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IQ Bot

Brand: Automation Anywhere

  • 4.3

  • 2 Ratings & 2 Reviews

IQ Bot is a next-generation intelligent rpa software designed for developers, allowing them to add cognitive capabilities to processes and enable human logic on patterns of documents. Users can extract values with the accuracy of a machine, and increased speed with an error rate of almost zero. The software uses cognitive capabilities to extract information from unstructured or semi unstructured ...

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IQ Bot Software Overview

What is IQ Bot?

IQ Bot is a next-generation intelligent rpa software designed for developers, allowing them to add cognitive capabilities to processes and enable human logic on patterns of documents. Users can extract values with the accuracy of a machine, and increased speed with an error rate of almost zero. The software uses cognitive capabilities to extract information from unstructured or semi unstructured data.

The software is fully integrated with the Automation Anywhere Enterprise platform and aims at automating the process of business tasks, including unstructured data and complex documents. The IQ Bot allows users to easily set up and manage data with its built-in intuitive dashboard. 

How does Automation Anywhere Technology work in IQ Bot?

IQ Bot's Automation Anywhere, a top-rated tool used in the Robotic Process Automation industry, aims at enabling users to make their business more scalable and secure by providing more resilient services. Automation Anywhere helps reduce human intervention and increases automation processes with the help of workforce analytics, robotic process automation, and cognitive automation.

How does an IQ Bot work?

In this modern age, machine learning and artificial intelligence are applied in everyday processes, and IQ Bot caters to every automation needs of businesses. The application extracts information intelligently after identifying and categorizing the unstructured data. The Bot then comprehends the intent and meaning of data to understand and improve the ability of decision making.

IQ Bot then conducts the phonetic algorithm using a fuzzy string to match it against the applications of the enterprise to enrich and validate the extracted data. The improved machine learning processes enable the Bot to develop domain expertise, resulting in reduced exceptions and increased accuracy by simulating human behavior.

Pricing of the IQ Bot

The pricing of the IQ Bot depends on the extent of requirements and usage of the user. One can also request a callback to get personalized quotes.

Benefits of using IQ Bots

There are many benefits of using IQ Bot, such as it learns from the user inputs overtime. The training requirement is minimum for the Bot, and in some cases, the user may be able to get the value in just one pass. It also supports tabular data extraction and is enabled with advanced table extraction features to support complex cases. The file types supported by IQ Bot are PDF, JPG or JPEG, TIF or TIFF and PNG. It also has multi-language support, including Italian, French, German, English, and Spanish.

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Automation Anywhere Company Details

Brand: Automation Anywhere

Founded Year:  2003

We’re on a singular and unwavering mission to democratize automation and create a better future for everyone, liberating people from mundane, repetitive tasks, and allowing them more time to use their intellect and creativity.

Director/Founders Mihir Shukla / Neeti Mehta
Company Size 1000+ Employees

IQ Bot Pricing & Plans

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IQ Bot Features

  • icon_check Computer Vision
    Digitize low-quality scans and skewed images using advanced image enhancement and noise reduction technologies.
  • icon_check OCR Integration
    Leverage top-tier Optical Character Recognition engines to convert printed or handwritten text into usable data.
  • icon_check Fuzzy Logic Matching
    Validate extracted information against internal databases even when there are minor spelling or formatting errors.
  • icon_check Semi-Structured Data Support
    Extract specific data points from varying layouts like invoices, purchase orders, and utility bills automatically.
  • icon_check Human-in-the-Loop
    Route low-confidence extractions to a validation interface for human review to ensure 100% data integrity.
  • icon_check Cloud-Native Deployment
    Scale your document processing capacity instantly using a secure web-based architecture with no local hardware.
  • icon_check Cross-Language Support
    Process and extract data from documents written in dozens of different languages using localized AI models.
  • icon_check GDPR & PII Masking
    Protect sensitive information by automatically redacting or masking personally identifiable data during processing.
  • icon_check Business Automation
    Streamline end-to-end document workflows by integrating extracted data directly into your existing enterprise apps.
  • icon_check Machine Learning
    Improve extraction accuracy over time by learning from human corrections and evolving document pattern changes.
  • icon_check Artificial Intelligence
    Utilize advanced neural networks to identify and classify document types without needing manual pre-sorting rules.
  • icon_check Process Analysis
    Evaluate automation performance with real-time dashboards that track straight-through processing success rates.
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IQ Bot Specifications

