems not only eliminate paperwork but also provide other significant benefits. Learn about the types of office automation systems & software and how they improve efficiency at JIFFY.ai. - Published: 2021-03-28 - Modified: 2023-08-04 - URL: http://172.26.4.72/how-office-automation-systems-improve-efficiency/ Mention office automation systems, and people immediately think of eliminating paperwork. While that is one result of implementing office automation software, it's far from the only benefit. Read on to learn about the different types of office automation systems and how automating office tasks can boost efficiency. Types of Office Automation Systems Office automation can be achieved through various systems, most of which offer a less-than-perfect solution. Here are three types of office automation systems. OCR Optical character recognition, better known as OCR, can recognize text in scanned documents and images and provide that information in an accessible electronic format. A significant drawback with OCR as an office automation system is that it introduces numerous errors as it scrapes documents for information. Staff then need to take hours or even days to track down the details and correct the errors. RPA Robotic process automation (RPA) utilizes technology managed by business logic and structured inputs. The rules that govern RPA bots are so inflexible that any change to the data transposition, user interface or APIs can require additional configurations, which cost time and money. AI/ML When used for office automation, artificial intelligence (AI) and machine learning (ML) employ flexible rules to identify and gather the necessary information and complete the appropriate business processes. JIFFY. ai's Automate is an example of an office automation solution that puts AI and ML to good use, giving companies the agility to create the software they need quickly and easily. The Role of Office Automation Systems... --- - Published: 2021-03-20 - Modified: 2023-08-04 - URL: http://172.26.4.72/losing-more-than-money-the-cost-of-payment-errors/ Does your enterprise deal with an army of suppliers regularly? Is significant team effort spent on reviewing and sorting a multitude of invoices, but you still end up with late or erroneous payments? Time to take a look at how JIFFY. ai’s Automated Invoice Processing HyperApp can help you save more by making the right payments at the right time. The Hassles of Manual Invoice Processing Any manual process is by its nature more tedious and error-prone than an automated solution. The incremental issues that arise when invoice payments are delayed or inaccurate can lead to severe issues in partner relationships and even break the supply chain. Manual processing is costly and drawn-out and often fraught with a lot of duplicate and erroneous entries. The enterprise is left dealing with collateral damage in many ways: Strain in supplier relationships and a threat to company reputation Loss of purchase discounts in the invoice payment process Inclusion of late penalties, increasing the costs Rework to correct the errors adds to the processing time and costs more to the company Erroneous invoices may take weeks to straighten out with the suppliers and hamper the end-of-month closure of accounts Need Of The Hour – An Intelligent Invoice Processing System implemented through Accounts Payable Automation According to AQPC’s Open Standards Benchmarking Accounts Payable 2020 survey, on average top-performing companies report that nearly 0. 8% of their annual disbursements are duplicate or erroneous. On the other hand, bottom performers report more than twice the amount, at... --- > Learn about how accounting process automation can completely transform your business with touchless invoice processing. Stop the manual processes with invoice data capture capabilities from JIFFY.ai. Learn more about automatic invoice processing here! - Published: 2021-03-08 - Modified: 2023-08-04 - URL: http://172.26.4.72/hands-off-invoice-processing-should-be-touchless/ Is your business treating invoice processing as an unavoidable cost of doing business (pun intended! )? You don’t have to when you use accounting process automation! When seemingly mundane activities are not optimized using intelligent invoice processing automation, you could be leaking significant dollars without even realizing it. Interestingly, it is such tasks that can be transformed to be not only effortless but also provide deep insights into your fund management. Any opportunity to improve business processes and create bandwidth for other critical activities – especially during the current economic conditions – is valuable and worth pursuing. Manual effort spent on repetitive administrative tasks like managing invoices results in a significant waste of time, effort and money. Studies show that Accounts Payable automation software can reduce invoice processing costs by 90 percent. 1 It is common for large enterprises to interact with thousands of vendors and pay thousands of invoices per year. Most organizations still require a great deal of manual intervention to manage various aspects of invoice processing even after implementing RPA to automate the process. How Do Businesses Currently Capture Invoice Data? Large enterprises receive thousands of invoices every month from numerous vendors, each in a different format. Many suppliers still present their invoices via paper or as a PDF attachment in an email. These delivery methods require a great deal of manual processing, including scanning, data verification, and exception management. The goal of every organization is to get to a point where their Accounts Payable teams can... --- > Discover how to lower TCO for accounts payable automation technology with HyperApps from JIFFY.ai. Whether you have automation invoice processing software or are looking to implement a new solution, it's essential to know the costs of choosing a vendor. Learn more about invoice processing costs at JIFFY.ai. - Published: 2021-03-03 - Modified: 2023-08-04 - URL: http://172.26.4.72/understanding-total-cost-of-ownership-in-invoice-processing-automation/ Whether you’ve already implemented accounts payable automation technology in your enterprise or you’ve not yet implemented a solution, it’s important to understand exactly what you’re buying – and what you’re NOT buying – when you choose a vendor.   There are quite a few automated invoice processing solutions in the market that with varying levels of automation sophistication can facilitate the elimination of human errors, increase efficiency, and reduce costs. Choosing the right vendor is critical to your company’s ability to manage cash flow and properly process invoices and payments. But when choosing an automated invoice processing software, the question is not whether these vendors can do what they claim. The real questions to ask are: How much does the comprehensive solution for AP automation cost and, once you sign on, are all the necessary elements bundled in a single, transparent price tag? Will the solution be flexible and efficient in the long run? And will it require many external resources to manage it well into the future? “Real” Total Invoicing Processing Costs for Accounts Payable Automation We’ve put together some guidelines that can help you to select the right innovative automation solution while delivering a low Total Cost of Ownership (TCO). Here are some things to consider before selecting an accounts payable automation technology solution for invoice processing: Does the solution provide a unified platform that supports your end-to-end invoicing process at every step? Can the solution be easily implemented and adapt to your existing technology infrastructure? Is the solution... --- - Published: 2021-02-23 - Modified: 2023-08-04 - URL: http://172.26.4.72/why-jiffy-ai-is-a-leader-in-the-zinnov-zones-breakout-zone/ JIFFY. ai—a company that officially launched less than a year ago—is already a top-scoring disruptor in the Hyper Intelligent Automation (HIA) Breakout Zone, according to global management consulting and strategic advisory firm, Zinnov. Zinnov regularly performs a comprehensive assessment of Hyper Intelligent Automation platforms as part of Zinnov Zones, an industry-leading annual rating of global technology service providers of cutting-edge technologies. For its 2021 report, Zinnov evaluated over 70 companies, including JIFFY. ai. Zinnov closely examined JIFFY. ai technology for its technical prowess and scalability across multiple categories, including HIA, Use Case Discovery, Intelligent Document Processing, IT Automation, Intelligent Virtual Agent, F&A Automation, Customer Success Automation, and Talent Management Automation. JIFFY. ai came out top-ranked in the Breakout Zone because our AI and ML-based platforms bring high-performance automation solutions to companies worldwide. JIFFY. ai has come far in a short amount of time because we were founded to do things differently. We’re a newcomer in the marketplace, driven to disrupt the terrain of business automation with new ideas. How HyperApps Leapfrog Other Automation Tech The JIFFY. ai HyperApp approach leapfrogs past automation solutions such as RPA and SaaS-based point solutions for Business Process Management. (For a detailed rundown on how HyperApps excel in areas where RPA, SaaS-based point solutions, and hyperautomation don’t—read our post, From RPA to Hyperautomation to HyperApps: Level Up Automation Deployments in 2021. ) Zinnov looked at us closely and put JIFFY. ai at the top of its Breakout Zone because our unique approach allows businesses to... --- - Published: 2021-02-11 - Modified: 2023-08-04 - URL: http://172.26.4.72/how-does-robotic-process-automation-work/ Robotic process automation is a crucial technology for digital transformation. According to Deloitte, 72% of companies would have already begun their RPA journeys by the end of last year. Within the next three years, RPA will become near-universal due to its beneficial impacts – cost and effort reduction, simplification of processes, scalability, and a better work experience. To understand how you could achieve these benefits, let us explore the concept of robotic process automation in detail. What is Robotic Process Automation (RPA)? Robotic process automation is a technology that eliminates manual processes by using software robots (i. e. , bots) to perform the job, configuring bots in a manner that they can detect, respond to and act on events occurring across the enterprise. RPA has several component technologies that allow it to emulate human labor: Automation scripts - These scripts define the workflow that the bot will follow. Application programming interfaces (APIs) - RPA uses APIs to connect with various enterprise systems and fetch data. APIs make it possible to detect events in different systems. Sensors and triggers - These are the data sources that inform an RPA bot whenever an action is needed. Typically, sensors reside in enterprise systems like CRM or ERP, and communicate with RPA via APIs. Bots - Software bots are programs that use automation scripts and APIs to detect an event and automatically perform a workflow. Graphical user interface (GUI) - This is an optional component that allows business users to configure the bot without... --- - Published: 2021-02-11 - Modified: 2023-08-04 - URL: http://172.26.4.72/what-is-a-digital-automation-platform/ What is automation in a modern enterprise environment? In a nutshell, automation can be defined as a collection of technologies (bots, business rules, sensors, programming scripts, etc. ) that can complete a task with little to no human intervention. Investment in automation has increased in response to the pandemic, and digital automation platforms have proved to help organizations get more ROI, faster. Deloitte’s 2020-2021 survey found that 68% of business leaders leveraged automation to respond to COVID-19 impacts. 1 in 3 have accelerated their cloud-hosted automation spends, which indicates a growing demand for digital automation platforms hosted on the cloud. So, what is a digital automation platform? A digital automation platform refers to a software application that lets you automate iterative processes like employee onboarding, documents management, and invoice processing through the use of digital tools, cognitive technologies like AI, and integrations with existing enterprise systems. This is a significant departure from traditional robotic process automation (RPA) which is more siloed and targets only standalone jobs or tasks in an enterprise. To understand this further, let us look at the defining traits of a digital automation platform. Key Features of a Digital Automation Platform A platform, by definition, is a foundational technology that acts as a base to integrate additional systems, extend processes, and drive interoperability so you can connect your enterprise seamlessly. A digital automation platform lets you deploy enterprise automation in a turnkey yet extensible manner. Its key features include: Extensibility - The platform integrates with your existing... --- - Published: 2021-02-07 - Modified: 2023-08-04 - URL: http://172.26.4.72/advantages-of-web-based-rpa/ Almost all business today is being conducted on web-based systems. Collection and collation of data are done on the cloud, form filling, data extractions, website testing and a large number of other repetitive tasks have all become web-based. Most businesses have started moving virtually all their operations on to the cloud in search of greater efficiency at a lower cost. Organizations are increasingly finding that most infrastructure, software, and processes are now only being offered on web-based platforms. Now, with the emergence of Robotic Process Automation (RPA) as one of the key drivers of efficiency, the cloud and RPA have become closely linked. Technologies like the cloud and the Internet of Things are helping businesses and individuals become more interconnected. Being able to send, analyze, and interpret data on the go is one of the key drivers of IoT, and the cloud helps facilitate this. With RPA, all of these tasks can be more efficient. Web-based RPA has changed the way people think of robotics. The strategies used have to be changed to adapt to the cloud. By using a web-based RPA, customers can see quicker results from using robotic automation. RPA on Cloud– Quicker, more convenient solutions Developing on-site RPA solutions for businesses can be cumbersome and time-consuming. This is why automation companies are making a move towards pre-built, customizable cloud-based RPA solutions, where a network segment has already been built into the cloud. This way, a client can start using the bots as soon as they start using... --- - Published: 2021-02-07 - Modified: 2023-08-04 - URL: http://172.26.4.72/how-businesses-can-shift-into-life-beyond-covid19/ As we navigate a time different from the one we would have liked or wanted, we’re bringing to you a series of blogs, writeups, and LinkedIn resources that we call New Now.  In today’s New Now blog, we talk about how businesses can begin to recover and mitigate some of the significant disruption with help from automation. One McKinsey & Company report suggested, well before the pandemic, that over 30% of manual jobs currently could be automated by 2030. The same report also says that this change could actually bring in more jobs into the economy and that people would need to skill themselves accordingly. But automation isn’t just a good-to-have feature anymore. For their own well-being and those of the people around them, companies and individuals alike will actively look to automate as many processes as possible, thus reducing the need for manual intervention and the close calls that might involve. We also need to bear in mind that as all-consuming as it seems right now, the pandemic in its current state will change and subside. What this radical shift really does for businesses is it helps them see what costs they can cut, and where they can better utilize their workforces. For the fiscal quarters that follow, many industries will continue to focus only on the costs they can cut. Three main solutions can help, and the use of technology and automation can make these processes faster and easier. 