• The procurement workflow involves multiple complex steps.
• Upon receiving vendor quotes, the purchaser conducts a comprehensive manual analysis which undergoes multilevel approval hierarchy.
• Subsequently, the purchaser manually creates a purchase order within the ERP system.
• The inherent complexities and manual dependencies poses challenges in efficiency, delays, time consuming and inter departmental coordination.
• In response to these challenges, the customer seeks to streamline the procurement process.

Introduction

The procurement workflow involves multiple complex steps.

Solution

•  Manual comparative analysis was automated with the AI builder. The automated process starts with just single email from purchaser.
•  Approval Process with user-friendly features like buttons (Approve, reject, reason for approval or rejection) via email  is automated with the click of button ensuring transparency.
•  Real time interactive dashboard and vendor matrix rating is provided for vendor analysis for better decision making.
•  Automated the purchase order creation eliminating the need for manual intervention.

Key Benefits

• The implementation of automated processes has resulted in reduced manual dependencies, minimized errors, significant time savings, and notable cost saving.
• The automation of manual comparative analysis and purchase order creation streamlines the process enhancing efficiency
• Real time interactive dashboard and vendor matrix rating provides the benefit of enhancing vendor analysis leading to more informed and effective decision-making process.