Hyland has acquired Germany-based robotic process automation (RPA) software developer Another Monday, in a move designed to increase the Company’s data management offerings. The addition of a feature-rich, end-to-end RPA software solution, which is highly configurable, extends Hyland’s process automation capabilities and strengthens its content services product portfolio at a time when many healthcare organisations are looking to apply RPA technologies.
Another Monday was positioned as a Visionary by Gartner in the Magic Quadrant for Robotic Process Automation Software 2019. Its four complementary software products will enable Hyland’s customers to augment existing process automation solutions with innovative RPA functionality.
“Adding RPA to Hyland’s content services platform extends and augments our low-code process automation offerings, enabling a next level of digital transformation to all of our customers,” said Bill Priemer, president and CEO of Hyland.
“We look forward to getting to know our Another Monday colleagues, welcoming our new customers and partners to the Hyland community and incorporating this powerful technology into our existing solutions.”
“The RPA market is an exciting and challenging space with rapid growth and a vast number of possible applications that organisations can easily combine and integrate for better and more flexible business processes support,” said Hans Martens, CEO of Another Monday. “We see Hyland as the best fit to embed our RPA technology into their powerful automation platform, to truly implement easy, end-to-end automation for everyone.”
Now, more than ever, organisations across the world face an imperative to leverage automation tools to address business challenges as part of accelerated digital transformation initiatives.
Healthcare providers are facing increasing challenges with managing levels of inventory, supporting digitisation of patient files, optimising appointment scheduling, and executing billing and claims processing. To help overcome these operational pain points, more and more healthcare providers are embracing RPA to alleviate these challenges and drive enhanced efficiency and growth.
Healthcare is predicted to have a 36% automation potential. This means more than a third of healthcare tasks—especially managerial, back-office functions—could be automated, allowing healthcare providers to offer more direct, value-based patient care at lower costs and increased efficiency.
The addition of RPA technology is an integral component of Hyland’s intelligent automation strategy and a natural fit for its healthcare customer base.