1. Analytics for real-time information: Everyone in the retail industry is feeling the... --- - Published: 2021-02-02 - Modified: 2023-08-04 - URL: http://172.26.4.72/is-partial-automation-hindering-your-success/ Have you ever said, “Let’s start small and then build it up based on how it goes,”? You sure have. So have most of us. In our world, this is typically how all automation begins. During the initial days of robotic process automation (RPA), organizations were mostly skeptical. They saw potential but were unsure of real impact. So, they tried it out for small non-critical functions — they wanted to minimize risks. Understandably. Say, the finance department would automate one task in the Accounts Payable first such as reading data from a file and transferring that to the ERP system. However, other aspects of the Accounts Payable process would continue to remain manual. Also, understandable. This is what is called partial automation — quite literally, automating just a part of something much bigger. But why would anyone do that? In fact, there are plenty of reasons for handling automation this way. For one, the earliest automation systems could only automate basic screen capture – in other words, anything that couldn’t be seen on a screen would break the process and need manual intervention. Some of them are financial — end-to-end automation is more expensive and incurs higher opportunity costs to run business-as-usual in the interim because every sub-task would need investment in a bot. Partial automation, on the other hand, was cheaper. Organizations could pick a few bots for shorter processes and pay-as-they-go. This also helped them understand the effectiveness of automating and calculate ROI in the longer term. Some... --- - Published: 2021-01-26 - Modified: 2023-08-04 - URL: http://172.26.4.72/improve-design-and-development-team-efficiency-document-react-components-using-storybook-typescript-and-ci-cd-pipeline/ One common problem every new developer to a team experiences is the difficulty in knowing whether components already exist or if new ones are needed. Creating reusable components that are well documented with a clear API not only helps avoid duplicating code across the application but has several other benefits. Your reusable components represent your palette of ready-to-use pieces that you can share instantly with your team. Creating simple and easy components that accept clear props and are decoupled from the data is the best way to share a library of generic and reusable components across your team of developers and designers. We’re sharing some best practices our team adopted to make our applications robust and effective. Creating a React Storybook – A Powerful and Effective Tool to Share Your Components A style guide is a solution for all your design woes. It is the visual collection of every single component that will be used across an app. And it is an integral, useful tool that lets you easily exchange information with team members who have differential skills, while keeping the style consistent as the number of components increases. The advantages of using a React Storybook: React makes it simpler to create reusable components but tools like React Storybook help build a visual library from the code of the components themselves.   React Storybook isolates single components so that you can render them without running the entire app, perfect for both development and testing.   It also lets you write... --- > When it comes to robotic process automation (RPA), alone it does not have the ability to completely automate processes. HyperApps from JIFFY.ai incorporate RPA, ML, and AI to level up your automation processes. Learn more at JIFFY.ai. - Published: 2021-01-12 - Modified: 2023-08-04 - URL: http://172.26.4.72/and-then-there-were-hyperapps-next-leap-in-your-automation-journey-and-why-point-solutions-dont-cut-it/ There are now increasingly mixed feelings about business process automation, and rightly so. While initially benefits lived up to the early hype (implementations achieve 30% to 200% ROI in the short term, reports McKinsey), mature projects are more disillusioned and typically run into a slew of challenges, particularly scaling. As automation comes of age, traditional approaches like robotic process automation (RPA) or point solutions software for Business Process Management run into roadblocks around scalability, adaptability, and ease of use. The number of companies scaling RPA is growing at snail’s pace, found Deloitte, with just 4% of companies successfully moving into implementations involving 50+ bots 1. According to another report by IDG and Appian, automation was only “somewhat effective” (at best) for 65% of business users. 2 As your company gears up for a speedy recovery post-COVID-19 – taking advantage of a bullish market – can you afford to be held back by stumbling automation projects? What is RPA? Robotic process automation (RPA) uses technology governed by business logic and structured inputs to perform high-volume repetitive tasks in enterprise productivity applications. Using RPA tools, you can configure software, or a “bot” (robot), to process a transaction, manipulate data, trigger responses and communicate with other digital systems. By combining APIs and user interface (UI) interactions, RPA bots can emulate human processes and complete autonomous execution of various business activities. How to Move Beyond RPA Technology: Is Hyper Automation the Answer? Over the last few years, RPA has emerged as almost an industry... --- > Level up your hyper automation processes with the JIFFY.ai automation platform. From RPA to hyper automation to HyperApps, your hyper automation journey is about to transform your business. Learn more about Hyper Automation at JIFFy.ai. - Published: 2021-01-12 - Modified: 2023-08-04 - URL: http://172.26.4.72/from-rpa-to-hyperautomation-to-hyperapps-level-up-automation-deployments-in-2021/ In the early days of automation, robotic process automation or RPA brought the promise of radical transformation and improvement. Organizations could automate mundane, repetitive tasks, potentially giving back thousands of work hours to the business and reducing FTE efforts. Hyper automation will eventually transform traditional automation capabilities into impactful automated processes. The original types of automations were not integrated or even necessarily connected to automate end-to-end tasks or processes – leading to fragmentation. A decentralized approach and focus on “a bot per user” have increased technical debt for enterprises, putting true digital transformation out of reach. Over time, enterprises cobbled together disparate automation technologies to protect their original investments in RPA and were forced to assume the risks involved in integrating them. What is Hyper Automation? Gartner coined the term “hyper automation” to define this integration of technologies, encompassing RPA, machine learning, artificial intelligence, and these technologies’ growing sophistication. Despite RPA’s massive market share, it was fast becoming apparent that RPA alone could not keep pace with today’s digital transformation requirements, necessitating hyper automation – but this had its own share of issues. Organizations choosing to automate via RPA as well as those venturing into hyper automation report a significant trade-off in terms of growing complexity, mounting technical debt, and a snowballing total cost of ownership (TCO) – which does not make sense in the long-term. As we enter a new era in digital transformation, it is time to revisit our automation approaches and level up. Traditional RPA is more... --- - Published: 2020-12-01 - Modified: 2023-08-04 - URL: http://172.26.4.72/celebrating-the-big-and-little-things-that-make-jiffy-ai-a-great-workplace/ Great people make great workplaces, and great workplaces make amazing products. December is typically a reflective time of year for most people and this year is – by far – no exception. Indeed, the pandemic and our response to it gives us further reasons to reflect, offer thanks, and look forward with hope. This year, JIFFY. ai announced our Series A funding, received incredibly positive client reviews, and most importantly, managed to create real success stories for several clients reeling from the pandemic’s impact.   