Saturday, December 13, 2025
4.8 C
London

New Forethought tool lets you build workflows with natural language

For years, Forethought and other vendors have been selling chatbots to help answer common customer service questions without a human agent. With the growing popularity of generative AI, the company sees even more potential to expand that capability. Today, Forethought introduced the next logical step in that journey called Autoflows.

“We’re announcing a concept called Autoflows, which are natural language simple prompts, where you specify the goal or the policy and you let the AI figure out the rest,” Deon Nicholas, co-founder and CEO at Forethought, told TechCrunch. The idea behind the Autoflows it not simply to answer the questions, but to undertake a series of tasks, sometimes crossing systems to complete it.

He is careful to point out that this is very different from no-code and low-code workflows, which require customer service teams to more deliberately define the actions in a workflow. “You can basically just enter a block of text that specifies a policy, and in true Forethought fashion, we can [recognize the request] and pull in data from your past conversations or your existing policy docs,” he said.

Nicholas says that customers have been using it in beta, and it has been leading to an increase in resolution rate when using Autoflows, compared to classical workflows. Once the AI is armed with the data for any given task, it can start to figure out what questions to ask the customers and start to build a meaningful automated conversation that sounds close to a human customer service agent, he said.

The whole system is powered by SupportGPT, Forethought’s generative AI model. That is in turn powered by OpenAI models, as well as the company’s own proprietary models.

While much of this is automated, humans can still control the process to add, edit or remove tasks and generally fine-tune it, but the goal is for the AI to figure out as much as possible. It’s not fully iterative yet like ChatGPT that lets you refine your request, but it can connect to systems like Zendesk and start a ticket via a Rest API, but for now at least it requires you to add additional tasks manually.

Over time as they refine the process building part of it, Nicholas expects they will build that level of sophistication into the tool. While Autoflows has been in early beta, the company is opening the beta to the public, starting today, to refine it further.

Forethought was founded in 2017 and has raised over $90 million, per Crunchbase. The startup won the TechCrunch Disrupt Startup Battlefield in 2018.

source

Hot this week

Banking as a Service: Meaning, Examples, Benefits and Future

The push for open banking has led to a...

FinTech Alliance: Partners with Seedrs to facilitate funding opportunities for founders

FinTech Alliance: Partners with Seedrs to facilitate funding opportunities...

Best fintech blogs and websites

Fintech (financial technology) has been an interesting part of...

What is Fintech?

Fintech: A term used to refer to innovations in...

Airwallex: Your Global Business Account

Airwallex: A global business account, built for the modern...

Do Kwon Sentenced to 15 Years for Terraform’s Massive Fraud Scheme

Court ruling marks a significant moment for cryptocurrency accountability. Highlights:...

Nationwide Fined $44 Million for Ineffective Financial Crime Controls

The financial institution faces penalties for subpar compliance measures. Highlights:...

Grasshopper Bank Acquired by Enova for $369 Million in Strategic Move

Acquisition aims to enhance Enova's digital banking capabilities and...

JPMorgan Enables US Commercial Paper Issuance for Galaxy Holdings on Solana

A significant step in the intersection of traditional finance...

Mollie Announces Strategic Acquisition of GoCardless to Enhance Payments

The acquisition aims to provide seamless payment solutions for...

BIS and Central Banks Trial Post-Quantum Cryptography for Payments

Exploring security solutions for the future of digital transactions. Highlights:...

Mollie Set to Acquire GoCardless in Strategic Fintech Expansion

This acquisition promises to enhance payment solutions for businesses...

Tandem Bank Appoints Former B CTO as Chief Technology Officer

Strategic leadership shift aims to enhance Tandem's tech capabilities. Highlights:...
spot_img

Related Articles

Popular Categories

spot_imgspot_img