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Fisent Secures Funding for GenAI Process Automation Solution

TORONTO, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Fisent Technologies, a pioneer in Applied GenAI Process Automation solutions, has secured funding from strategic investors including Pegasystems, Sand Dollar Capital, and prominent entrepreneurs, which will fuel the growth of its BizAI product as the market leader in Applied GenAI Process Automation. Fisent's BizAI solution enables end-to-end automation of repetitive business tasks through the application of foundational GenAI models, dramatically increasing back-office efficiencies by reducing the cumbersome manual workload that comes with human interpretation of different types of data and content. BizAI is already driving revenue growth and cost savings to companies that range from small banks to Fortune 500 corporations. For example, if customers submit reimbursement receipts to an airline after a cancelled flight, BizAI can intelligently interpret those receipts, categorize expenses, and discern which expenses are associated with the cancelled flight, saving valuable hours ...