• By quade
• 21 May 2024

Arteria AI To Release Solution for Document Management

The Commercial Advisory Partnership (TCAP) is pleased to announce its partnership with Arteria AI. This data-centric solution promises a new way of handling complex document processes across industries in Australia and New Zealand.

Using its new AI systems to handle most of the grunt work, Arteria promises to take the hassle and annoyance out of this time-consuming process. Instead, AI will automate the process and greatly increase company efficiency.

Who is Arteria AI?

Arteria AI is one of the largest and most trustworthy AI systems, offering services in digital documentation infrastructure. Their setup optimizes traditional manual processes by structuring data throughout operational workflows.

This enhances documentation and decision-making for all stakeholders, featuring a highly intuitive user interface. Arteria AI’s platform is now deployed at some of the world’s leading financial institutions.

Arteria’s success has ranked it as one of the 100 Most Promising AI Companies by CB Insights. They even won the 2023 Finovate Awards and were featured in Gartner’s “Cool Vendors in Applying Generative AI to Banking” report.

Joining Forces With TCAP

It wasn’t just the tech space that took notice of Arteria’s success. TCAP also saw the potential in the company and offered financial assistance. this comes right after Arteria’s successful $30M Series B funding round in October 2023.

TCAP is based in Australia and will handle sales, system integration, implementation, and ongoing support for the platform. Their primary customers will be large corporations and organizations in the financial, public, and service sectors. 

This partnership will help cut down on bureaucracy and speed up the processing of documents as employees will not have to go through everything manually. 

“The combination of TCAP’s local knowledge and commercial expertise and Arteria AI’s platform offers companies in our region greater opportunities for meaningful digital transformation in their document processes. Modern documentation infrastructure and intelligent documentation is a key area of focus for many of the enterprises we serve and having been aware of the team at Arteria and the company’s development for some time, we are excited to finally bring its proven capabilities to organisations in the Australian and New Zealand market.”

– Ross Alexander, TCAP Partner.

What Will This Partnership Entail?

Arteria Co-Founder and CRO, Abrar Huq stated that the team is dedicated to helping TCAP position Arteria as the leading documentation infrastructure platform and speed up adoption in Australia and New Zealand.

“The TCAP team has a well-earned reputation for bringing value to a diverse client base across multiple industries and we look forward to our working partnership to find additional applications for our technology and continue our growth momentum.”

– Abrar Huq, Arteria Co-Founder.

TCAP will support the implementation of Arteria’s data-first solution for managing complex document processes in industries across Australia and New Zealand by:

• Simplifying documentation processes: Utilizing Arteria AI for ingesting legacy documents and automated document production into a central repository for storing digital contracts. This enables easy retrieval, record keeping, amendments, and linking data elements to internal systems for broader organizational processes.
• Enhancing workflow and compliance: Providing full visibility and tracking of complex workflow processes. This streamlines negotiation both on and off-platform, simplifying editing for renewals and repapering, and accommodating adjustments for variables and compliance requirements.
• Facilitating multi-user access and collaboration: Offering an intuitive user experience and a no-code platform for creating new documents, workflows, and dashboard reports. The solution is highly flexible and easily integrated, allowing internal and external stakeholders to collaborate effectively.

How Arteria AI Will Benefit BPO Services?

It isn’t just the big tech companies who see the potential in Arteria AI. Many BPOs have noticed this IT outsourcing trend and are now investing in the technology. The system offers a range of benefits that streamline operations and enhance efficiency. 

The biggest advantage is automating the processing, and storage of documents. This removes the manual effort required, ensuring a faster turnaround in handling client documents. That system can help with BPO IT cost reduction.

Aside from the cheaper price, the platform also offers better visibility and tracking for workflows. This allows BPO firms to manage and monitor the data process, leaving less room for error and a smoother flow.

With automation also comes better coordination between different employees. The intuitive user interface and a no-code platform enable easy creation and modification of documents. The system supports collaboration among internal teams and external stakeholders, enhancing communication and project coordination.