As I write this article, we’re also very excited to be finishing off the year on such a positive note because our workplace has been voted as one of the best, most trustworthy workplaces in the Great Place to Work Survey 2020.   Every year, more than 10,000 organizations from over 60 countries partner with Great Place to Work® Institute for assessment, benchmarking and planning actions to strengthen their workplace culture. Great Place to Work® Institute’s methodology is recognized as rigorous and objective and is considered as the gold standard for defining great workplaces across business, academia and government organizations. Specifically, the metrics around the pride we take in what we do and the camaraderie we share are truly heartening. The free-flowing conversations, the honesty, the friendships we build at work – whether online or in person – these are the things that truly matter to us. While it is often hard to quantify great culture, we’re pleased to report that we’re building a true... --- > Wellness can deeply impact productivity and this blog aims to explore the benefits of a workplace fitness culture with insights from HR Diaries. Read Now! - Published: 2020-07-28 - Modified: 2025-05-06 - URL: http://172.26.4.72/hr-diaries-benefits-of-workplace-fitness-culture/ Fitness is not about getting into a particular shape or looking in a certain way, it is an internal process of evolving bodies and turning smarter, kinder, and more accepting of life with its ups and downs. A healthy workplace leads to high employee morale and productivity. Well-being impacts employee and organizational performance. It is the responsibility of every organization to provide a healthy and safe workplace for its employees.  JIFFY. ai we are committed to the holistic development of our people and, keeping this in mind, we have launched a fitness campaign “Faster Fitter & Healthier (FFH) 2023”. There are a series of monthly activities planned as part of this program. We started with the “Step It Up” challenge. This blog aims to reflect on the experience, express appreciation, and acknowledge our organization for promoting fitness and well-being.   The Challenge: The "Step It Up" challenge urged us to take 6,000 steps daily, and encouraged us to prioritize physical activity and incorporate it into our daily routines. It was a simple yet impactful challenge that pushed us to be more mindful of our movement and make conscious efforts to enhance our overall fitness.   Well-Being Champion: Sekhar Prakash, Head of Cloud Engineering was appointed as an internal well-being champion to lead the program and build a wellness culture within the Organization. My heartfelt gratitude to Sekhar for taking up this challenge.   Overwhelming participation: I am truly amazed by the level of participation we witnessed throughout the challenge. From seasoned fitness enthusiasts to... --- > JIFFY.ai’s appreciation program is a framework designed to facilitate a culture of timely appreciation and foster a positive workplace culture. Read further to know the benefits first hand from the HR. - Published: 2020-07-28 - Modified: 2025-05-06 - URL: http://172.26.4.72/hr-diaries-the-importance-of-timely-appreciation-in-workplace/ At the office, we're constantly on the move to meet the deadlines, hit the goal in the bull’s eye and get started with the next task. A couple of minutes by the water cooler, over a sip of coffee at the canteen or a fleeting brush past in the corridors was when we exchanged a quick thank you or appreciated the help.   With team members dotting the globe and working from across countries with newer concepts like WFH and Flexi Locations, work became entirely task oriented. The water cooler isn’t the meet-up spot and the coffee breaks aren’t with teammates.   For a holistic work environment, we, at JIFFY. ai figured that we should take a minute out, head over (virtually, at least) to our peers, managers and every teammate to give them a word of appreciation and gratitude. Give them a space to celebrate their wins when they matter the most. NOW.    Here’s what we had to tackle: this is an age of Instagram stories and Snapchat where instant gratification is the trend. But, the sentiment rarely sticks in the flood of content. So we crafted our own framework to facilitate a chain and culture of appreciation for a task well done, smart thinking or even just being patient through the project. After all, people had the right intent and just needed a platform that would help them express themselves.   Welcome to JIFFY. ai's appreciation program.   From a peer to a manager, everybody in the team shares... --- - Published: 2020-02-07 - Modified: 2025-05-07 - URL: http://172.26.4.72/the-strategic-use-of-technology-to-boost-the-people-function/ Companies that recognize their employees as their greatest asset and invest in people first go longer distances. Human Resources in many companies has become a key strategic partner to the C-suite, helping to spearhead digital transformation across the organization to not only drive value but also to support the attraction, retention, and engagement of a happy workforce. Focused transformation within the HR practice itself can also drive efficiency and improve employee attraction and retention. More HR leaders than ever before are looking at themselves and their teams as a critical starting point for employee experience excellence, digital transformation and innovation within the business. Cases in point (and there are many) are Google and Microsoft, which are both highly people-oriented in terms of the opportunities they provide to their employees and how seriously they value engagement as a metric. Technology has helped the HR function immensely, both to achieve efficiency and to make processes smoother. Particularly for growing organizations, HR technology can ensure all stakeholders, as well as potential new talent, receive a consistent, excellent experience. Creating Capacity For The Real People Work HR leaders today have a tough job, indeed. Massive job losses and pay cuts are being reported across the board and managing the people function is twice as challenging as ever. In the post COVID-19 reality, employee experience is going to be extremely important, and significant. Not only is it important to protect and engage internal stakeholders, potential talent will closely watch to see how a company’s people... --- --- ## Case Studies --- ## Events - Published: 2022-11-10 - Modified: 2023-11-20 - URL: http://172.26.4.72/resources/events/jiffy-ai-will-be-at-ces-2023-the-global-stage-for-innovation/ At the upcoming Consumer Electronics Show (CES 2023, Jan 5-8, Las Vegas), the JIFFY. ai Media team will be joining some of the biggest brands and the sharpest innovators from across the globe to evangelize about our Autonomous Enterprise Cloud platform and explore every possibility for synergy.   