Efficiency and the search for effective AI are fixed atop the enterprise agenda. The business needs you to adapt for the ‘now’ and the ‘next.’ To do it all, you need to understand how your business really runs. Say hi to Process Intelligence, the connective tissue for business.
Making the right decisions rests on knowing how your business runs. Combining process mining, AI, and business context, Process Intelligence connects you to your processes, your teams to each other, and AI to your business. So that you can generate wins now to power sustainable growth next.
Accelerate collections Streamline and intelligently prioritize collections based on data-driven insights – and automate manual steps for dunning outreach, dispute coding, and credit approvals.
Use optimized payment terms Make purchases with the most favorable payment terms and ensure optimal payment time.
Shorten dispute cycle times Accelerate dispute discovery through data-driven identification of likely disputes.
Stop duplicate payments Examine historical & open invoices to identify, flag, and resolve potential duplicates.
Combat excess spend Eliminate contract leakage and analyze spend.
Minimize bad debt Reduce bad debt by using real-time, data-driven credit limits to assess credit risk.
Drive touchless invoices Remove avoidable and redundant activities to streamline invoice processing.
Improve first time right rate Detect PO discrepancies proactively by comparing PO data with PRs, contracts, and master data.
Cut down AP throughput time Streamline common actions – like GR follow up – that delay invoice processes.
Optimize credit management Assess risk based on data, centralize your customer information, and create streamlined approval processes.
Drive consistent contract usage Identify PRs without contracts and automatically apply the appropriate contract.
Boost on-time payment Prioritize open invoices across all of your systems to quickly resolve payment blocks.
Reduce DSO Automate recurring activities, and simplify tracking & reporting.
Intelligently update open orders Detect POs without a contract and apply the available contract for that respective supplier.
Hold up theory to reality Overlay process mining analysis onto your target state models to identify gaps and test & validate changes.
Consistent quality and onboarding Ensure adherence to best practices across the organization by providing up-to-date documentation.
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