In this technology-driven world, businesses need to turn their attention to Artificial Intelligence to increase automation and efficiency in procurement. We provide a revolutionizing supplier intelligence tool for buyers, providing a data-driven and unique way to manage suppliers, analyze expenditures, and detect fraud.
aiAURA Procurement AI is a technology-enabled approach built on an open-source platform and ready to be deployed to an enterprise-grade cloud platform, which helps enhance the supplier-identification process by scanning millions of suppliers within no time. AURA Procurement AI helps organizations accelerate AI transformation.
Swiftly create clear and reliable insights of spend characteristics and trends
Attain cost-effective and sustainable supply options
Identify potential fraud/anomalies in large-scale payments
Scan contracts with NLP to identify patterns
Enrich Interactions and enable intuitive buying experience across channels
Leverage best-in-class process platforms and UX to increase the spend under management & compliant channels
Enable strong collaboration and real-time visibility across internal teams and external partners
Leverage bots, RPA, and advanced analytics to reduce operational cost and resource exploitation
Enable procurement organization to drive procurement policies, buying channels & statutory regulations
Integrate AI-enabled solutions with source-to-pay platforms for faster and secure transactions
Spend classification and prioritization
Optimized agreements
Quicker anomaly identification
Improved compliance and reduced fraud
Reduced risks and operational costs
Implemented Spend Analytics at an Integrated Oil & Gas Major to Reduce Maintenance Costs and Downtime
Determined Alternate Vendors in Life Sciences When Existing Vendors Face Manufacturing Quality Issues