Our platform leverages artificial intelligence (AI) to bring innovative automation to a surprising range of operations within the Media & Advertising sphere. It helps agencies, marketers and publishers to create efficiencies in their business processes, thereby yielding transformational results.   It integrates the powers of no-code based software development, Intelligent Document Processing, Natural Language Processing, RPA, Machine Learning, and AI with an overarching human-in-the-loop approach to fuel the next generation of enterprise applications.   Interested? Read more Want to watch our platform in action?   at CES 2023 to schedule a demo. CES is the most influential tech event in the world — the proving ground for breakthrough technologies and global innovators. This is where the world's biggest brands do business and meet new partners—and where the sharpest innovators hit the stage. By participating in this event, we hope to feature JIFFY. ai as a digital transformation partner that enables customers in the Marketing & Advertising and Entertainment & Content industries to meet emerging challenges. See you in Vegas! Also read: The Future of Enterprises is all About Freedom What’s Next in the Journey to Build the Backbone that Powers Autonomous Enterprises? --- --- ## Guides --- ## Landing Pages --- ## Newsrooms - Published: 2024-09-12 - Modified: 2024-10-23 - URL: http://172.26.4.72/newsroom/jiffy-ai-and-wns-unveil-trac-one-f-a-unified-autonomous-finance-hyperapp-transforming-enterprise-finance/ AI-powered Solution Enhances Decision-Making, Reduces Manual Processes, and Unlocks New Revenue Streams Palo Alto, CA, Sep 12, 2024: JIFFY. ai, in collaboration with WNS, is thrilled to announce the launch of TRAC ONE-F, an AI-powered unified autonomous finance solution designed to revolutionize enterprise Finance & Accounting (F&A). The HyperApp solution leverages AI, ML, NLP and analytics to bring predictive insights and forecasts to the CFO’s Office, enabling better decision-making and proactive risk management. As CFOs grapple with mounting challenges, such as having to allocate a big chunk of their time on tasks that could be automated and managing manual processes prone to an 18%-40% error rate, the need for digital transformation in F&A has never been clearer. Recent studies have revealed that repetitive tasks take up 40% of F&A employees' workweeks, contributing to inefficient processes that lead to 20-30% annual revenue loss. TRAC ONE-F addresses these pain points, streamlining F&A processes end to end across Procure-to-Pay, Order-to-Cash, Record-to-Report, and Financial Planning & Analysis (FP&A). The results include more than 85% touchless processing, 80% quicker period-end close, 50% faster deployment cycles, and a 20% reduction in the cash conversion cycle. "Today's CFOs are navigating stalled transformations, cost pressures, and technology evolution. TRAC ONE-F empowers Finance teams to shift from manual tasks to strategic value creation across Procure-to-Pay, Order-to-Cash, Record-to-Report, and FP&A processes. Our as-a-service model supports rapid adoption and scalability," said Kris Subramanian, COO of JIFFY. ai. Key highlights of TRAC ONE-F include: Procure-to-Pay HyperApp: Enables Accounts Payable teams to achieve... --- - Published: 2023-06-14 - Modified: 2024-09-12 - URL: http://172.26.4.72/newsroom/iffy-ai-named-as-a-star-performer-in-everest-groups-intelligent-document-processing-peak-matrix-2023/ Moves up in position consistently through the last years Palo Alto, CA | June 14, 2023: Everest Group, the leading global research firm focused on strategic IT, business services, engineering services, and sourcing, has named JIFFY. ai a Star Performer in its Intelligent Document Processing (IDP) and Unstructured Document Processing Products PEAK Matrix® Assessment 2023. The assessment provides comparative evaluations of providers, locations, and products and solutions within various market segments. Read More... JIFFY. ai helps businesses to build autonomous enterprises of the future. Our no-code composable enterprise platform and HyperApps deliver delightful digital experiences, autonomous decision making capabilities and enhance operational efficiencies. The easy-to-use design studio gives business users the power to quickly build apps that solve real-world business challenges with a few mouse clicks.   JIFFY. ai’s IDP solution runs on a hybrid processing engine with self-learning machine models. It can handle structured, semi-structured and unstructured documents without having to create models from scratch every time. It can process complex documents based on pure ML models, rule-based models, or a combination of both, and can be deployed faster in an enterprise automation landscape without ripping it apart.   With true touchless processing and usage-based SaaS pricing (you pay only for the volume of documents processed), JIFFY. ai’s IDP solution helps to accelerate data extraction from a myriad of complex documents spread across the enterprise and save on operational expenditures. It changes the paradigm of enterprise process automation end-to-end, liberates your teams from mundane data entry tasks, and empowers... --- - Published: 2023-03-07 - Modified: 2023-08-21 - URL: http://172.26.4.72/newsroom/jiffy-ai-and-the-paanini-foundation-announce-paralympic-gold-medallist-annabelle-williams-as-brand-ambassador/ Renowned athlete to inspire people and enterprises to step into the autonomous future and unleash their true potential Palo Alto, CA | March 07, 2023: JIFFY. ai, the award-winning Autonomous Enterprise platform, and The Paanini Foundation announced today that they have onboarded celebrated Paralympic gold medallist Annabelle Williams as their Brand Ambassador. Internationally acclaimed motivational speaker Williams has wowed audiences around the world with her extraordinary profile as a corporate lawyer, sports commentator, and more. She will work with JIFFY. ai and The Paanini Foundation to inspire people and enterprises to step into the autonomous future and unleash their true potential. She will motivate JIFFYians to continue building the backbone of autonomous enterprises, and to evolve faster, fitter, and healthier for the future. The Paanini Foundation, JIFFY. ai’s major stakeholder, is a non-profit that works with their clients to help employees get ahead of the technology curve, to leverage technology to create better experiences, and a better world. They work with companies to retrain staff whose roles have been made redundant or changed and help them explore fresh avenues. Commenting on the association, Williams said: “As an Autonomous Enterprise Platform, JIFFY. ai has a new way of driving meaningful change for a better future. I'm glad to join hands with JIFFY. ai and The Paanini Foundation to help bring this change. Together, we work towards combining the power of machines to do tasks with the human capability to think, innovate and empathize. I think that combination will empower us to... --- - Published: 2023-01-03 - Modified: 2023-01-04 - URL: http://172.26.4.72/newsroom/group-black-and-jiffy-ai-partner-to-bring-operational-excellence-to-black-owned-media/ JIFFY. ai provides their unique intelligent automation technology to Group Black enabling Black-owned media to scale at a larger rate than ever before NEW YORK, NY – – Group Black, one of the largest collectives of Black-owned media and JIFFY. ai, an award-winning autonomous enterprise platform, today announced their partnership to help Black-owned media scale through operational solutions powered by Artificial Intelligence (AI).   