Solution: An AI agent for order management
Cosentino worked with Celonis to build an AI agent to solve this considerable challenge. “Our goal was to make an agent that could take care of a process on behalf of, as good as, or even better than humans,” says Domene.
In just seven weeks, Celonis was able to gather the necessary insights and requirements from the Cosentino team, pull information from multiple IT systems, structure the data, and build and deploy the agent using AI Annotation Builder.
The AI agent analyzes each blocked order, using all relevant data including order value, customer credit information, and process-driven KPIs such as block removal rates. In seconds it provides a recommendation to either unblock the order or to maintain the block and investigate further, and it supplies credit managers with detailed, fact-based reasoning they can review with ease. Some orders can be unblocked automatically. For others, credit managers can choose to accept the decision and release the order with the click of a button in the Credit Block App, or to reject the decision and provide feedback for the agent to learn from.
The AI agent now analyzes around 180 blocked orders each day and Cosentino is seeing three key benefits:
- Increased productivity: Credit managers can handle at least five times as many blocked orders as they did before, without any additional risk. They have more time to focus on value-add tasks, such as reviewing and taking action on high-risk orders.
- Better customer experience: A considerable reduction in the delivery delays that were caused by unnecessary order blocks is resulting in a better experience for Cosentino customers.
- Improved working capital: A decrease in the time taken to review, unblock, and deliver the order, means invoices are sent and payments received more quickly, which positively impacts working capital.