EIQ Platform for Intelligent Business Automation in Legal and Risk Management

Stay ahead using a predictive approach for legal and risk management processes.

Intelligent Business Automation Platform for Legal and Risk Management

Hyperautomation enablement platform for legal and risk management
Risk and Compliance Automation 

Build a bullet-proof risk and compliance framework for effective fraud detection and sanctions screening with a intelligent business automation platform for legal and risk management.

How does it work?
  • Automate export control or sanctions screening checks for prospects to ensure compliance before doing business with them.
  • Respond to regulatory changes and carry out periodic regulatory filings as needed by industry or region.
  • Build “expert assistants” using conversational interfaces to provide ad-hoc support.
Intelligence in Internal Audit Function 

By embracing intelligent business automation for legal and risk management, adopt a systematic and predictable approach to infuse automation for continuous audits across enterprise functions.

How does it work?

  • Redesign the internal audit process to create automation hooks across the controls landscape, including ITGC, O2C, and P2P.
  • Convert unstructured data into structured data coupled with document digitization.
  • Implement continuous control testing based on business rules and anomaly detection.
Hyperautomation enablement platform for legal and risk management
Hyperautomation enablement platform for legal and risk management
Contracts Management

Augment legal teams with “digital workers” for tangible productivity enhancement and improved accuracy with a safeguarded reliance on intelligent business automation for legal and risk management.

How does it work?
  • Identify “red flag” items in counterparty contracts with NLP-based due diligence and contracts review.
  • Drive contract standardisation by automating templatized creation of new contracts to avoid deviation from standard terms.
  • Automate contracts novation and repaper contracts in case of a merger or acquisition.
Regulatory Filings

Use a powerful intelligent business automation platform for legal and risk management to eliminate the manual effort involved in tracking regulatory calendars and associated filings.

How does it work?
  • Automate government agency approvals and reporting per regional calendars, such as labor law compliances.
  • Ensure policy compliance and audit trail across all departments and regions within the enterprise.
  • MIS report generation for functional heads and building conversational interfaces for ad-hoc queries.
Hyperautomation enablement platform for legal and risk management

Talk to us today to understand how the EIQ platform automated the claims processing processes of a corporate to improve efficiency.

Empowering Household and Non-Household Customers: EvoluteIQ's Approach to Claims Processing

EvoluteIQ Solutions

The Challenge

Coping with Regulatory Demands and Customer Expectations

Our client faced a dual challenge: responding effectively to regulatory action and automating the claims processing system for both household and non-household customers. The regulator’s mandate required a comprehensive audit trail for each processed claim, with the utmost priority being the system’s timely availability to customers.

The Results​

Overall reduced error rates

70% Reduction in claims handling team with outsourced BPO provider

Data

GBP 400M Worth of claims processed on the platform since the launch

Quicker turnaround time

4 Weeks MVP launch with full solution launch in 10 weeks

Are you ready to transform how your business operates?

Scroll to Top

This website uses cookies to ensure you get the best experience on our website. Learn more