Group Black aims to create a more equitable media landscape for Black and diverse-owned brands. A barrier to the success of these brands has been the lack of access to resources that provide structure, technology and scalability. Group Black is doubling down on their mission by leveraging JIFFY. ai’s HyperApps technology to bring cutting-edge automation to members of their collective of black-owned media sites. Low-code HyperApps will streamline the “order to cash” ad operations workflows of publishers and advertisers and ultimately enable them to scale their businesses more efficiently than ever before. The Media Division of JIFFY. ai was built specifically to service the information industry by leading and innovating media, using programmatic and ad tech teams and strategies. By partnering with Group Black, JIFFY. ai will be able to expand their reach and programs to a diverse audience. It will enable them to provide easy-to-build, cost-effective and high-value intelligent automation solutions to organizations on the buy-and-sell side of the advertising ecosystem.   “Partnering with JIFFY. ai is exactly the right next step when it comes to diversifying the media landscape and providing more opportunities for... --- - Published: 2022-11-04 - Modified: 2022-11-07 - URL: http://172.26.4.72/newsroom/jiffy-ai-named-as-a-major-contender-in-everest-groups-intelligent-document-processing-idp-products-peak-matrix-assessment-2022/ Retains position for the second year in a row Palo Alto, CA | June 10, 2022: Everest Group, the leading global research firm focused on strategic IT, business services, engineering services, and sourcing, has named JIFFY. ai as a Major Contender for the second consecutive year in its Intelligent Document Processing (IDP) Products PEAK Matrix® Assessment. The assessment provides comparative evaluations of providers, locations, and products and solutions within various market segments. Read More... JIFFY. ai’s IDP solution runs on a hybrid processing engine with self-learning machine models. It can handle structured, semi-structured and unstructured documents without having to create models from scratch every time. It can process complex documents based on pure ML models, rule-based models, or a combination of both, and can be deployed faster in an enterprise automation landscape without ripping it apart. With true touchless processing and usage-based SaaS pricing (you pay only for the volume of documents processed), JIFFY. ai’s IDP solution helps to accelerate data extraction from a myriad of complex documents spread across the enterprise and save on operational expenditures. It changes the paradigm of enterprise process automation end-to-end, liberates your teams from mundane data entry tasks, and empowers them to focus on what really matters — innovation. If you wish to automatically unlock all the data from the tons of myriad documents in your organization and embark on true end-to-end digital transformation, our automation experts are ready to help. Talk to an expert People also read: Overcoming OCR Errors and Limitations with... --- - Published: 2022-11-04 - Modified: 2022-11-08 - URL: http://172.26.4.72/newsroom/jiffy-ai-named-as-a-major-contender-in-everest-groups-robotic-process-automation-rpa-products-peak-matrix-assessment-2022/ Retains position for the second year in a row Palo Alto, CA | October 12, 2022: Everest Group, the leading global research firm focused on strategic IT, business services, engineering services, and sourcing, has named JIFFY. ai as a Major Contender for the second consecutive year in its Robotic Process Automation (RPA) Products PEAK Matrix® Assessment. The assessment provides comparative evaluations of providers, locations, and products and solutions within various market segments. Read More... JIFFY. ai’s intelligent automation platform enables enterprises to move away from a piecemeal approach or fragmented automation landscape. The easy-to-use design studio gives business users the power to quickly build apps that solve real-world business challenges with a few mouse clicks. Our capability-driven framework offers tools to assemble simple tasks using a 'Lego' building block approach. Business users can add levels of complexity based on business requirements. This enables non-technical employees to create autonomous enterprise solutions with minimal IT involvement. If you wish to see how JIFFY. ai’s Intelligent Automation approach can help you to scale automation adoption rapidly in sync with your growth plans, our automation experts are ready to help. Talk to an expert People also read: 7 key checkpoints to consider before starting your process automation project Debunking Top 3 Myths Around Enterprise Automation and Avoiding These Pitfalls to Implementation Success How to implement intelligent automation for scale and unlock its true potential --- - Published: 2022-09-16 - Modified: 2023-11-21 - URL: http://172.26.4.72/newsroom/cetera-partners-with-jiffy-ai-to-expand-automation-capabilities/ Our Partnership will enhance home office, financial professional, and investor experiences Palo Alto, California – September 21, 2022 – Cetera Financial Group, one of America's largest networks of financial professionals, has partnered with JIFFY. ai, the award-winning Autonomous Enterprise platform, to co-create an Automation Center of Excellence (CoE). The integrated enterprise-level platform will empower innovative investor experiences that represent Cetera’s commitment to delivering leading solutions to financial professionals. “We are constantly identifying new ways to improve experiences for our financial professionals, and we are pleased to partner with JIFFY. ai to implement process automations to enhance our service offerings,” said Brent Gaddis, Head of Strategic Operations at Cetera. “Together with JIFFY. ai, we can better automate key features of our business as we continue to identify new opportunities to help our financial professionals succeed. This partnership demonstrates Cetera’s commitment to implementing advanced tools and technologies to help our financial professionals thrive in all aspects of their business and we look forward to many benefits to come. ” “We are pleased to partner with Cetera to develop and deliver a robust CoE, which will help reduce time to market and increase operational efficiencies for them,” said Crystal Andrus, Head of Client Success at JIFFY. ai. “Through our partnership, we can more efficiently and effectively identify and quantify opportunities and prioritize them accordingly to achieve optimal results. Working to support Cetera’s growth, our platform will add efficiency to complex processes, and accelerate their journey toward the future of enterprise autonomy. ” Powered... --- - Published: 2022-07-05 - Modified: 2022-07-14 - URL: http://172.26.4.72/newsroom/jiffy-ai-welcomes-former-vmware-coo-and-sap-president-sanjay-poonen-as-advisor/ PALO ALTO, CA. , July 12, 2022 - JIFFY. ai, a pioneer in delivering autonomous enterprise cloud platform, announced today that Sanjay Poonen has joined the company as an Advisor. Sanjay will provide guidance on growth and go-to-market strategy as JIFFY. ai looks to scale its AI-powered platform for next-generation enterprises. He is a seasoned technology executive with more than 25 years of experience leading enterprise software companies such as VMWare, SAP, and Informatica. “As enterprises look to upgrade their transformation initiatives from tactical task-based automation to meaningful transformation of end-to-end business processes, they need a unified, cohesive approach. Automating small tasks along the value chain does neither provide the ROI nor prepare the processes for the future,” said Poonen. “JIFFY. ai is delivering a breakthrough, enterprise-grade autonomous cloud platform that unifies no-code, intelligent automation and RPA capabilities on a single stack, enabling faster transformation. I am thrilled to support their groundbreaking work, both as an Advisor and as an investor. ” Earlier this year, JIFFY. ai