IBM has announced new software that helps clients automate
content-centric processes and manage unstructured content such as
scanned images, electronic documents, web pages, video, email and text
messaging to gain better insight across the business.
At its Information On Demand (IOD) 2010
conference here on Oct. 26, IBM introduced the IBM Case Manager and
enhancements to its content analytics and information lifecycle
governance solutions.
IBM Case Manager integrates content and process management with
advanced analytics, business rules, collaboration and social software.
Business users now have the tools to support ad hoc processes such as
communication by email or paper and extract more value and critical
insight from their structured and unstructured information, IBM said
According to recent analyst reports, enterprise data growth over the
next five years is estimated at 650 percent, and 80 percent of this
data will be unstructured generated from forms, web content, and chat
transcripts, etc. Organizations are also facing an increasing need to
manage important case-related processes that are manual and paper
intensive such as social services, healthcare member enrollment,
dispute resolution and insurance claims in a more collaborative and
efficient way.
IBM’s new software offers a more integrated way for customers to
handle growing, increasingly complex caseloads and shrinking resources
in areas such as insurance claims management, credit dispute
management, fraud identification and resolution, and contract execution.
An insurance underwriter, for example, can make decisions faster
with better information by using the software with integrated analytics
to improve key processes covering applicant review, risk assessment,
and policy issuance, IBM said. Customer service agents can use the
software to resolve a credit card dispute fairly by capturing,
processing and analyzing key information from all parties including the
customer, the merchant, the card issuing bank, and the credit card
agency in a single view, the company said. And doctors and nurses can
use the software to get real-time access to complete patient history.
In addition, hospital administrators can help ensure proper compliance
and billing information by using its content and process management
capabilities.
The State of North Dakota uses IBM capabilities across 23 agencies
and 2,000 employees. Departments of Commerce, Taxation, Transportation,
Human Services, and Secretary of State, currently use IBM Enterprise
Content Manager software. The solution manages a wide variety of
citizen records and information, ranging from unemployment applications
and vehicle registrations to tax filings and flexible benefit records
resulting in increased operating efficiencies, improved services and a
reduction in overhead expenses. For example, the payback for
implementing IBM software in the Public Employees Retirement System was
achieved in only six months. Prior to using IBM software, Tax
Department Records employees manually retrieved over 500 paper
withholding returns per month. Now with instant access to information,
they've been able to save 200 employee hours per month by eliminating
the need to request the documents and manually retrieve and re-file the
returns.
"Serving citizens is at the forefront across our agencies. With IBM
software, we can now provide our agencies with a 360-degree view of our
citizens, quickly develop and share best practices and leverage
capabilities such as advanced analytics to adjust case management
business processes and balance workloads," said Chuck Picard, an
Electronic Document Management Systems (EDMS) Coordinator for the State
of North Dakota, in a statement. "There are eight regional Human
Service centers, and they all rely on silos of information to provide
assistance in their regions. With advanced case management
capabilities, we have the flexibility to house those documents in a
repository, automatically route applications to the proper case worker,
and run analytics against them to find patterns where fraud might
exist," Picard said.
Moreover, as part of its announcement, IBM has also enhanced its
content analytics software, designed to help customers more easily
access and analyze structured and unstructured data such as documents,
customer correspondence, web forms, email, and case notes to drive
smarter decisions based on external and internal insights. With IBM
content analytics software, users can reach better and faster
decisions, turning their content into trusted information and sources
of business insight, IBM said.
A content analytics solution results in an integrated view of all
the information that is relevant for a business, IBM officials said. By
leveraging information as a strategic asset, businesses can now derive
new intelligence and gain competitive advantage in a rapidly evolving
marketplace.
A telecommunications company, for example, can analyze call scripts
to identify early customer satisfaction trends about a new product or
service and adjust marketing efforts. An insurance company can identify
fraud earlier and more efficiently in the claims process to streamline
existing predictive detection models.