Revolutionary Enhancements Aimed at Delivering Unprecedented Efficiency and Compliance 

August 6, 2024 (Redwood City, Calif) –Pyze, the leading provider of Low-Code Process Intelligence, is thrilled to announce the latest release of its Patent Pending GenAI Intelligent Insights platform. This innovative release is designed to empower businesses with goal-driven, actionable solutions for optimizing operations and achieving significant cost savings.

The Pyze platform leverages cutting-edge artificial intelligence to mine the rich data generated by the Pyze and other systems to discover easily understandable actionable insights that align with specific customer goals. The platform utilizes GenAI to go beyond discovering bottlenecks by identifying root cases so organizations can enhance their business processes through targeted improvements.

Out of the Box Optimization Models

The new release includes a suite of pre-configured optimization models, allowing businesses to quickly realize value by improving key operational metrics:

• Cycle Time: Reduce the duration required to complete business processes, leading to faster delivery and increased customer satisfaction.
• Wait Time: Minimize idle periods within processes to improve efficiency and resource utilization.
• Rework: Identify areas where processes need re-execution to eliminate inefficiencies and reduce costs.
• Time on Task: Optimize the time spent on individual tasks to enhance productivity and throughput.
• Identifying Automation Opportunities: Pinpoint processes ripe for automation to streamline operations and reduce manual efforts.

Real-World Application

After observing the client’s process for three months, Pyze AI automatically identified high rework rates occurring when specific office locations and processed particular steps of the process. The client was able to target these areas with tailored process improvements and training programs to significantly reduce rework and improve overall efficiency.

Customizable Models for Tailored Solutions

In addition to out-of-the-box models, Pyze offers customizable models that can be trained to meet specific business objectives. Organizations can leverage Pyze’s expertise to address unique challenges, such as:

• Case Suppression: Suppress unnecessary cases to prevent workflow congestion and optimize resource allocation.
• False Positives: Reduce false-positive rates in detection systems, enhancing accuracy and efficiency.
• STP Routing: Implement straight-through processing (STP) routing to streamline operations and accelerate process execution.

A recently deployed custom model for a client demonstrated the capability to meet Service Level Agreements (SLAs) for resolving disputes and fraud cases, showcasing Pyze’s adaptability to address complex business needs.

Leadership Perspective

Pyze is the leading Digital Transformation analytics platform for Enterprise Applications to maximize process efficiency and productivity of modernization initiatives through low-code process mining and productivity analytics. Pyze is a pioneering developer of Process Intelligence solutions, dedicated to helping businesses navigate their digital transformation journeys through insightful, data-driven decision-making frameworks. By offering deep visibility into business processes, Pyze enables organizations to uncover opportunities for improvement, automation, and optimization, facilitating continuous innovation and growth.

The Pyze Process Intelligence Platform auto-discovers complex end-to-end business process flows to surface process bottlenecks, activity hotspots, and user experience optimization opportunities. The AI-Driven platform proactively identifies emerging issues, quality concerns, and training needs for success. Pyze customers include Fortune 500 companies across a number of verticals including Banking, Financial Services and Insurance, Manufacturing and Logistics, Telecommunications, Healthcare, and Public Sector.

Andrea Garcia
Pyze
+1 415-993-1002