had secured Series B funding of $53M. The company is currently adding strength to its cloud platform capabilities, and gathering momentum in growth. “We are thrilled to have Sanjay join our journey to making enterprises truly autonomous,” said Babu Sivadasan, Co-founder and CEO of JIFFY. ai. “Sanjay has been at the forefront of meaningful transformation in the enterprise space for quite some time, and his guidance and experience will be invaluable to our team. ” ### About JIFFY. ai Founded with the mission to... --- - Published: 2022-06-16 - Modified: 2022-07-14 - URL: http://172.26.4.72/newsroom/william-ribaudo-joins-jiffy-ai-as-president/ PALO ALTO, CA – – JIFFY. ai, an award-winning app-based low-code/no-code intelligent automation platform, today announced that it has appointed William Ribaudo as President. In this role, Bill will oversee the company’s strategic growth initiatives across geographies. Bill has over 35 years of experience spanning across public company executive financial management, and strategic and operational consulting. Prior to joining JIFFY. ai, he was a 22-year Partner at Deloitte, and recently the Managing Partner of Deloitte Advisory’s Digital Risk Venture Portfolio, where he oversaw investments and services designed to help clients drive the digitization and transformation of their businesses. He was continually a senior advisory partner to some of Deloitte’s largest and most strategic clients including young technology companies. “Bill’s wealth of experience in digitization and business transformation will fuel JIFFY. ai’s evolution as an end-to-end Autonomous Enterprise Platform that enables businesses to realize their growth goals faster,” said Babu Sivadasan, Co-Founder and CEO of JIFFY. ai. “Global leaders across industries are investing heavily in automation, especially after the pandemic. With Bill on our team, JIFFY. ai will be better positioned to help our customers comprehend and leverage the real value of intelligent automation and, thereby, enterprise autonomy. ” A frequent author and international speaker on digital business model innovation and its link to market valuation, Bill has influenced CEOs and government leaders alike on the importance of digitalization of businesses (both inside and out) and the benefits of driving to become autonomous digital enterprises. Bill was a key member of... --- - Published: 2022-03-09 - Modified: 2022-07-14 - URL: http://172.26.4.72/newsroom/series-b-funding-announcement/ Aim to advance our mission to build autonomous enterprises of the future, by applying artificial intelligence and HyperApp-based automation PALO ALTO, CA – – JIFFY. ai, an award-winning app-based low-code/no-code intelligent automation platform, today announced that it has raised $53 million as part of its Series B funding round. Eight Roads Ventures, a leading global investment firm backed by Fidelity, led this investment round, which included participation from venture firms Iron Pillar, R-Squared, and existing investors Nexus Venture Partners, Reaction and Rebright Partners. JIFFY. ai plans to use the funding to scale its sales and marketing efforts, and to advance its HyperApp platform, which combines Robotic Process Automation (RPA), Intelligent Document Processing, and no-code workflow management and software creation. “This funding will advance our mission to help build autonomous enterprises of the future by applying artificial intelligence and automation to transform enterprise operations,” said Babu Sivadasan, JIFFY. ai’s Co-founder and Chief Executive Officer. “We are focusing on strengthening our intelligent automation platform which will enable organizations to compose, configure, monitor and maintain themselves as autonomous enterprises. Using the platform, they will be able to assemble automated business capabilities that can learn and adapt to changing needs with little or no additional resource and operational expenditure. This investment is validation for JIFFY. ai’s continued progress as a disruptor in the RPA and no-code space. ” JIFFY. ai’s cloud-native enterprise-grade platform brings the power of artificial intelligence (AI), machine learning, natural language processing and analytics to business users. It empowers them to deliver... --- > IFFY.ai and Documpace announce the joint development of the wealth management industry’s most powerful suite of automation solutions; deploying leading-edge capabilities such as intelligent document processing, artificial intelligence (AI), robotic process automation (RPA), as well as machine learning and advanced analytics to deliver benefits at scale across enterprise operations. - Published: 2022-01-26 - Modified: 2022-07-14 - URL: http://172.26.4.72/newsroom/docupace-jiffy-ai-partner-to-bring-next-generation-automation-to-the-back-office/ Product Partnership Brings JIFFY. ai’s Integrated Intelligent Automation to the Docupace Platform LOS ANGELES, California – January 26, 2022 – Docupace, the leader in cloud-based fintech digital operations software for the wealth management industry, and JIFFY. ai, the innovative provider of true end-to-end intelligent automation applications, announce the companies are jointly developing the wealth management industry’s most powerful suite of automation solutions; deploying leading-edge capabilities such as intelligent document processing, artificial intelligence (AI), robotic process automation (RPA), as well as machine learning and advanced analytics to deliver benefits at scale across enterprise operations. “We believe automation, AI and machine learning (ML) technologies have reached the tipping point of being more than just a theory and are now a reality in many businesses,” said Michael Pinsker, Founder and President at Docupace. “Docupace and JIFFY. ai are leveraging our collective wisdom to take the most advanced technologies and pointing them directly at our clients and the wealth management industry’s biggest pain points and most common issues of operational inefficiencies. ” Co-founded by Babu Sivadasan, a former Envestnet executive, JIFFY. ai uses intelligent automation to improve processes at Fortune 50 companies across multiple industries. Connecting these innovative technologies with the power of the Docupace Platform delivers capabilities previously only available to the world’s largest corporations to Docupace customers. The opportunity for intelligent automation in the financial services sector is significant. According to Gartner, global enterprise IT spending in the banking and securities market will reach $570 billion in 2021 alone. That’s the just the... --- > Find out why the new partnership between JIFFy.ai and Lupin Limited will take pharmaceutical automation to new heights. Together, they will deploy intelligent automation services and software solutions such as A.I., NLP, and intelligent document processing. Explore more about this impactful intelligent automation platform and partnership at JIFFY.ai. - Published: 2021-03-02 - Modified: 2022-07-14 - URL: http://172.26.4.72/newsroom/jiffy-ai-brings-automate-solution-to-the-pharmaceutical-industry-via-partnership-with-lupin/ Partnership will focus on optimizing back office processes via tailored automation solution Milpitas, CA – March 2, 2021 – Global pharma major Lupin Limited (Lupin) and Silicon Valley-based enterprise automation start-up JIFFY. ai have announced a formalized partnership where JIFFY. ai will help to strategically expand Lupin’s automation initiatives. This agreement will provide Lupin with the ability to evolve their internal operations via JIFFY. ai’s AUTOMATE platform, which provides cloud-native, low-code integrated solutions. JIFFY. ai will help digitize Lupin data and processes by seamlessly integrating built-in machine learning (ML), robotic process automation (RPA) and intelligent document processing. The power of JIFFY. ai’s