The role of Blockchain and AI in Business Process Automation
Vikas Jalodia, Divya Srivastava, Saurabh Kumar Srivastava · 2024
Business process delineates a meticulously composed sequence of activities engineered to realize predefined objectives, consistent resources to confer value, optimizing operational efficiency and efficacy in the attainment of organizational objectives. The implementation of technology and algorithms has made significant strides in automating business processes. By systematically managing and controlling operational tasks, integration of technology has greatly improved efficiency, reduced the need for manual intervention, and better utilized resources within the organization. Business Process Automation (BPA) offers a wide range of benefits to improve operations, including rule-based automation, seamless workflow integration, flexible design, real-time monitoring, user-friendly interfaces, reliable data management, compliance adherence, cost effectiveness, and adaptability to changing business landscapes.Seeing the importance of BPA the present paper gives an overview of Blockchain and AI used for BPA.