The automation advantage
Automation is key for companies that want to remain competitive in a fast-paced and quickly changing world. Anything that can be automated, should be automated. The advantages are clear: faster processes without the possibility of human error. To help businesses adopt this mindset and implement the necessary tools, TheValueChain, a Belgium-based IT and SAP consultancy firm, launched HyperChain.
‘Our hyperautomation offer focuses on low-code or no-code technology using the SAP Business Technology Platform. This allows companies to start automating almost immediately. Examples include RPA bots, workflow engines, app development tools, process mining and artificial intelligence. Indeed, AI systems are powerful automation partners. For instance, AI offers opportunities to automatically process the many documents and emails that office workers now plough through every day. This is called intelligent document processing. According to McKinsey & Company, it is ‘the most commonly deployed automation technology after the piloting phase.’ However, it was exactly this feature that was still lacking in HyperChain’s toolbox’, explains Kenny Mattheyssen, HyperChain unit lead at TheValueChain.
Intelligent document processing platform
TheValueChain started scanning the market for IDP partners and eventually found the SaaS platform Metamaze. ‘With intelligent document processing via artificial intelligence, we want to free employees from mind-numbing, repetitive data entry work and help them realise their true potential,’ says Niels Van Weereld CEO at Metamaze. ‘Metamaze can automate classification and data extraction from any document or email in a company. The underlying AI algorithms are able to be trained to classify and extract information from documents on its own. Our intuitive, no-coding platform was built for all business users without any coding or AI experience. It brings the power of AI to their fingertips and helps them reduce costs and improve customer and employee satisfaction.’
‘After some benchmarking, we decided to start collaborating with Metamaze for several reasons. First, we were convinced by the true machine learning capabilities of the platform. Second, Metamaze’s strong product roadmap proves that their system is future-proof. Third, we noticed that even after training the system with only the bare minimum, we still achieved the best results. And fourth, Metamaze was more than willing to work with us, since we both believe we complement one another,’ says Jonas Bert, Hyperautomation Expert at TheValueChain.
Pilot projects and beyond
TheValueChain and Metamaze have embarked on several projects together: building a purchase order confirmation and invoices model. ‘This is one of our most mentioned use cases when we pitch HyperChain to potential customers, so there is definitely a need in the market,’ explains Kenny Mattheyssen. ‘Afterwards, we could start working on models for invoices, quotation requests, email classification based on body content, etc. The ultimate goal is to fast build models that address the needs of specific customers, with as little training data as possible. Together, we will help companies process documents with less effort and more results.’
In today’s business reality, speed and agility are the real competitive advantages. As a leading SAP partner with more than 400 consultants, TheValueChain helps you accelerate and adapt your business to the challenges of tomorrow. We believe that optimising your most vital business processes is the key to acceleration.
As a long-term partner, we anticipate how our clients can best adapt to the challenges in their industry, how technology can accelerate their business and how they can increase the value of their SAP investment. TheValueChain has offices in the Netherlands, Belgium, Luxembourg, and Switzerland and is part of the Gumption Group.
TheValueChain. Accelerate. Adapt. Act.
Metamaze is a no-code intelligent document processing platform that uses AI to automate all documents and email workflows. It is our mission to rid the world of mind-numbing, repetitive data entry work that causes so much human potential to go to waste.
Metamaze is an Antwerp-based scale up and started as a solution for a real customer problem. The solution was productised as Metamaze in 2020 and since then the company is active in 6 countries, has 50+ clients and employs over 30 people. Metamaze’s goal is to make the smartest possible intelligent document processor in existence that is also easy for end-users to implement and to integrate into existing company processes and workflows.