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.
Gain In-depth Expenditure, Payment, Supplier and Automated Contract Analysis with aiAURA Procurement AI
Spend Analytics
Swiftly create clear and reliable insights of spend characteristics and trends
Supplier Intelligence
The business attains cost-effective and sustainable supply options
Payments
Identify potential fraud/anomalies in large-scale payments
Contract Management
Scan contracts with natural language processing to identify patterns
aiAURA Procurement AI Benefits
Take your Business to a Whole New Level of Automated Performance and Speed
Seamless Buying Experience
Enrich Interactions and enable intuitive buying experience across channels
Increased Spend Under Management
Leverage best in class process platforms and UX to increase the spend under management & compliant channels
Improved Visibility
Enable strong collaboration and real-time visibility across internal teams and external partners
Lower Costs with Automation
Leverage bots, RPA, and advanced analytics to reduce operational cost and resource exploitation
Drive Compliance & Manage Risk
Enable procurement organization to drive procurement policies, buying channels & statutory regulations
Leverage AI to Simplify Interactions
Integrate AI-enabled solutions with source-to-pay platforms for faster and secure transactions
aiAURA Procurement AI Enables Enterprises Derive Value and Savings per FTE
Procurement Analytics Process Flow