intelligent automation platform will accelerate Lupin’s back-end operational efficiency by saving employee time, improving productivity and enhancing process quality outcomes. “The global pharmaceutical industry has never been more important,” said Babu Sivadasan, co-founder and CEO at JIFFY. ai. “We look forward to co-developing solutions for Lupin that are optimized for a pharmaceutical environment. These new applications of our technology will save employees’ time and effort, allowing them to focus on what really matters. ” The JIFFY. ai AUTOMATE platform empowers organizations to digitize their data and seamlessly integrate built-in automation technologies to address the entire automation lifecycle. It leverages intelligent document processing, artificial intelligence, machine learning, natural language processing, business process management workflows and business analytics to deliver end-to-end process automation experience. This allows enterprise users to accelerate their innovation and evolve their processes, making operations more time-efficient and cost-effective with better quality and precision. “We are excited... --- > Discover how the new JIFFY.ai and Seed Group partnership is prepared to optimize enterprise process automation across the Middle East and Northern Africa. With the global RPA industry flourishing, read more about why this strategic partnership is ready to deliver enterprise process automation solutions across the MENA region at JIFFY.ai. - Published: 2021-01-25 - Modified: 2022-07-14 - URL: http://172.26.4.72/newsroom/seed-group-partners-with-silicon-valley-based-jiffy-ai-to-facilitate-growth-of-intelligent-automation-industry/ Dubai, United Arab Emirates – 25 January 2021 – Seed Group, a company of the Private Office of Sheikh Saeed bin Ahmed Al Maktoum, has partnered with Silicon Valley-based enterprise automation start-up JIFFY. ai to facilitate the latter to expand its business operations in the United Arab Emirates (UAE) and the wider Middle East, and to bring in the best of intelligent automation, along with its AI-based, cloud-native low-code/no-code HyperApp technology to the region. Under this agreement, Seed Group will enable JIFFY. ai to reach the right audience, find new potential customers, access top decision-makers in government as well as private sectors, and market their products effectively in the region. JIFFY. ai will bring its enterprise process automation platform, its HyperApp technology, and its expertise to the region, contributing to the acceleration of the ongoing tech revolution that the UAE and the region are undergoing. Hisham Al Gurg, CEO of Seed Group and The Private Office of Sheikh Saeed bin Ahmed Al Maktoum, said, “JIFFY. ai is a pioneer in the field of enterprise-grade process automation and their cutting-edge products have been recognized globally. We see a huge potential for their services in the UAE and the Middle East, especially when there is an increased focus on automation and digital transformation. We are pleased to have them as a partner and know this association will propel the ongoing tech developments. ” The JIFFY. ai AUTOMATE platform empowers organizations to digitize their data and seamlessly integrate built-in automation technologies through HyperApps,... --- > Learn about the exciting new partnership between JIFFY.ai and Ephesoft, and how their combined intelligent automation solutions within the innovative Mortgage Loan Processing HyperApp will streamline and transform the end-to-end mortgage loan process. Explore intelligent breakthroughs such as RPA in mortgage processing today at JIFFY.ai. - Published: 2020-12-16 - Modified: 2022-07-14 - URL: http://172.26.4.72/newsroom/breakthrough-hyperapp-and-intelligent-document-processing-solution-drives-digital-transformation-for-the-financial-services-and-mortgage-industries/ New partnership between Ephesoft and JIFFY. ai will focus on cloud, low-code technology solution to accelerate loan and mortgage document processing IRVINE, Calif. – Dec. 16, 2020 – Ephesoft, Inc. , a leader in intelligent document processing automation and data enrichment solutions, and JIFFY. ai, a fast-growing leader in enterprise-grade automation technology, have announced a formalized, strategic partnership. This alliance will provide a premiere AI-based, cloud-native, low-code HyperApp solution for the mortgage and financial services industries. The companies’ combined capabilities will accelerate the end-to-end automation of complex mortgage origination and loan processing by integrating intelligent capture, machine learning, Robotic Process Automation (RPA) and cognitive processing technologies into a single, unified solution. The joint intelligent automation solution will enable mortgage service providers to implement the technology quickly, streamline workflows and increase overall productivity. Ephesoft and JIFFY. ai built their alliance due to the severe need for improved intelligent automation in the mortgage industry. In the second quarter of 2020 alone, nearly $1. 1 trillion in first lien mortgages were originated. However, even with this massive surge in volume, lender operations executives have relied heavily on staffing overtime and only 8% have turned to rely on technology. The reason for this lack of reliance on technology is due to the burdensome nature of the mortgage loan process for all stakeholders, as well as the length of time technology implementations typically require. To overcome these challenges, JIFFY. ai and Ephesoft will tackle the barriers to rapid automation adoption and success by delivering the... --- > Read about JIFFY.ai’s CEO, Babu Sivadasan, and his new role on the renowned Forbes Technology Council. Sivadasan will bring his intelligent automation, software development, and business growth insights to the Forbes Tech Council, where he will look to continue building strategic inroads to successful automation. Explore more about Babu Sivadasan’s new role at JIFFY.ai. - Published: 2020-12-08 - Modified: 2022-07-14 - URL: http://172.26.4.72/newsroom/babu-sivadasan-accepted-into-forbes-technology-council/ Forbes Technology Council Is an Invitation-Only Community for World-Class CIOs, CTOs, and Technology Executives. PALO ALTO, CA (December 8, 2020) — Babu Sivadasan, CEO of JIFFY. ai, a first-ever unified intelligent automation and software development platform company, has been accepted into Forbes Technology Council, an invitation-only community for world-class CIOs, CTOs, and technology executives. Babu was vetted and selected by a review committee based on the depth and diversity of his experience. Criteria for acceptance include a track record of successfully impacting business growth metrics, as well as personal and professional achievements and honors. “We are honored to welcome Babu Sivadasan into the community,” said Scott Gerber, founder of Forbes Councils, the collective that includes Forbes Technology Council. “Our mission with Forbes Councils is to bring together proven leaders from every industry, creating a curated, social capital-driven network that helps every member grow professionally and make an even greater impact on the business world. ” As an accepted member of the Council, Babu has access to a variety of exclusive opportunities designed to help him reach peak professional influence. He will connect and collaborate with other respected local leaders in a private forum. Babu will also be invited to work with a professional editorial team to share his expert insights in original business articles on Forbes. com, and to contribute to published Q&A panels alongside other experts. Finally, Babu will benefit from exclusive access to vetted business service partners, membership-branded marketing collateral, and the high-touch support of the Forbes Councils... --- --- ## Testimonials --- ## Use Cases --- ## Videos ---