AI in finance and procurement

Revolutionize document processing with Routty IDP

Routty Intelligent Document Processing (IDP) revolutionizes document-centric business processes by providing a scalable, multi-tenant SaaS platform equipped with advanced AI capabilities. It automates and optimizes workflows through dynamic verification forms that require no complex coding, ensuring efficient classification, data extraction, interpretation, and decision-making.

Routty IDP accurately processes diverse document types, such as order confirmations, sales orders and contracts, reducing manual intervention and errors while enhancing productivity. Its AI-driven insights enable real-time, data-based decisions, driving continuous improvement and business growth, making it an indispensable tool for enterprises aiming for efficiency and strategic advantage in the digital age.

Process Excellence achieved with AI

Microsoft Power Automate is at the forefront of process excellence in finance. Power Automate’s AI-powered robotic process automation (RPA) automates repetitive financial tasks such as data entry, and reconciliation. The AI Builder offers pre-built models for form processing, object detection, and text classification, enhancing document automation and expense reporting. Natural Language Processing (NLP) improves user interactions with financial systems, making workflows more intuitive and efficient.

Celonis excels in process mining, using AI to visualize, analyze, and improve financial processes by identifying inefficiencies. Its AI-driven automation streamlines workflows, reducing manual intervention. Predictive analytics provide insights for better decision-making, supporting financial forecasting, risk management, and optimizing accounts payable and receivable processes.

AI in Business Spend Management

Coupa’s AI capabilities are integral to its business spend management solutions. The platform leverages AI for spend analysis, identifying savings opportunities, and ensuring compliance with corporate policies. Its AI-driven invoice processing reduces manual entry errors and accelerates payment cycles. Coupa’s expense management system detects fraudulent activities, ensuring adherence to policies while providing insights into spending behaviors. In procurement, AI aids in supplier discovery, risk assessment, and contract management, optimizing procurement processes and driving cost-effectiveness.

AI driven process automation

Experience the next generation of intelligent automation. Tungsten’s proven AI capabilities are now elevated by the transformative potential of Generative AI (GAI). Seamlessly integrated with Tungsten Intelligent Automation Solutions, GAI merges human expertise with Artificial Intelligence to revolutionize decision-making, boost efficiency, and redefine workflows.