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Is there a better way to handle bad debt scoring?

2021-01-20T15:12:09+00:00October 21st, 2020|Categories: Artificial Intelligence, Collections, Machine Learning, Predictive Modeling|Tags: , , , , , |

Despite the current financial crisis, credit scores are soaring – Is there a better way to handle bad debt scoring? For many years, credit scores have been the primary tool used to prioritize bad debt accounts for the vast majority of collections agencies.  For the most part, a person’s credit score is a good indicator to determine if they are capable of paying back their debt.  But with advances in AI technology and with the average consumer credit score reaching new highs, (see WSJ article here) should agencies be looking at alternative ways to prioritize their accounts? In this article, we’ll compare traditional credit scores to machine learning models as a strategy [...]

Collection Scoring with AI/ML

2022-07-27T15:44:00+00:00October 9th, 2020|Categories: Artificial Intelligence, Collections, Machine Learning, Predictive Modeling|Tags: , , , |

Collection Scoring - How Healthcare Providers Can Use AI/ML for Optimal Results Debt collection is a costly, yet necessary undertaking for healthcare providers. To reduce costs, debt collection often gets outsourced to a third-party agency. However, handling accounts that are more likely to pay in-house can reduce outsourcing costs. To accurately identify these accounts, healthcare providers can leverage artificial intelligence (AI) for Collection Scoring. Why Healthcare Providers Should Use AI For Collection Scoring AI-based collection scoring models allow healthcare providers to accurately determine which accounts receivable to handle in-house and which to outsource to collection agencies. This results in: Increased debt collection rates, because collectors will [...]

How Innovative is Your Company?

2022-07-22T19:08:29+00:00September 21st, 2020|Categories: Artificial Intelligence, Automation, Data Science, Machine Learning|Tags: , , , , , |

The interest in AI and automation has continued to rise in recent years and is expanding into almost every department for both small and large organizations.

QuantHub Partnership

2021-08-06T13:28:17+00:00September 1st, 2020|Categories: Artificial Intelligence, Automation, Machine Learning, Partnership, Press Releases|Tags: , , , , , |

NLP Logix & QuantHub Partnership Announcement   NLP Logix is pleased to announce a new partnership with QuantHub, a leading data science skills assessment and development platform, to offer complete Machine Learning/AI solutions.   QuantHub's strengths are in empowering companies to build the technology teams they need to be able to support and improve upon the ML/AI programs they have in place. NLP Logix's strengths are in putting those ML/AI programs in place. Combined, we can offer a complete solution.   The Process     NLP Logix offers the customized Machine Learning and Artificial Intelligence solutions you need to scale your business automation. From the initial steps of identifying your challenges all [...]

The State of AI 2020

2022-08-11T20:00:54+00:00August 20th, 2020|Categories: Artificial Intelligence, Automation, Case Studies|Tags: , , , , |

      The State of AI 2020   Survey Results   We sent out a survey to approximately 5000 business professionals from a variety of positions and industries and asked them a few questions about the current state of Artificial Intelligence (AI) as it relates to their industry. We have received and compiled the results into our report "The State of AI 2020". Click to download this free report and see how your organization compares. Survey Results - Download Now     Learn More…   To learn more about these survey results, or to discuss AI or automation projects within your own organization, contact us:(904) 208-5065           [...]

Business Process Management with Decisions and NLP Logix

2022-08-17T18:20:31+00:00July 1st, 2020|Categories: Artificial Intelligence, Business Process Management, Data Science, Partnership, Press Releases, Workflow|Tags: , , , , |

Decisions and NLP Logix Announce Partnership to bring the Power of Machine Learning to Business Process Management   Jacksonville, FL. - July 1, 2020 - The Decisions no-code workflow and rules platform was designed to enable businesses to automate and optimize their digital business processes but do so in a way that is able to be done by non-programming staff. NLP Logix was founded with the mission to bring the power of machine learning to industry by becoming its customers outsourced data science team. With the combination of the Decisions platform and NLP Logix machine learning tools and team, the ability to quickly and affordably integrate artificial intelligence to workflows is now here. [...]

Deep Learning Data Extraction Technique – NLP Logix Awarded 3rd Patent

2022-08-17T18:46:34+00:00June 9th, 2020|Categories: Artificial Intelligence, Case Studies, Data Capture, Data Science, Deep Learning, Press Releases|Tags: , , , , |

Neural Network-based algorithm that was originally trained to identify breast cancer tumors on pathology slides, re-purposed to classify and extract data from document images with Deep Learning Data Extraction.   Jacksonville, FL - In late 2015, NLP Logix Lead Data Scientist, Matt Berseth, entered the company into the Camelyon16 Grand Challenge. The Camelyon16 was a challenge for the medical and computer science communities to come together to train a computer to identify breast cancer tumors, at a level at or above the highest trained pathologists in the world.  In April 2016, the top five winners were announced, with the combination team of Harvard Medical School and MIT taking first place, and [...]

AI/ML Top 5 Lessons Learned from Our Past Failures

2021-03-15T18:31:57+00:00May 21st, 2020|Categories: Analytics, Artificial Intelligence, Case Studies, Machine Learning|Tags: , , , |

Over the last 9 years, we’ve worked on hundreds of AI/ML projects with our clients.  The vast majority of these projects turned out to be very successful, but we have certainly made mistakes along the way.  Lots of them.  We’ve learned from every one of these mistakes so we don’t do it again. From issues with the data, API’s, building ML models and getting them into production, we’ve messed up.   However, over time, these lessons are invaluable in our success in delivering value to our clients.  Quite simply, we’ve already made the mistakes so our clients don’t have to. Here are our Top 5 Lessons Learned over the years. 1. Data Issues [...]

AI and Automation with NLP Logix – Video

2022-08-25T20:17:23+00:00May 14th, 2020|Categories: Artificial Intelligence, Automation|Tags: , , , |

Harness the Power of AI and Automation If your organization is having humans read, review images, estimate or do multiple clicks in a legacy system then you need a plan to automate those tasks. See how NLP Logix can help with AI and Automation. See how the team at NLP Logix can help your business uncover new efficiencies through AI.   Contact Us Today! The AI technologies you need: Assessments Advanced Analytics Application Development Collection Scoring Data Capture Automation Predictive Modeling  Model Performance Monitoring Natural Language Processing Sentiment Analysis Robotic Process Automation Follow [...]

The Importance of Automation During a Pandemic

2022-08-30T18:38:41+00:00May 12th, 2020|Categories: Artificial Intelligence, Automation, Webinar|Tags: , , |

Join Industry Leading AI Experts Discuss the Importance of Automation and the Impact of AI     Join NLP Logix and our panel of leading industry experts to discuss the need for automation now, and in the post-pandemic world. We'll provide insights on the power of A.I. and the importance of automation for your business to decrease costs, increase efficiency and grow your business post-recession.       See how the team at NLP Logix can help your business uncover new efficiencies through automation. Contact Us Reduce mistakes, improve consistency, reduce mistakes, and eliminate the mundane tasks with Automation. Learn more in this webinar [...]

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