New Robotic Data Correction Solution Automatically Finds, Fixes, and Prevents Data Entry Errors
Rulex Data Correction helps enterprises improve data quality.
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Rulex has released Rulex Robotic Data Correction (RDC), a turn-key AI-based solution that automatically corrects forms-oriented business data, delivering business value in labor savings and operational risk reduction. Each RDC user can automatically correct as many as 50,000 data entry errors per day in just minutes, eliminating hours of manual data auditing and preventing error-induced expenses.
Rulex RDC addresses a common, costly problem shared by the enterprises across industries and applications that rely heavily on forms-oriented data entry, including:
- Materials, plants, product types, network routes, and shipping addresses for supply chain
- Damage classes, coverage limits, and repair authorizations for insurance claims
- Authorizations, processors, and regulatory clearance for financial transactions
- Procedures, services, supplies, and equipment coding for medical billing
In a 2016 Harvard Business Review article, IBM is quoted as saying that bad data costs the U.S. $3 trillion per year.
Common data errors are the result of human mistakes in selecting, reading, or typing the correct values required by applications’ forms. Rulex's Robotic Data Correction software uses artificial intelligence to automatically detect data entry errors when and where they occur and to automatically correct them before the data can be used for other purposes. RDC also enables process experts to easily review and approve all proposed corrections before they are performed in the system.
Operations personnel control the correction process through a simple Rulex add-in for Microsoft Excel connected to the cloud-based or on-premises Rulex RDC Server, which communicates with enterprise applications data systems through the user’s middleware of choice.
“Rulex’s mission is to make AI simpler to implement and easier to use through our turn-key AI solutions such as Robotic Data Correction,” according to Rulex CEO Mr. Andrea Ridi. “With our algorithms, there is no need for data science skills or speculative experimentation. Rulex AI is accurate, automatic, and self-explaining for mission-critical enterprise applications such as ERP.”
Rulex Robotic Data Correction is now available on a subscription basis, and for enterprises considering the RDC solution the company offers the Rulex RDC Operational Data Audit, a fast, inexpensive service for analyzing existing historical data to reveal the volume and types of existing errors and their relationship to other business data and processes. In addition to quantifying the need for RDC, the Audit solution provides actionable operational intelligence showing where in the business the errors are occurring.
To learn more about Rulex Robotic Data Correction, please visit www.rulex.ai/rdc.