Fisent Secures Funding for GenAI Process Automation Solution
2024年8月6日 - 10:00PM
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 of
employees’ time and expediting resolution processes.
"It is a tremendous endorsement to have partners
like Pega support the rapid adoption of our BizAI solution," said
Adrian Murray, Founder and CEO of Fisent. "Their investment further
supports our technology and provides us with the resources to meet
the enthusiastic market demand we are already experiencing across
multiple industries and use cases.”
"As a company deeply committed to innovation –
particularly in the generative AI space – it was a natural fit for
Pega to work with Fisent and support their intelligent solutions
that increase back-office efficiencies and help organizations
achieve business goals," said Jason Masciarelli, VP, Launchpad GTM
& Ventures, Pega. "We look forward to seeing how Fisent will
continue to innovate and help clients on their digital
transformation journeys.”
Fisent and Pega, a leader in enterprise AI
decisioning and workflow automation, have worked together for
nearly four years, leveraging both Pega InfinityTM and Pega
Launchpad, Pega’s platform for SaaS development, hosting, and
operations. Fisent’s BizAI solution provides additional value to
Pega InfinityTM clients, as well as new clients looking to
streamline back-office processes with generative AI.
Fisent’s BizAI solution is available today and
is being deployed for many use cases, representative examples
include Purchase Order (PO) processing for a Fortune 1000 company,
Regulatory Testing for several Banks/FinTechs, Client Onboarding
for multi-national Banks, Contract processing for multi-national
Commercial Insurance organization. For more information, visit
www.Fisent.com.
About FisentFisent Technologies
is revolutionizing how business is performed by enabling the
utilization of GenAI models for the automation of common business
processes. By creating a bridge between the enterprise application
layer and the rapidly evolving ecosystem of Foundational GenAI
models, Fisent’s Applied GenAI Process Automation solution, BizAI,
enables process automation of time-consuming repetitive tasks such
as contract reviews, new customer onboarding, and order processing.
By combining the power of new technologies and its industry
expertise, Fisent creates solutions that are fast, efficient, and
cost-effective for clients of all sizes, enabling them to achieve
their desired business outcomes.
Media Contact
Mark TordikPR for
Fisent215-644-6502mtordik@broadpathpr.com