Supported Platforms
Windows Windows iOS iOS Android Android MacOS MacOS
Devices
Desktop Desktop Mobile Mobile
Deployment
Cloud-Based Cloud-Based Perpetual Perpetual
Suitable For
All Industries
Business Specific
All Businesses
Business Size
Individual Small Business Startups Medium Business Enterprises SMEs MSMEs
Customer Support
Phone Email Live Chat Communities
Language
English
Integration
API Integration
Training Resources
Webinars Documentation
AI Features
AI Integrated
Technology
Next Generation
Compliance Regulation
CCPA

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IQ Bot Reviews

4.3

Out of 5

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Overall Rating

Based on
2 Verified Reviews

Rating Breakdown

  • Features 4.2
  • Value for Money 4.2
  • Ease of Use 4
  • Customer Support 4.7

85% Recommend this Product

Add Review

Sudhir Tripathi

User

4.3

Reviewed on: Apr 20, 2020

Techjockey Verified

“Automation Feature is Awesome”

Pros

I was looking forward to software that will take care of my business by virtue of automation. After surfing the internet last night, I came across your portal and was happy to find that the IQ Bot uses Fuzzy Logic to validate the extracted data. It also has an improved machine learning technology to understand human behavior.

Cons

Not much found! But still, I believe customization in terms of mapping can be improved.

Nihal D’Cruz

User

4.2

Reviewed on: Apr 6, 2020

Techjockey Verified

“Business Automation Feature is Cool”

Pros

This is the first time I am using this software but the way it handles business automation by saving time is really noteworthy. Moreover, I no longer need to be reliable on manual operations

Cons

I found the software to be a bit complicated to use and as far as the user standpoint is concerned, I didn’t find the UI very intuitive. Hopefully, these issues will be resolved in the subsequent versions of IQ Bot.

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How does the dashboard of IQ Bot help?

IQ Bot can extract data from specific domains and documents to provide valuable insights.

What is the accuracy rate of the IQ Bots?

STP (Straight Through Processing) is the primary metric for IQ Bot and it is dependent on the accuracy of field capture, as the field accuracy directly impacts the STP.

Does IQ Bot understand human language?

Yes, IQ Bot has natural language processing abilities that comprehend the intent and semantic meaning of content written in human language, thus helping in efficient decision-making processes.

Does IQ Bot enhance fuzzy logic algorithms?

Yes, this AI-powered software enriches fuzzy logic and conducts advanced phonetic algorithms. At the same time, it makes sure that the fuzzy logic strings conducted over its interface are matching with enterprise-level applications, thus validating and enriching the extracted data.

How efficient is the machine learning processes of IQ Bot?

The application recognises computer vision and categorises the unstructured and disorganised content to extract the required decision-making data intelligently. Moreover, it even learns from observing human behaviours and tries to develop expertise in specific domains. This also increases accuracy and reduces the possible exceptions or errors.

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Terms and Condtions

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Users with registered businesses can purchase goods from merchants on the platform to satisfy their business needs. Users are not permitted to utilize any products acquired through the platform for resale, advertising, business, or further distribution.

For each purchase made, users will receive a Tax Invoice (or 'GST invoice') that includes specific details such as:

  • the GSTIN of the user associated with their registered business, and

  • the specified Entity Name for their business.

It should be noted that not all products are eligible for GST Invoice. Only the products displayed by participating sellers with the 'GST-based Invoice Available' callout on the product description page would qualify.

Certain goods and services are not eligible to get a GST Invoice, including items with VAS, i.e., Value Added Services (e.g., Total Mobile Protection/Assured Buyback) and those involving an exchange offer at the time of purchase.

Users must ensure the accuracy of the GSTIN, and business entity name provided for the GST Invoice. Requests for corrections into GST Invoice would not be accommodated by Techjockey.com or any Seller, and any issues arising from user-provided information are the sole responsibility of users.

Techjockey.com is not liable for the GST Invoice or any associated input tax credit. To efficiently claim an input tax credit, users should select the registered place of business address as per the GST authority's data and follow the provisions of the GST Act and rules.

To claim an input tax credit, the delivery and billing addresses must match. Furthermore, input tax credits will not be granted if the delivery address and GSTIN on the invoice are from different states. In case of incorrect GST details provided during the order placement, the order will be canceled automatically.