Practical AI
that drives results

Optimize Spend  Performance

Optimize Spend Performance

Automated Spend Categorization

Automated Spend Categorization

Improve Supplier Management

Improve Supplier Management

Reduce Core Process Inefficiencies

Reduce Core Process Inefficiencies

Case Study

Global Healthcare Services Giant with over 1M transactions every year

Implementation
  • Improved compliance by reducing non-compliance expenses
  • Eliminated non-T&E expenses
  • Targeted high utilization of non-preferred vendors
  • Reduced frequent last-minute bookings & cancellation changes
Results
  • Total of 11% in total annual savings generated
  • 6% savings in compliance improvements
  • 3% savings in non-T&E expense eliminations
  • 2% savings from usage and behavior regulation
Case Study

Leading Global manufacturer of pharmaceuticals and packaged goods

Implementation
  • Transformed contracts into a strategic digital asset using a scalable Natural Language Processing (NLP) based solution
  • Leveraged NLP feature extraction capability to mine for possible working capital opportunities
  • Employed NLP comparison solution to determine the degree of variation between documents
Results
  • Identified nearly $90 MM in potential cash flow opportunity and uncovered potential late payment penalty risks
  • Enabled negotiations for discounts on early payments
  • Exposed process inefficiencies when contract escalations do not result in actual text modifications